Five Condos ext With its heritage facades, prime downtown location and 10,000-square feet of the amenity space, condo-hunters might not need any more convincing to check out FIVE Condos.

But the Graywood Developments and MOD Developments have come up with yet another reason to snap up a condo in the 48-storey tower.

For a limited time only, you can buy a home in FIVE Condos with just a 5 per cent initial deposit and another 5 per cent in the next 90 days. After that, you won’t have to pay another penny until closing. Consider how rare this incentive is: so many new condos require a minimum of a 15 per cent deposit before letting you sign.

Plus Schedule 1 bank is also offering a capped mortgage rate so you won’t have to worry about financial surprises down the road.

Located at 5 St. Joseph St., right off of Yonge, the 491-unit project promises the best of urban living. It’s situated right on the subway line and a stroll away from the shops of Yorkville and the office towers of the financial sector.

What helps FIVE Condos stand out is its commitment to comfort and convenience. Anything you might want within your building is there: a piano bar, dining room, billiards room, cocktail lounge with kitchen, TV lounge, party room, spa-like club rooms, cardio and weight-training studios, and 6,000 square feet of outdoor roof garden. And that’s just what you’ll find on the fifth floor!

Other  perks include a 24/7 concierge and a historic facade that is being preserved by restoration specialists ERA Architects. Hariri Pontarini designed the tower and Cecconi Simone is responsible for the luxe and functional interior spaces.

Currently under construction, buyers can choose between tower suites and the Heritage Lofts, which come with their own historic Yonge Street facade.

Available units start from $269,900 and range in size from 399 to 1,683-square feet.

Five Condos St. Joseph

For more information contact or 416 928 0555.

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