Toronto Condo News: 5 St Joseph, Five Condominiums: The Weir Team examines selling prices and property values for its first year
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:
If you’re ready to get serious about buying or selling a condo in the area, make sure to contact info@TheWeirTeam.ca for expert condo guidance.
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 Condominiums 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.
Since the building is new, there are only a few sale prices that have been published.
From time to time we will take into account average selling prices in the building. For now, here is good data to help The Weir Team continue to be go-to condo experts for buyer and sellers in downtown Toronto.
Here is some interesting data, provided by the Toronto Real Estate Board’s MLS system:
2015 – ten condos sold via Toronto MLS at 5 St Joseph Five Condominium
2015 – one bedroom, no locker, no parking, west view, middle floors ($370,200)
2015 – one bedroom, no locker, no parking, east view, middle floors ($392,500)
2015 – one bedroom, with locker, no parking, south view, upper floor ($430,000)
2015 – one bedroom plus den, with locker, no parking, middle floors ($417,000)
2015 – one bedroom plus den, no locker, no parking, higher floor, north view ($420,900)
2015 – one bedroom plus den, no locker, with parking, high floor, south west view ($520,000)
2015 – one bedroom plus den, no locker, with parking, 2 full bathrooms, 718 sq ft, lower floor, southeast view ($580,000)
2015 – 2 bedrooms, with locker, with parking, higher floor, west view, 769 sq ft ($610,000)
For further details on property values of any 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