The Palm Condominium Residences

1 - About The Palm Condominium Residences

• Address: 5740 Yonge St, North York
• Neighbourhood: Newtonbrook West
• Storeys: 23
• Units: 216
• Built Year: 2013
• Builder: Castle Group Developments
• Building Type: High-Rise condo
• Suite Sizes: 1680 sqft - 1711 sqft
• Average Price: $806 / sq. ft.

2 - Overview of The Palm Condominium Residences

Completed in 2013, The Palm Condominium Residences is a 23-storey high-rise in North York. The architecture features green-toned glazing and concrete lines. The structure contains 216 residential units.

The building is set back from Yonge Street, allowing for landscaping at the ground level and a formal entrance. The design creates a physical buffer between the residence and the street traffic.

3 - Suite Sizes & Value

Suites range from 1,680 to 1,711 square feet. These layouts provide larger footprints than standard high-rise developments in the North York core.

The average price is $806 / sq. ft. Market data shows units average 35 days on the market and sell at 2.29% below the list price.

4 - Building Amenities & Features

• Wellness: Indoor pool, steam room, spa, and Rain Room
• Fitness: Exercise room and gym with dedicated change rooms for men and women
• Social: Lounge and party room for gatherings
• Dining: Formal dining area with caterer's kitchen
• Outdoor: Landscaped terrace and patio space
• Service: 24/7 concierge

5 - Location Highlights

• Transit: Located steps from Finch Subway Station and the Yonge and Finch transit hub
• Education: Proximate to McKee Public School, Churchill Public School, Pleasant Public School, Jonas High School, Horizons Secondary School, and Unionville Academy
• Amenities: Walking access to North York restaurants, coffee shops, and nightlife
• Entertainment: Close to theatres and cinemas

6 - Lifestyle Near The Palm Condominium Residences

The building is located in Newtonbrook West. The location attracts families and professionals who require proximity to the North York commercial centre.

Daily errands and transit are accessible on foot. The building's setback provides separation from the urban activity at the Yonge and Finch intersection.

7 - About the Developer

Castle Group Developments, also operating as Castle Royale Developments, is the firm responsible for the project. The building represents a high-rise development in North York that integrates residential density with professional landscaping.