223-5 St. Joseph Street, Toronto, ON
Bay Street Corridor, Toronto · MLS® C13569788
About this home
This one truly stands apart. Recognizing the rarity of this opportunity during the pre-construction phase, the original and current owner chose to become part of the award-winning FIVE Condos development, captivated by the meticulous restoration of 19th century commercial structures on Yonge St. Nestled within a heritage portion of the building, this exceptional two-storey loft offers an intimate boutique lifestyle with just 14 units, its own private entrance, and full access to the concierge and premium amenities at 5 St. Joseph St. Rich in character and thoughtfully customized throughout, the loft showcases expansive and functional double hung windows, designed to compliment the building's historic architecture, exposed brick, soaring cathedral ceilings in the living room, 5" reclaimed hemlock barn board engineered flooring. Custom walnut cabinetry on the main level is complemented by a natural quartz bar top with LED under-lighting, while the kitchen features granite countertops and integrated appliances. Dimmable LED accent lighting highlights the exposed brick throughout, a striking Artemide architectural uplight serves as a dramatic focal point beneath the soaring ceilings. Saunter up the natural stained oak staircase to the upper-level bedroom, where the heritage character continues with exposed brick, matching reclaimed flooring, custom designed white oak cabinetry with integrated drawers, closet featuring LED hanger bar lighting and a remote-controlled custom bedroom blackout shade for added comfort. Perfectly positioned in the heart of the Bay St Corridor, St. Joseph St. offers a unique blend of historic charm and urban convenience. A short 2 min walk to the subway, Bloor St., Yorkville, shops, restaurants and cultural attractions all just moments away. This is a must see!
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- C13569788
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- St. Joseph and Yonge St.
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $594/mo
- Exposure
- East
- Property tax
- $3,137 / 2026
- Days on market
- 2
- Listing brokerage
- SKYBOUND REALTY
Rooms
hardwood floor · closet · closet organizers
hardwood floor · b/i appliances · custom counter
hardwood floor · cathedral ceiling(s) · large window
Listed at $649,000, this home is tracking about 25% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,181/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 79 similar homes nearby, adjusted for size, beds, and baths.Median of 79 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $544K, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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, listed at $509K
- Bedrooms −$30K
- Adjusts to $479K
That comparable adjusts to $479K; the $518K estimate above is the median of all 79 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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.
On location, this is a very walkable address with everyday errands close by. Yonge St at Gloucester St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $518K, median of 79 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Worth verifying
- 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 5% above the area average of $1,123/sqft.
1 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.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Yonge St at Gloucester St, about 84 m away
Within a 15-minute (1.5 km) walk.
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 18, 2026); conventional rates run a little higher.
Mortgage amount $519,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,771
- Property tax
- $261
- Condo / maintenance fees
- $594
- Heating
- $0
- Estimated monthly cost
- $3,626
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,455
- Toronto municipal land transfer tax
- $9,455
- Estimated closing costs
- $18,910
Plus your down payment of $129,800. 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
- $166,239
- Principal paid down
- $66,120
- Interest paid
- $100,118
- Balance remaining
- $453,080
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 SKYBOUND REALTY. MLS®/PropTx.