Prices at Five Condos in downtown Toronto
The pros at The Weir Team have long been the go-to condo experts in downtown Toronto by many buyers and sellers. Cameron Weir and Scott Hanton love helping condo owners net maximum profits thanks to our tailor made Gold Package service. It delivers amazing results.
Along with helping so many wonderful condo buyers, check out all of the condos we’ve recently sold in the area:
And click HERE to see all of the latest condos the Cameron Weir and Scott Hanton have sold.
It’s our main goal to deliver amazing results and a rewarding experience for all of our condo buyers and sellers in downtown Toronto.
There is so much going on along the Yonge Street strip and we love being a part of it.
One of the many exciting condo projects is Five Condominium at 5 St Joseph Street, conveniently located between Yonge Street and Bay Street and a short walk to the subway station.
Heritage architect Michael McClelland feels that Five Condos at 5 St. Joseph will set a new standard for future development along the bustling Yonge Street strip.
Part of what makes this space unique is that it is preserving a stretch of 19th century buildings on Yonge Street, plus the 1905 gothic revival brick face of an old warehouse on St Joseph Street.
Five Condos will combine five brick buildings along Yonge that date back to the 1870s. The refurbished structures will house new stores, and will be home to 14 residential units on the second and third floors.
Five Condos’ inclusion of heritage elements has given it a competitive edge, helping the building to stand out in Toronto’s very crowded condo market.
Five Condos is home to suites that range from 600 sq. ft. one-bedrooms to 1,700 sq. ft. two bedroom + penthouses, and ranging from $400,000 to $1.3 million. And most of them sold quickly.
Completed in 2015, Five Condos boasts 539 suites on 48 floors, many with spectacular views of Toronto.
This beautiful addition to the Toronto skyline is full of amenities for owners and residents including: community barbecues, concierge, fitness facilities, games room, garden, multimedia room, music room, events room, sauna, security system and steam room.
Here is the sales data, provided by the Toronto Real Estate Board’s MLS system:
In January 2016, 10 suites were sold via Toronto’s MLS system.
3 one bedroom suites sold, higher up the tower for an average sale price of $401,500.
A one bedroom plus den suite sold higher up the tower, with no locker but one parking spot for $520,000. The suite was approximately 674 square feet.
A 2 bedroom, 2 bathroom suite also sold on a higher floor for $589,900. However it did not come with a parking spot nor a storage locker.
A 718 sq ft one bedroom plus den suite sold for $580,000. This suite included parking and locker and was on a middle floor.
Another one bedroom plus den suite sold for $586,000 on a higher floor. This suite was south east facing and included one parking spot but no locker.
A 2 bedroom plus den suite sold for $585,000 on a low floor. Under 900 sq ft, this unit included a parking spot and storage locker.
Also a 2 bedroom suite on a very high floor sold for $690,000. This suite was north east facing and included a parking spot and locker and was approximately $823 square feet.
For further details on property values of any particular suite at Five Condos, 5 St Joseph Street, contact The Weir Team today. We have a very long list of happy clients who are all glad they got it touch with Cameron and Scott.
Written by Scott Hanton, real estate Broker for The Weir Team. Contact Scott at Scott@TheWeirTeam.ca