5 St. Joseph St 4405
Bay Street Corridor, Downtown Toronto, M4Y 0B6
FOR SALE
$649,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS4
ROOMSC9349497
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Property Description
This apartment is located in the heart of downtown Toronto, offering exceptional convenience with easy access to transportation and just steps away from the University of Toronto. This is a unique corner unit with 9-foot ceilings, facing southwest with an unobstructed, breathtaking view. To the west, you can see the towering CN Tower, and to the south, the bustling metropolis of Toronto, along with lush parks and the university campus. The interior space is 674 square feet (excluding the balcony), featuring a spacious master bedroom and a well-lit den, which is large enough to serve as a second bedroom (with a door, window, and plenty of natural light). The open-concept kitchen and living room come equipped with high-end appliances and built-in cabinetry, combining style and comfort. This is truly the urban lifestyle of your dreams!
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Nearby Intersections
Yonge & Bloor (468)
Bay & Wellesley (206)
Bloor & Avenue (371)
Yonge & Wellesley (232)
Bay & Bloor (485)
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,791 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 7.02' x 15.42' | Open Concept, Window |
| Kitchen | Ground | 10.66' x 15.42' | Open Concept, Combined W/Living, Eat-In Kitchen |
| Prim Bdrm | Ground | 8.10' x 11.71' | Ensuite Bath, Closet, West View |
| Den | Ground | 6.00' x 9.02' | W/O To Balcony, Sliding Doors, West View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
5 St. Joseph St 4405 is a 1-bedroom 2-bathroom condo listed for sale at $649,000, which is $82,923 (14.6%) higher than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Nu Stream Realty (Toronto) Inc.
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