Five Condos

1 - About Five Condos

• Address: 5 St Joseph St, Toronto
• Neighbourhood: Bay Street Corridor, Downtown
• Storeys: 48
• Units: 538
• Built Year: 2016
• Builder: Graywood Developments & MOD Developments Inc.
• Building Type: High-Rise Condo (Heritage Conversion)
• Suite Sizes: 323 sqft - 1683 sqft
• Average Price: $961 / sq. ft.

2 - Overview of Five Condos

Five Condos represents a sophisticated adaptive reuse project that seamlessly integrates a 48-storey glass tower with carefully restored heritage structures dating from the late 19th and early 20th centuries. The base incorporates a beautifully preserved 1905 Gothic Revival brick warehouse, with an elegant arched central bay within the historic masonry serving as the primary residential entrance.

The construction process involved an impressive façade retention program where the five-storey heritage structure was suspended in mid-air during development. This engineering feat allowed for the preservation of the original St. Joseph Street streetscape while the new tower foundation and core were established behind the historic facade.

The architectural design creates a striking contrast between the textured Victorian masonry of the podium and the sleek contemporary glass of the tower above. This thoughtful juxtaposition produces a distinctive silhouette within the Bay Street Corridor, honouring the neighbourhood's heritage while embracing modern urban living.

3 - Suite Sizes & Value

Residential units at Five Condos range from efficient 323 square foot studios to spacious 1,683 square foot executive suites. The interiors showcase open layouts and floor-to-ceiling windows designed to maximize natural light and capture expansive city views.

The average price of $961 per square foot reflects the building's status as a premium downtown address. This pricing structure supports the building's high-quality finishes and prime location. The diverse range of suite sizes accommodates various lifestyle needs, from compact urban retreats for busy professionals to larger multi-bedroom layouts suitable for families and those who entertain frequently.

4 - Building Amenities & Features

• Amenity Centre: A comprehensive 10,000 square foot facility dedicated to resident use
• Roof Garden: An expansive 6,000 square foot outdoor space designed for social gatherings and relaxation
• Fitness & Wellness: Full-service gym, steam room, and thermal pools for year-round wellness
• Social Spaces: Thoughtfully designed lounge, party room, billiards room, and media room for entertaining
• Executive Facilities: Professional-grade private boardroom and library for business needs
• Services: 24-hour concierge service and an outdoor terrace for residents
• Retail: Integrated retail spaces at street level, enhancing the building's urban connectivity

5 - Location Highlights

• Primary Intersection: Yonge Street and St. Joseph Street, placing residents at the heart of downtown
• Yorkville: Just steps from Toronto's premier shopping and dining district
• Institutional Proximity: Immediate access to the University of Toronto's St. George Campus
• Financial District: Short commute to the city's commercial and business core
• Connectivity: Positioned on a major thoroughfare with exceptional pedestrian access and transit options

6 - Lifestyle Near Five Condos

The neighbourhood surrounding Five Condos blends historic commercial architecture with the dynamic energy of downtown Toronto. This location is particularly well-suited for professionals and academics who value proximity to both the business district and prestigious educational institutions.

The area offers exceptional walkability, featuring an appealing mix of heritage retail establishments and contemporary urban conveniences. The surrounding streets support an active pedestrian culture, with residents enjoying easy access to major commercial arteries, cultural attractions, and the diverse amenities that define downtown living.

7 - About the Developer

Graywood Developments and MOD Developments Inc. joined forces to create this award-winning project, which earned the prestigious 2011 BILD Condo of the Year Award. This recognition speaks to the exceptional quality and innovation demonstrated in the building's design and execution.

Graywood Developments has established a strong reputation for delivering high-quality residential projects throughout the Greater Toronto Area. The company is known for its collaborative approach, working closely with skilled architects and craftspeople to execute complex urban redevelopment projects that respect heritage while embracing contemporary design principles.