5 St Joseph St
The condo buying and selling pros at The Weir Team have long been the go-to condo experts in downtown Toronto by many folks. Cameron Weir and Scott Hanton love helping condo owners net maximum profits thanks to our tailor made Gold Package service. It delivers amazing results.
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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.
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.
From time to time we will take into actual 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:
In May 2016, six condo suites at Five Condominium were sold via Toronto’s MLS system.
On a very low floor, a bachelor or studio suite was sold for $300,000. This unit was less than 500 sq ft and faced west. The sale did not include a locker nor a parking spot.
On a high floor at 5 St Joseph Street, a one bedroom suite was sold for $399,000. This unit faced west and came with a monthly condo maintenance fee of $250.00.
On a lower floor at Five Condos, a one bedroom suite sold for $405,000. This unit was about 615 square feet and faced south. No parking and no locker were included.
On a very high floor, a one bedroom west facing unit was sold for $445,000. This selling price did not include a locker nor a parking spot.
Near the bottom of the 5 St Joseph condo tower, a one bedroom suite with locker sold for $467,900. This unit was about 650 square feet.
Near the top of Five Condos, a one bedroom plus den suite sold for $590,000. This unit featured 10 foot ceilings and was more than 700 square feet on the northwest corner.
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