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    5 St Joseph Street

    9for Sale
    18for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    45
    Number of Units:
    493
    Condo Completion:
    2016
    Condo Demand:
    Medium
    Unit Size Range:
    299 - 1,700 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Five Condos

    Receive listing updates for Bay Street Corridor

    Amenities

    Party Room
    Visitor Parking
    Gym Room
    Sauna
    Bike Storage
    Rec Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    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 Church - Toronto, 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.

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    9

    Listings For Sale

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    18

    Listings For Rent

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    5 St Joseph St, unit 222 for rent
    5 st joseph stBay Street Corridor
    Studio 1 Bath357 SQFT0 Parking
    Available Dec 15, 2024
    5 St Joseph St, unit 315 for rent
    $2,000/mth
    5 st joseph stBay Street CorridorUnit 315
    Studio 1 Bath406 SQFT0 Parking
    Available Dec 1, 2024
    No photo available
    $2,000/mth
    5 st joseph stBay Street CorridorUnit 417
    Studio 1 Bath454 SQFT0 Parking
    Available Jan 3, 2025
    5 St Joseph St, unit 1206 for rent
    $2,200/mth
    Price Cut: $150 (Nov 19)
    5 st joseph stBay Street CorridorUnit 1206
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available Nov 1, 2024
    5 St Joseph St, unit 1404 for rent
    $2,300/mth
    Price Cut: $350 (Nov 10)
    5 st joseph stBay Street CorridorUnit 1404
    1 Bed1 Bath658 SQFT0 Parking
    Available Sept 1, 2024
    5 St Joseph St, unit 1904 for rent
    5 st joseph stBay Street Corridor
    1 Bed1 Bath615 SQFT0 Parking
    Available Nov 19, 2024
    5 St Joseph St, unit 2906 for rent
    $2,350/mth
    5 st joseph stBay Street CorridorUnit 2906
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available Immediately
    5 St Joseph St, unit 706 for rent
    $2,350/mth
    Price Cut: $100 (Nov 4)
    5 st joseph stBay Street CorridorUnit 706
    1 Bed1 Bath500 - 599 SQFT0 Parking
    Available Oct 15, 2024
    5 St Joseph St, unit 604 for rent
    $2,400/mth
    Price Cut: $200 (Oct 30)
    5 st joseph stBay Street CorridorUnit 604
    1 Bed1 Bath615 SQFT0 Parking
    Available Oct 28, 2024
    5 St. Joseph St, unit 809 for rent
    $2,800/mth
    Price Cut: $100 (Oct 17)
    5 st. joseph stBay Street CorridorUnit 809
    1 Bed + 11 Bath654 SQFT0 Parking
    Available As Soon As Possible
    5 St Joseph St, unit 1111 for rent
    $2,800/mth
    5 st joseph stBay Street CorridorUnit 1111
    1 Bed + 11 Bath658 SQFT0 Parking
    Available Dec 20, 2024
    5 St Joseph St, unit 1402 for rent
    5 st joseph stBay Street Corridor
    1 Bed + 12 Baths718 SQFT0 Parking
    Available Jan 1, 2025
    5 St Joseph St, unit 611 for rent
    $2,900/mth
    5 st joseph stBay Street CorridorUnit 611
    1 Bed1 Bath700 SQFT0 Parking
    Available Immediately
    5 St Joseph St, unit 1011 for rent
    $2,950/mth
    5 st joseph stBay Street CorridorUnit 1011
    2 Beds1 Bath615 SQFT0 Parking
    Available To Be Arranged
    5 St Joseph St, unit 2808 for rent
    5 st joseph stBay Street Corridor
    1 Bed + 11 Bath700 - 799 SQFT0 Parking
    Available Nov 1, 2024
    5 St. Joseph St, unit 1705 for rent
    5 st. joseph stBay Street Corridor
    1 Bed + 12 Baths674 SQFT0 Parking
    Available Oct 11, 2024
    5 St. Joseph St, unit 2809 for rent
    $3,180/mth
    Price Cut: $320 (Aug 30)
    5 st. joseph stBay Street CorridorUnit 2809
    1 Bed + 11 Bath700 - 799 SQFT1 Parking
    Available Aug 26, 2024
    5 St Joseph St, unit 3010 for rent
    5 st joseph stBay Street Corridor
    2 Beds + 12 Baths800 - 899 SQFT1 Parking
    Available Immediately

    Explore Bay Street Corridor

    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.

    Similar condos

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    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%

    Maintenance Fees

    Five Condos vs The Bay Street Corridor Area

    Days on Strata

    Units at Five Condos spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    5.9
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    14th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    108
    Units were Rented over the past twelve months

    Best Value Rank

    Five Condos offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Five Condos has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Five Condos yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Five Condos is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 5 St Joseph Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$433,000$590,000 - $717,000$693,000 - $867,000$925,000$925,000 - $1,810,000
    Avg. Cost Per Sqft$1,071$1,107$1,133$1,235$1,137
    Avg. Wait for Unit Availability133 Days30 Days32 Days95 Days96 Days
    Ratio of Units in Building7%38%36%13%9%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor