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June 28, 2010

FIVE Condos at 5 St. Joseph opened this past weekend and is already two thirds sold!

A fantastic location in the strategic hub of many of Toronto’s most exciting amenities, outstanding architecture, and sophisticated interiors with cool indoor amenities is a winning combination at this sought after downtown address.

FIVE is the first condominium by Five St. Joseph Developments Ltd. – a joint venture between Graywood Developments Ltd. and the newly formed MOD Developments Inc.

MOD is led by industry veteran Gary Switzer, the former head of high-rise development at Great Gulf Homes who spearheaded several award-winning landmark condominiums in the city, and Graywood is the renowned developer of The Ritz Carlton, Toronto.

Switzer, President and CEO of Mod Developments at Barbara Lawlor, President of Baker Real Estate (standing) review the brochure with excited purchaser David Gomez and Tina Amato, Vice President of Baker Real Estate

“We are pleased with how enthusiastically the home-buying public has received FIVE, and we are delighted with its immediate success,” said Graywood’s Chief Operating Officer, Stephen Price. “Along with MOD, we are proud that FIVE is leading the rejuvenation of the Yonge Street area south of Bloor by offering something new while honoring the past.”

Rising to 45 storeys of glass punctuated by an undulating pattern of balconies, FIVE’s contemporary exterior design by Hariri Pontarini Architects incorporates components of the existing heritage architecture. The tower’s podium includes several small shops that have lined Yonge Street since the 1880s and are undergoing a restoration by ERA Architects to house new retail venues. Plus, ERA is restoring a four-storey 1905 Gothic Revival warehouse façade on historic tree-lined St. Joseph Street that will become the condominium’s entry. The top of the podium will include a roof garden designed by Janet Rosenberg and Associates.

Five Condos scale model – a blend of the old and new and is sure to be a landmark in this busy neighbourhood

Interiors by Cecconi Simone Inc. encompass amenities that speak to the edgy sophistication of the urban professionals and entrepreneurs buying here. “FIVE ON FIVE” offers the complete package for fitness and fun, and “THE GARDEN ON TWO” is a tempting urban escape.

Choices range from heritage lofts to tower suites, with studios, one-bedroom, one-bedroom + den, two-bedroom and two-bedroom + den layouts, in sizes from 400 to 1,400 sq. ft. Prices start from the mid-$200s.

Busy as a bee at Five Condos

The Cecconi Simone-designed sales centre and model suite are located within the historic warehouse at 5 St. Joseph Street, just west of Yonge. Sales centre is open Monday to Thursday from noon to 6, weekends noon to 5, closed Fridays and holidays.

Looking for more information on this condo?

Check FIVE Condos, HERE.
Check their website,
HERE.

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