Maintenance Fees
Five Condos vs The Bay Street Corridor Area
3405 - 5 St Joseph St
For SaleFive Condos
4.7
9 Days on Strata
$818,800
1 Bed + 1
2 Bath
1 Parking
674 SQFT
Listing History
2025 - Mar 24
for sale$818,800
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$671/mth
Taxes:
$3,941 (2024)
Cost Per Sqft:
$1,215/sqft
Locker:
None
Outdoor Space:
Balcony
Exposure:
South West
Possession Date:
April 8, 2025
Laundry:
Main
About this Listing
This stunning apartment is situated in the vibrant heart of downtown Toronto, providing unbeatable convenience with easy access to public transportation and being just steps away from the University of Toronto. The open-concept corner unit features soaring 9-foot ceilings and a desirable southwest-facing orientation, offering breathtaking views. The den is equipped with a sliding door that opens to a private balcony, while the floor-to-ceiling windows flood the space with an abundance of natural light. The modern kitchen is complete with a central island, perfect for both cooking and entertaining. The location is second to none just a short walk to two subway stations, Wellesley Station and Museum Station, as well as the renowned Eaton Centre, the University of Toronto, and a variety of shops and dining options.
aimhome realty inc.MLS® #C12037613
Features
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- No Data
- Heating
- Forced Air
Amenities
Rooftop Deck
Indoor Parking
Guest Suites
Games Room
Visitor Parking
Party Room
Rec Room
BBQs Allowed
Media Room
Bike Storage
Sauna
Concierge
Gym Room
Room Dimensions
Foyer
Laminate, Closet, Halogen Lighting
12.01 x 4.3ft
Living
Laminate, Window, Sw View
14.99 x 10.6ft
Kitchen
Wood Floor, Combined with Living, Open Concept
14.99 x 5.61ft
Buyer's Market
Balanced
Seller's Market
4.7
Building Spotlight
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Explore Bay Street Corridor
Commute Calculator
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
9/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
15,057
Average Individual Income
$63,504
Average Household Size
3 persons
Average Age
43
Average Household Income
$103,909
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
45%
Semi Detached
23%
Detached
21%
Low Rise Apartment
6%
Duplex
2%
Marital Status
Commute
Languages (Primary Language)
Other
74%
Mandarin
13%
Cantonese
7%
Tagalog
2%
Telugu
1%
Arabic
1%
Hindi
1%
Spanish
1%
Education
University and Above
46%
High School
20%
College
15%
None
12%
Apprenticeship
2%
University Below Batchelor
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
20%
Health & Related Fields
11%
Social Sciences
11%
Math & Computer Sciences
10%
Humanities
6%
Physical Sciences
5%
Education
3%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Building Trends At Five Condos
Days on Strata
Units at Five Condos spend an average of
39
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
3%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Bay Street Corridor
Turnover of Units
On average, each unit is owned for
6
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
10th
Highest price per SQFT out of 45 condos in the Bay Street Corridor area
Sold Units
13
Units were Sold over the past twelve months
Rented Units
119
Units were Rented over the past twelve months
Best Value Rank
Five Condos offers the best value out of 45 condos in the Bay Street Corridor neighbourhood
?
Appreciation Rank
Five Condos has the highest ROI out of 45 condos in the Bay Street Corridor neighbourhood
?
Rental Yield
Five Condos yields the highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood
?
High Demand
Five Condos is the most popular building out of 45 condos in the Bay Street Corridor neighbourhood
?
Market Insights
Transaction Insights at Five Condos
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | $433,000 | $717,000 | $693,000 - $820,000 | No Data | $925,000 - $1,810,000 |
| Avg. Cost Per Sqft | $1,069 | $1,168 | $1,117 | No Data | $1,109 |
| Price Range | $1,800 - $2,200 | $2,150 - $2,800 | $1,500 - $3,850 | $2,990 - $3,950 | $1,700 - $3,900 |
| Avg. Wait for Unit Availability | 133 Days | 29 Days | 34 Days | 95 Days | 96 Days |
| Avg. Wait for Unit Availability | 46 Days | 7 Days | 11 Days | 24 Days | 38 Days |
| Ratio of Units in Building | 7% | 40% | 34% | 12% | 9% |
Market Inventory
Total number of units listed and sold in Bay Street Corridor
