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    Toronto / Bay Street Corridor

    1609 - 5 St Joseph St

    $2,6001 bd1 ba0 pk674 sqft
    For RentFive Condos
    4.7
    4 Days on Strata
    Est Lease Timeframe:
    18 Days
    $2,600/mth
    Price Cut: $2,700
    1 Bed + 1
    1 Bath
    0 Parking
    674 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Possession Date:

    May 1, 2025

    Lease Term:

    1 Year

    Utilities Included:

    No

    Outdoor Space:

    Balcony

    Furnished:

    No

    Exposure:

    North

    Locker:

    None

    Laundry:

    Main

    Amenities

    Rooftop Deck
    Indoor Parking
    Guest Suites
    Rec Room
    Party Room
    Concierge
    Visitor Parking
    Media Room
    Gym
    Sauna
    Bike Storage
    BBQs Allowed
    Games Room

    About this Listing

    Steps To Yonge And Wellesley Subway Station, High Ceiling, One Plus Den With Balcony. Fitness, Steam Room, Piano Bar, Cocktail Lounge, Party Room & Roof Garden. Walking Distance To Shops, Fine Dining, Subway, University Of Toronto, Library, And Much More To Have Peace Of Mind.

    ExtrasStainless Steel B/I Fridge, Stove, B/I Microwave, Oven, Ensuite Washer/Dryer

    real world realty inc.MLS® #C12079485

    Fees & Utilities

    Utilities Included

    Rent Includes
    None
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Laminate, Walkout To Balcony, Open Concept

    12.7 x 11.09ft

    Dining

    Laminate, Open Concept, Combined with Kitchen

    11.58 x 11.42ft

    Kitchen

    Laminate, Combined with Dining, Modern Kitchen

    11.58 x 11.42ft

    Bedroom

    Laminate, 4 Piece Ensuite, Large Closet

    12.6 x 8.1ft

    Den

    Laminate

    6 x 5.32ft
    Renter's Market
    Balanced
    Landlord's Market

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    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.

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    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    121
    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

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    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 Availability46 Days7 Days11 Days24 Days38 Days
    Ratio of Units in Building7%40%34%12%9%

    Market Inventory

    Total number of units listed and leased in Bay Street Corridor