Five Condos At 5 St. Joseph Makes The Grade

Toronto’s most extensive historical restoration hits ground level

FIVE Condos at 5 St. Joseph has hit the ground!

 

At the corner of Yonge Street and St. Joseph Street in the heart of downtown Toronto, FIVE Condos at 5 St. Joseph is already breathing new life into the neighbourhood. Massive, futuristic-looking scaffold supports the entire historic north wall, once part of an early 20th-century Gothic Revival warehouse that will become the community’s main entrance. An 1880s’ façade right on Yonge Street will undergo meticulous restoration before fronting unique, two-storey heritage lofts and retail space with confirmed tenant RBC.  Around the corner, a reconstructed St. Nicholas Street frontage with an unexpectedly quaint, cobbled lane will also get some very contemporary retail tenants.  It all makes FIVE one of Toronto’s most extensive and noteworthy historical restorations — ever.

FIVE has reached grade now, which is a huge milestone and testament to the community’s enormous success with buyers. With the promise of better weather luring hibernating urbanites out into the streets once again, FIVE is about to provide some very interesting viewing: next comes the rise of the podium complete with rooftop garden terrace. Once the podium is complete, the huge steel bracing that makes the whole corner look like modern art will come down, and the 48-storey tower will begin to rise.

Such visible, vibrant progress is always exciting, but with a project of this size and scope, its impact is simply stunning. Where a hole in the ground once signified the possibility of something interesting afoot, now a full-blown new community is clearly on the way. The symbolic timing couldn’t be more auspicious — as spring breathes new life into frozen ground, coaxing up flowers and bright new grass, FIVE’s history-making combination of contemporary lifestyle, historic elements, and perfect urban location will quickly emerge and become real to its savvy new residents.

FIVE is the result of the collaboration of some of the GTA’s most preeminent developers, architects, designers and craftspeople: Graywood Developments Ltd. and MOD Developments Inc. brought together Hariri Pontarini Architects, historical restoration specialists ERA Architects, and interior designers Cecconi Simone, for a powerhouse team that is revolutionizing this unparalleled location at the crossroads of the city. Suites at FIVE Condos at 5 St. Joseph range from 399 to 1,483 square feet, with prices from $269,900.

This beautiful, unique community was named by BILD as Project of the Year in 2011. See the progress for yourself — visit the sales centre at the corner of Yonge and St. Joseph Monday to Thursday noon – 6, weekends noon - 5. Call 416-928-0555 or visit www.fivecondos.com.