3905-5 St. Joseph Street, Toronto, ON
Bay Street Corridor, Toronto · MLS® C13543688
About this home
Stunning High-Floor Suite in the Heart of Downtown Toronto! Bright and spacious southwest corner suite featuring 1 Bedroom + Den and 1.5 Bathrooms. The enclosed den, complete with windows and a swing door, can comfortably serve as a second bedroom.Modern kitchen with quality finishes, open-concept living and dining area, and floor-to-ceiling windows that fill the space with natural light.Enjoy premium building amenities and an unbeatable location just steps to Wellesley Subway, U of T, Toronto Metropolitan University, hospitals, Yorkville, restaurants, shopping, and more. Perfect for end-users or investors seeking exceptional downtown convenience.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13543688
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 600-699
- Cross streets
- Yonge/Wellesley
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $668/mo
- Exposure
- South West
- Property tax
- $4,155 / 2025
- Days on market
- 13
- Listing brokerage
- RIFE REALTY
Rooms
swing doors · window · balcony
closet · hardwood floor
combined w/dining · hardwood floor · sw view
combined w/living · open concept
centre island · b/i appliances · open concept
Listed at $720,000, this home is about 24% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Bay Street Corridor lately, sellers have been getting about 96% of asking and homes sell in about 33 days.
Based on 97 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 97 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $728K, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $500K
- Bathrooms +$15K
- Adjusts to $515K
That comparable adjusts to $515K; the $579K estimate above is the median of all 97 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $579K, median of 97 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Open-concept layout: modern, sought-after flow. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 16% above the area average of $954/sqft.
12 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Bay Street Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $576,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,074
- Property tax
- $346
- Condo / maintenance fees
- $668
- Heating
- $0
- Estimated monthly cost
- $4,088
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,875
- Toronto municipal land transfer tax
- $10,875
- Estimated closing costs
- $21,750
Plus your down payment of $144,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $184,425
- Principal paid down
- $73,354
- Interest paid
- $111,071
- Balance remaining
- $502,646
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIFE REALTY. MLS®/PropTx.