2605-5 St. Joseph St
Bay Street Corridor, Toronto, Ontario M4Y 1J6
- Bedrooms
- 1+1
- Bathrooms
- 2
- Size
- 600–699sq ft
- Per sq ft
- $922at the range’s middle
- Tax a year
- $3,5972025 tax year
- Parking
- 0underground
- Days on market
- Members
The brief
About 2605-5 St. Joseph St
2605-5 St. Joseph St is a 1+1-bedroom, 2-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $599,000 (MLS® C13988092).
Welcome to Five Condos, where luxury, convenience, and location come together in the heart of downtown Toronto. This bright and spacious corner suite offers 1 bedroom plus a separate den, featuring a highly functional layout, 9-foot ceilings, and floor-to-ceiling windows that flood the space with natural light.Enjoy southwest views from the large private balcony, a modern kitchen complete with an island and dining area, a full bathroom plus a convenient powder room, and a versatile den with enclosed sliding doors-perfect for a home office or guest space.Ideally situated just steps from Wellesley Subway Station and within walking distance to Yorkville, the Mink Mile, College Park, Dundas Square, and some of the city's best shopping, dining, and entertainment. Minutes from the University of Toronto, Toronto Metropolitan University, and major hospitals, this is an exceptional opportunity to experience the best of downtown living.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall43/100−$608/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 106 condos with 2 bedrooms for lease in Bay Street Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,597 / 2025
- MLS® number
- C13988092
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Bay Street Corridor
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc, 1 × 2pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove, Dishwasher, Washer & Dryer, Microwave, elfs
- Condo maint.
- $575
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 2605-5 St. Joseph St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $599,000 | N/A | For Sale | C13988092 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $119,800
- Total mortgage amount
- $479,200
- Total interest payment
- $340,700
- Total purchase cost
- $939,700
- Mortgage payment
- $2,733/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
38%Monthly carrying cost
$3,608- Rent $3,000
- Shortfall $608
Rental income opens at $3,000, the median asking rent of 106 comparable homes for lease in Bay Street Corridor. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $8,455
- Toronto municipal land transfer tax
- $8,455
- Total land transfer tax
- $16,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $8,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $599,000
- $3,980
- Ontario total
- $8,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m103 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.8 m below ground nearbyThe middle water level in the well records within 500 m (556 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 112 building permits issued within 250 m in the last 2 years250 m
- 68 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 3.5 km3.5 km
- Mapped parcel: about 15,600 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 910 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- On the Heritage Register — Part IV, by-law 177-97
- In the Historic Yonge Street Heritage Conservation District, by-law 235-2016
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
14 building permits cleared at this address in the City’s file.
Interior AlterationsPermit Issued
Proposal for store front modification as per approved building pert 11-101197 NB
Issued May 22, 2020
Sign Building Permit RelatedCancelled
To erect and display one illuminated projecting sign.****THE WICKSON SOCIAL****
Completed October 20, 2022
Sign Building Permit RelatedCancelled
In conjunction with a three storey building on the premises, proposal to erect and display one static illuminated projecting sign. Erected at the first storey of the north elevation of the building. Measuring 0.91m by 0.91m at the height of 4.57m.**THE ALLEY**
Completed November 4, 2021
Sign Building Permit RelatedCancelled
In conjunction with a multi-storey building on the premises, proposal to erect and display one non-illuminated wall sign, displaying static copy, located on the first storey of the north elevation. The proposed sign is 1.22 metres vertically by 0.76 metre horizontally at a height of 3.62 metres above grade.**THE ALLEY TIME FOR TEA**
Issued December 4, 2017
Building Permit Related(MS)Closed
HVAC - Proposal for interior alterations for a new tea shop to vacant commercial space in new condo building. Designed for occupant load of 7 customers + 2 staff. Unit R6. "Bubble Tea"
Issued June 1, 2017
Building Permit Related(PS)Inspection
Plumbing - Proposal for interior alterations for a new tea shop to vacant commercial space in new condo building. Designed for occupant load of 7 customers + 2 staff. Unit R6. "Bubble Tea"
Issued May 31, 2017
Interior AlterationsClosed
Proposal for interior alterations for a new tea shop to vacant commercial space in new condo building. Designed for occupant load of 7 customers + 2 staff. Unit R6. "Bubble Tea"
Issued May 23, 2017
New BuildingCancelled
Revision to rooftop mechanical penthouse (west elevation fire rating deleted)
Completed March 31, 2026
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
4 IRWIN AVESite planUnder Review
Site Plan Approval for a 75-storey mixed-use building that contains a total of 548 dwelling units and a total gross floor area (GFA) of approximately 44,565 square metres, including approximately 44,065 squares metres of residential space and approximately 500 square metres of retail/commercial space, resulting in an overall density of 33.0 FSI.
100 m away646 YONGE STSite planUnder Review
Site Plan Approval for a 75-storey mixed-use building that contains a total of 548 dwelling units and a total gross floor area (GFA) of approximately 44,565 square metres, including approximately 44,065 squares metres of residential space and approximately 500 square metres of retail/commercial space, resulting in an overall density of 33.0 FSI.
100 m away2 IRWIN AVESite planUnder Review
Site Plan Approval for a 75-storey mixed-use building that contains a total of 548 dwelling units and a total gross floor area (GFA) of approximately 44,565 square metres, including approximately 44,065 squares metres of residential space and approximately 500 square metres of retail/commercial space, resulting in an overall density of 33.0 FSI.
110 m away650 YONGE STSite planUnder Review
Site Plan Approval for a 75-storey mixed-use building that contains a total of 548 dwelling units and a total gross floor area (GFA) of approximately 44,565 square metres, including approximately 44,065 squares metres of residential space and approximately 500 square metres of retail/commercial space, resulting in an overall density of 33.0 FSI.
110 m away654 YONGE STSite planUnder Review
Site Plan Approval for a 75-storey mixed-use building that contains a total of 548 dwelling units and a total gross floor area (GFA) of approximately 44,565 square metres, including approximately 44,065 squares metres of residential space and approximately 500 square metres of retail/commercial space, resulting in an overall density of 33.0 FSI.
120 m away656 YONGE STSite planUnder Review
Site Plan Approval for a 75-storey mixed-use building that contains a total of 548 dwelling units and a total gross floor area (GFA) of approximately 44,565 square metres, including approximately 44,065 squares metres of residential space and approximately 500 square metres of retail/commercial space, resulting in an overall density of 33.0 FSI.
120 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Bay Street Corridor right now
- For sale now
- 178
- Median asking price
- $654K
- New in 7 days
- 22
- Price cuts
- 20%
Middle half: $521K to $897K
71 in 28 days
36 listings
This home is asking 8% below the median.
See all homes in Bay Street CorridorAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Wellesley Station | TTC subway: Line 1 Yonge-University | 200 m |
| Bloor-Yonge Station | TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth | 600 m |
| College Station | TTC subway: Line 1 Yonge-University | 600 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 2.3 km |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 4.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Church Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 550 m | 72%Grade 6 average |
| Our Lady of Lourdes Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 900 m | 66%Grade 6 average |
| Jesse Ketchum Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 1 km | 89%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.5 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Joseph's College SchoolToronto CDSB | Catholic · grades 9–12 | 300 m | 66%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 550 m | — |
| Jarvis Collegiate InstituteToronto DSB | Public · grades 9–12 | 700 m | 34%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 750 m | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Bay Street Corridor are shown to signed-in members.