Five Condos condo building exterior
High-Rise Condo

Five Condos

by 5 St.Joseph Development Ltd

5 St Joseph Street, Toronto, ON M4Y 0B6

Year Built

2016

Total Units

493

Avg $/sqft

$928

Storeys

45

Available Units in Five Condos

5

Units for sale

From $399,900

Photo of Unit 208, 5 st joseph Street
For Sale
Listed for:

Listed May 8, 2026

$399,900

Unit 208, 5 st joseph Street

Toronto (Bay Street Corridor), ON M4Y 0B6

0Bedrooms
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Sale

Photo of Unit 1605, 5 St Joseph Street
For SalePanoramic Views
Listed for:

Listed 2 days ago

$569,000

Unit 1605, 5 St Joseph Street

Toronto (Bay Street Corridor), ON M4Y 0B6

1 + 1Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 2605, 5 St. Joseph Street
For SaleCorner Unit
Listed for:

Listed 2 days ago

$599,000

Unit 2605, 5 St. Joseph Street

Toronto (Bay Street Corridor), ON M4Y 1J6

1 + 1Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 207, 5 St Joseph Street
For SaleRooftop TerracePanoramic Views
Listed for:

Listed 10 days ago

$699,900

Unit 207, 5 St Joseph Street

Toronto (Bay Street Corridor), ON M4Y 1J6

2Bedrooms
2Bathrooms
1Parking
800-899Sq Ft

Condo ApartmentFor Sale

8

Units for rent

From $250/mo

Photo of 5 St. Joseph Street
For Rent
Listed for:

Listed Aug 25, 2026

$250

5 St. Joseph Street

Toronto (Bay Street Corridor), ON M4Y 1J6

0Bedrooms
0Bathrooms
1Parking
—Sq Ft

Parking & LockerFor Rent

Photo of Unit 901, 5 St Joseph Street
For Rent
Listed for:

Listed 10 days ago

$2,370

Unit 901, 5 St Joseph Street

Toronto (Bay Street Corridor), ON M4Y 1J6

1Bedroom
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Rent

Photo of Unit 1304, 5 St Joseph Street
For RentRooftop TerraceCity View
Listed for:

Listed 1 day ago

$2,500

Unit 1304, 5 St Joseph Street

Toronto (Bay Street Corridor), ON M4Y 1J6

1 + 1Bedrooms
1Bathroom
0Parking
600-699Sq Ft

Condo ApartmentFor Rent

Photo of Unit 4806, 5 St Joseph Street
For RentPenthouse
Listed for:

Listed 7 days ago

$2,500

Unit 4806, 5 St Joseph Street

Toronto (Bay Street Corridor), ON M4Y 1J6

1Bedroom
1Bathroom
0Parking
600-699Sq Ft

Condo ApartmentFor Rent

Live MLS · Updated daily

Overview

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.

Developer

5 St.Joseph Development Ltd

Year Built

2016

Property Type

High-Rise Condo

Storeys

45

Total Units

493

Management

First Service Residential

Amenities

Underground Parking

Guest Suites

Fitness Centre

Sauna

Rooftop Garden

Visitor Parking

Party Room

24/7 Concierge

Price History

424 records
Loading history…

Market Stats

Prices in Five Condos are down 13.4% compared to last year.

$928

Avg $/sqft

-13.4%

YoY change

42

Avg days on market

Location & Walkability

Walk Score

99/100

Daily errands on foot

Transit Score

96/100

TTC, GO, subway access

Bike Score

74/100

Bike lanes & infrastructure

Neighbourhood in Toronto

Bay Street Corridor

urban walkable convenient

Bay Street Corridor is a vibrant neighbourhood in Toronto. It offers a mix of urban living with easy access to amenities.

Median sale price is $468,000 Only one condo for sale No rental listings available
Bay Street Corridor, Toronto — HOMEH neighbourhood guide

Toronto, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Affordable compared to city median
  • Great location for walking
  • Access to good schools

Keep in mind

  • Limited housing options for rent
  • Prices are lower than city median but still significant

The feel of the placeLifestyle

Daily life here is active and convenient, with many services nearby. Residents enjoy a lively city atmosphere.

Great for first-time buyers young professionals

Within the boundaryWhat's nearby

The boundary

1.8 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

46

Parks

9

Playgrounds

67

Transit stations

16

Grocery stores

180

Restaurants

131

Cafés

16

Gyms

7

Libraries

21

Pharmacies

Counted across all 1.8 km² of Bay Street Corridor. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

7.2/10

Average rating of the 1 rated school in this area

4

Elementary

5

Secondary

  • St Joseph's College School

    Catholic · Grades 9–12 · Toronto CDSB

    7.2/107.6 over 5 yrs

    178th of 742 Ontario secondary schools

    545 students · EQAO 2024-2025

  • Hospital for Sick Children - Eating

    Public · Grades 9–12 · Toronto DSB

    Not rated

  • Hospital for Sick Children - Medical EL

    Public · Grades JK–8 · Toronto DSB

    Not rated

  • Hospital for Sick Children-Substance Abu

    Public · Grades 9–12 · Toronto DSB

    Not rated

  • HSC Medical - SEC

    Public · Grades 9–12 · Toronto DSB

    Not rated

  • HSC Seizure Disorder

    Public · Grades K–8 · Toronto DSB

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Bay Street Corridor, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

30,479

Population (2021)

1.8 km²

Area

16,677

People per km²

32

Median age

$64,561

Median income

31%

Own their home

1.6

People per household

18,040

Households

Every age

  • Children (under 15)5.8%
  • Working age (15–64)84.2%
  • Seniors (65+)10.0%

What is built here

  • Low-rise apartments1.1%
  • High-rise apartments98.6%

Own or rent

31%Owners

69%Renters

Across 18,040 households

When it was built

Mostly 2016–2021

  • 1960 or earlier3%
  • 1961–198010%
  • 1981–199014%
  • 1991–200011%
  • 2001–20056%
  • 2006–201013%
  • 2011–201519%
  • 2016–202124%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

43.1%
Born outside Canada
69.4%
Hold a degree or higher
59.2%
Employment rate
22.5%
Commute by transit
22.3%
Commute by car
1.4
Children per family
$56,864
Median income after tax
$97,834
Average household income
27%
Living on a low income
$2,032/mo
Renters pay, per month
$1,910/mo
Owners pay, per month
$836,655
Median home value at census
58.8%
Renters spending 30%+ of income on housing
47.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 22 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)