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The Palm Residences
The Palm Residences
M2M3T3
4
ACTIVE
LISTINGS
$599K
AVG SALE
PRICE
25
AVG DAYS ON
MARKET
About The Palm Residences
The Palm Residences is a 23-storey high-rise in Newtonbrook West built by Castle Group in 2013, offering 214 units across a range of layouts. With an average unit size of 700 square feet and current listings showing a mix of 1- to 3-bedroom homes, the building appeals to both buyers and renters seeking accessible mid-rise living in North York. Rental rates average $2,643 per month, while the neighbourhood's proximity to transit and local amenities makes it a practical choice for professionals and families.
Located in the Newtonbrook West area, The Palm Residences sits near shopping, dining, and transit connections that serve the central and eastern parts of North York. The neighbourhood is walkable and well-served by TTC routes, making commutes to downtown and across the city manageable. This location suits renters and buyers who value convenience and proximity to services without the density of downtown condos.
Frequently asked questions
What type of building is The Palm Residences?
The Palm Residences is a 23-storey high-rise condominium developed by Castle Group and completed in 2013. The building contains 214 units, offering a mix of one-, two-, and three-bedroom floor plans with an average unit size of approximately 700 square feet. As a mid-rise residential tower in North York, it's designed to accommodate both owner-occupants and renters seeking modern apartment living in an established neighbourhood. The building's height and size mean it offers typical high-rise amenities and a more established community feel compared to newer construction in the area.
What's the neighbourhood around The Palm Residences like, and what transit is nearby?
The Palm Residences sits in Newtonbrook West, a residential neighbourhood in North York with good access to shopping, grocery stores, and local dining options along nearby commercial strips. The area is served by multiple TTC bus routes that connect to the Yonge-Dundas corridor and broader transit network, making it feasible to reach downtown Toronto, the Financial District, and other parts of the city without a car. The neighbourhood is relatively walkable for daily errands and has a stable, residential character. Nearby schools, parks, and services make it appealing for families and professionals who prioritize convenience over the intensity of downtown living.
What should buyers and renters know about living at The Palm Residences?
Potential buyers and renters should expect a range of unit sizes, with the average around 700 square feet, which typically translates to comfortable one- and two-bedroom layouts with room for home offices or living space. Current rental listings average $2,643 per month, giving a sense of the market rates in the building. When considering purchase or lease, ask about maintenance fees, pet policies, and what amenities the building offersu2014typical high-rise buildings include fitness facilities, common areas, and 24-hour security. Review the building's condition, recent capital improvements, and how the condo board manages finances, as this affects both monthly costs and long-term property values. The building's age and established community mean it's a stable choice, though prospective owners should factor in the building's ongoing maintenance and reserve fund health.
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Building details
TypeHigh-rise
Year built2013
Storeys23
Total units214
DeveloperCastle Group
Postal code
M2M 3T3