Five Condos is a 48-storey high-rise residential tower completed in 2016, with 538 units in total. The building was developed by Graywood Developments and MOD Developments and serves a broad range of residents, from first-time buyers to investors. Current listings show an average unit size of around 550 square feet, with mostly one-bedroom configurations. The building is pet-friendly and includes a full suite of amenities: a concierge desk, exercise room and gym with sauna, media room, recreation room, meeting room, outdoor patio with BBQ area, and a parking garage. These facilities make it attractive for residents seeking urban living with building-level support and recreational options.

Five Condos sits on Bay Street in Toronto's Financial District, one of the most connected and walkable areas in the city. The location puts you steps from King West's dining and entertainment scene, historic St. Lawrence Market, and the charming Distillery District. Transit access is excellent, with streetcar lines running directly on Bay and nearby subway access at Bloor-Yonge. The neighbourhood is dominated by young professionals and downtown workers who value proximity to employment and urban amenities. Walk scores are high, meaning most daily needs are within a 10-minute walk. The St. Lawrence neighbourhood to the east offers a more residential feel, while the financial towers and Harbour Street waterfront are immediately accessible to the south.

The building attracts a mix of owner-occupants and investors, with unit sizes averaging around 550 square feet making it ideal for singles and couples rather than families. Current listings show a mix of one-bedroom and bachelor units, though the building's 538-unit size means some variation exists across price points. Before committing, ask about parking costs, as availability is included but fees vary. Pet owners should confirm specific breed or size restrictions despite the pet-friendly policy. Renters typically pay around $2,400 per month for units in the building. Consider the high-rise urban lifestyle: noise from street activity, building-dependent amenities rather than neighbourhood green space, and the fast-paced downtown environment. Proximity to work, dining, and transit often justifies the premium over suburban alternatives for the right buyer or renter.