The Palm Condos — Toronto Pre-Construction
The Palm is a resale pre-construction condos development by Castle Group Developments in Toronto's Newtonbrook. Get pricing, floor plans, deposit structure…
The Palm Quick Facts
| Project Name | The Palm |
|---|---|
| Developer | Castle Group Developments |
| Address | 5740 Yonge Street |
| City | Toronto |
| Neighbourhood | Newtonbrook |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Resale |
| Storeys | 23 |
| Suite Sizes | 595 – 823 sq ft |
| Pricing | Register for pricing |
| Maintenance Fees | $1 / sq ft / month |
| Occupancy | 2013-01-01 |
| Walk Score | 85 |
| Transit Score | 100 |
About The Palm in Toronto
The Palm Condos is a completed condominium development by Castle Group Developments at 5740 Yonge Street in the Newtonbrook neighbourhood of Toronto. The project is 23 storeys tall and contains 216 suites. Architecture is by HCA Architecture. The Palm Condos was completed in 2013. Suites range from 595 to 823 sq. ft. The location has a Walk Score of 85 and a Transit Score of 100.
The Palm is also marketed as The Palm Condos, and listed in the developer's material as The Palm Condos.
Key Highlights of The Palm
From the Developer:
At The Palm, your home is also your retreat -- an yet, you are in the very heart of the city, steps from Finch subway. With fabulous designer suites and amenities to rival the finest resorts, the Palm is the perfect oasis of calm.
The Palm Renderings & Gallery
The Palm Floor Plans & Pricing
| Floor Plan | Beds | Baths | Size (sq ft) | Price | Availability |
|---|---|---|---|---|---|
| Savannah Palm | 2 | 1 | 595 | Register for pricing | Sold Out |
| Savannah Palm | 2 | 1 | 595 | Register for pricing | Sold Out |
| Coconut Palm | 2 | 2 | 717 | Register for pricing | Sold Out |
| Coconut Palm | 2 | 2 | 717 | Register for pricing | Sold Out |
| Coconut Palm | 2 | 2 | 717 | Register for pricing | Sold Out |
| Princess Palm | 2 | 2 | 747 | Register for pricing | Sold Out |
| Princess Palm | 2 | 2 | 747 | Register for pricing | Sold Out |
| Princess Palm | 2 | 2 | 747 | Register for pricing | Sold Out |
| Royal Palm | 2 | 2 | 752 | Register for pricing | Sold Out |
| Royal Palm | 2 | 2 | 752 | Register for pricing | Sold Out |
| Royal Palm | 2 | 2 | 752 | Register for pricing | Sold Out |
| Majesty Palm | 3 | 2 | 823 | Register for pricing | Sold Out |
| Majesty Palm | 3 | 2 | 823 | Register for pricing | Sold Out |
Full The Palm floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the The Palm price list and floor plans.
Amenities & Finishes
- ["-Caterer's Kitchen\n-Concierge\n-Pool\n-Lounge\n-Exercise Room\n-Dining Area\n-Terrace\n-Rain Room\n-Change Rooms\n-Steam Room"]
Location: 5740 Yonge Street
The Palm is located at 5740 Yonge Street, Toronto in the Newtonbrook neighbourhood, Greater Toronto Area.
- Walk Score: 85/100
- Transit Score: 100/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: Castle Group Developments
The Palm is being developed by Castle Group Developments, with architecture by HCA Architecture.
See all Castle Group Developments pre-construction projects.
How to Buy at The Palm
- Register early. Allocation at The Palm in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. Deposit structures for The Palm are confirmed at each release and can differ for end users, investors and international buyers.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for The Palm
Budget beyond the purchase price at The Palm: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $1 per sq ft per month.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at The Palm. Confirm each in the current agreement of purchase and sale before you sign.
The Palm — Frequently Asked Questions
Where is The Palm located?
The Palm is located at 5740 Yonge Street, Toronto in the Newtonbrook neighbourhood.
Who is the developer of The Palm?
The Palm is being developed by Castle Group Developments.
How much do units at The Palm cost?
Pricing for The Palm has not been publicly released. Registered buyers receive the price list first.
When is occupancy at The Palm?
Estimated occupancy for The Palm is 2013-01-01.
How many units are in The Palm?
The Palm is planned as a 23-storey condo development.
How do I get platinum or VIP access to The Palm?
Circle Real Estate provides platinum access to The Palm, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for The Palm pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-09-27. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.