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    Five Condos

    5 St Joseph Street

    13for Sale
    12for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    45
    Number of Units:
    493
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    297 - 1,700 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Five Condos

    Amenities

    Guest Suites
    Bike Storage
    Concierge
    Gym Room
    Indoor Parking
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5 St Joseph StreetFive Condos

    It seems, as of late, that Toronto has a knack for affixing modern structures directly to historical edifices. That said, architects and developers working on future projects would benefit from taking a look at the Five Condos before finalizing any blueprints.

    Built in 2016, the contemporary condos at 5 St. Joseph Street soar 45 storeys into the air, while charming heritage lofts lay peacefully below. A 1905-built Gothic Revival warehouse is now the podium for Five Condos, with commercial storefronts that have been around since the 1880s serving as yet another anchor for the complex.

    The 493 units in the tower aside, 14 homes can also be found above these restored shops on the second and third storeys. Yet the real masterpiece during these renovations was the conservation of the four-storey brick warehouse for use as the podium, which set a precedent for this type of work: never before had such a large façade been preserved in downtown Toronto.

    Residents have the pleasure of entering and exiting the building through this architecturally striking piece of history. Onlookers on the street will likely stop and stare at the subtle curves that make their way up the glass tower, set back a touch so as not to steal the spotlight.

    It’s no wonder that MOD Developments was behind this project, a group known to care equally about both preservation and innovation. Working together with MOD, Hariri Pontarini and ERA Architects were in charge of the designs at 5 St Joseph. Even back in 2011, before the building was completed, the Five Condos received two BILD Awards, one for “Project of the Year — High Rise” and the other for “Best Building Design.”

    Residents have Cecconi Simone to thank for the elegant interiors at 5 St. Joseph, not an easy feat for a building with so much common space. The amenities take up 10,000 square feet inside the building, plus the 6,000 of outdoor space was designed by Janet Rosenberg and Associates. These include a gym with saunas and hot tubs, barbecues and a garden on the terrace, and a meeting room, TV room, billiards room, library, piano bar and dining room, not to mention the concierge who is ready and waiting to assist residents with whatever they need.

    The Suites

    The homes within the building are equally as impressive as the building itself, with hardwood floors and 9-10 foot ceilings found throughout. And the designers were smart to include such a range of sizes and layouts, because the building sold out fairly quickly when initially up on the market, though buyers have a better chance of finding downtown Toronto condos for sale here now.

    One or two bedrooms homes grace the Five Condos, plus a couple of more grand penthouses, of course. Suites at 5 St. Joseph range from around 300 to 1,700 square feet, meaning everyone from a single professional to an urban family can find something to settle down in here.

    Finishes vary throughout the building, with countertops in either granite or Corian, depending on the unit. Backsplashes, on the other hand, can be found in glass, porcelain, or ceramic. Stainless Steel appliances are a constant at 5 St. Joseph, while bathrooms may have deep soaker tubs or glass-encased showers.

    The Neighbourhood

    The Five Condos are situated in the heart of the Bay St. Corridor, surrounded by various neighbourhoods, each of which have a unique character of their own.

    To the west, residents can find the tree-lined streets and ivy-clad buildings that make up the University of Toronto campus. Even those who aren’t students can enjoy strolling around this area, or finding a shady spot for a picnic when the weather happens to cooperate.

    To the east lie The Village, Cabbagetown, and St. James Town, where independent businesses line the streets, serving up everything from craft coffee to artisan crafts. Northbound trips often involve window-shopping in the exquisite (and expensive) boutiques along Bloor West and in Yorkville. Things become more affordable to the south, as residents of the Five Condos can head down to the Eaton Centre to satisfy all of their shopping needs.

    Transportation

    In terms of travel, it doesn’t beat living at 5 St. Joseph. With Yonge Street so close at hand, driving, cycling, walking, and riding the TTC are all viable options for getting around.

    Wellesley Station takes about three minutes to reach on foot, from which travelers can catch trains heading north or south along the Yonge subway line. The Wellesley bus is a good option for those heading east or west, as is the streetcar along College, or the Bloor-Danforth subway trains.

    Those heading out in cars can head up to Bloor in order to access the Don Valley Parkway, a highway that will land drivers at the 401 or the Gardiner Expressway in no time.

    13

    Listings For Sale

    Interested in receiving new listings for sale?

    5 St. Joseph St, unit 325 for sale - image #1
    5 St. Joseph StBay St. Corridor
    Studio 1 Bath415 SQFT0 Parking
    $360/mth Condo Fee1 Day on Strata
    5 St Joseph St, unit 406 for sale - image #1
    $548,000
    5 St Joseph StBay St. CorridorUnit 406
    Studio 1 Bath297 SQFT0 Parking
    $277/mth Condo Fee60 Days on Strata
    5 St. Joseph St, unit 205 for sale - image #1
    $599,000
    5 St. Joseph StBay St. CorridorUnit 205
    1 Bed1 Bath500 - 599 SQFT0 Parking
    $427/mth Condo Fee42 Days on Strata
    5 St Joseph St, unit 4004 for sale - image #1
    $680,000
    5 St Joseph StBay St. CorridorUnit 4004
    1 Bed1 Bath615 SQFT0 Parking
    $527/mth Condo Fee3 Days on Strata
    5 St Joseph St, unit 4204 for sale - image #1
    $698,888
    5 St Joseph StBay St. CorridorUnit 4204
    1 Bed1 Bath615 SQFT0 Parking
    $552/mth Condo Fee49 Days on Strata
    5 St. Joseph St, unit 911 for sale - image #1
    $745,000
    5 St. Joseph StBay St. CorridorUnit 911
    1 Bed + 11 Bath627 SQFT0 Parking
    $563/mth Condo Fee14 Days on Strata
    5 St. Joseph St, unit 2105 for sale - image #1
    $748,000
    5 St. Joseph StBay St. CorridorUnit 2105
    1 Bed + 12 Baths652 SQFT0 Parking
    $577/mth Condo Fee25 Days on Strata
    5 St Joseph St, unit 1905 for sale - image #1
    5 St Joseph StBay St. Corridor
    1 Bed + 12 Baths636 SQFT0 Parking
    $553/mth Condo Fee12 Days on Strata
    5 St Joseph St, unit 1805 for sale - image #1
    $790,000
    5 St Joseph StBay St. CorridorUnit 1805
    1 Bed + 12 Baths654 SQFT0 Parking
    $577/mth Condo Fee46 Days on Strata
    5 St Joseph St, unit 220 for sale - image #1
    $899,888
    Price Increase: $50,888 (Apr 23)
    5 St Joseph StBay St. CorridorUnit 220
    2 Beds2 Baths840 SQFT0 Parking
    $745/mth Condo Fee11 Days on Strata
    5 St Joseph St, unit 3202 for sale - image #1
    $928,800
    5 St Joseph StBay St. CorridorUnit 3202
    1 Bed + 12 Baths718 SQFT1 Parking
    $709/mth Condo Fee22 Days on Strata
    5 St Joseph St, unit 1010 for sale - image #1
    $1,050,000
    5 St Joseph StBay St. CorridorUnit 1010
    2 Beds + 12 Baths827 SQFT1 Parking
    $781/mth Condo Fee46 Days on Strata
    5 St. Joseph St, unit Lph4602 for sale - image #1
    $1,849,000
    5 St. Joseph StBay St. CorridorUnit Lph4602
    2 Beds + 12 Baths1700 SQFT2 Parking
    $1,681/mth Condo Fee15 Days on Strata
    12

    Listings For Rent

    Interested in receiving new listings for rent?

    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at Five Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.8
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 34 condos in the Bay St. Corridor area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    98
    Units were Rented over the past twelve months

    Best Value Rank

    Five Condos offers the
    ?
    best value out of 34 condos in the Bay St. Corridor neighbourhood

    Appreciation Rank

    Five Condos has the
    ?
    highest ROI out of 34 condos in the Bay St. Corridor neighbourhood

    Rental Yield

    Five Condos yields the
    ?
    highest rent prices out of 34 condos in the Bay St. Corridor neighbourhood

    High Demand

    Five Condos is the
    ?
    most popular building out of 34 condos in the Bay St. Corridor neighbourhood

    Transaction Insights at 5 St Joseph Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$520,000 - $560,000$590,000 - $725,000$788,500 - $902,800$925,000$952,000 - $1,093,000
    Avg. Cost Per Sqft$1,301$1,080$1,239$1,235$1,301
    Avg. Wait for Unit Availability120 Days27 Days34 Days86 Days95 Days
    Ratio of Units in Building7%39%34%14%9%

    Maintenance Fees

    Five Condos vs The Bay St. Corridor Area

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