Alex Karczewski, Broker · New World 2000 Realty Inc.

Newly completed Jun 2025Condo

Line 5 Condos - South Tower

117 Broadway Avenue, Toronto

Not rent controlled

Your rent at Line 5 Condos - South Tower is not capped. The building's first tenants moved in Jun 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.

First occupancyJun 2025
Storeys33
Units423
Suite sizes353–764 sq ft
DeveloperReserve Properties and Westdale Properties

The building

The building

Set at 117 Broadway Avenue in Old Toronto, Line 5 Condos - South Tower is a 33-storey high-rise from Reserve Properties and Westdale Properties. The building holds 423 suites and has reached completion.

Amenities

Amenities

This part of Old Toronto sits within the city's midtown, an established area known for its walkable streets, local shops, and everyday conveniences within easy reach. Residents are close to the restaurants, cafés, and services that line the surrounding avenues.

Rent control

Your rent here is not capped

Your rent at Line 5 Condos - South Tower is not capped. The building's first tenants moved in Jun 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.

The rule: Ontario's annual rent increase guideline (2.5% for 2026) does not apply to a unit first lived in after November 15, 2018 (Residential Tenancies Act, s. 6.1). In every building, your landlord must give you 90 days' written notice on the official form and can raise the rent at most once every 12 months. The date that counts is your unit's, so ask the landlord to confirm it before you sign.

Short answer

Getting around

Getting around

Midtown Toronto is one of the most transit-friendly parts of the city, served by the TTC's subway network and numerous surface routes. Drivers have access to the major arterial roads that connect the area to the rest of the city and, further afield, to Highway 401 and the Don Valley Parkway. The central location makes commuting by transit, car, or on foot straightforward.

Who built it

Reserve Properties and Westdale Properties

Reserve Properties and Westdale Properties are established developers active in the Greater Toronto Area, with a track record of residential communities across the region. Their partnership on Line 5 Condos reflects a focus on well-located urban housing in Toronto's core neighbourhoods.

Questions

Questions

Can my rent at Line 5 Condos - South Tower go up by any amount?
Your rent at Line 5 Condos - South Tower is not capped. The building's first tenants moved in Jun 2025, after November 15, 2018, so Ontario's annual rent increase guideline does not apply. Your landlord can raise the rent by any amount once every 12 months, with 90 days' written notice.
When did the first tenants move into Line 5 Condos - South Tower?
The builder's first move-in date for Line 5 Condos - South Tower is Jun 2025. If your unit was first lived in after November 15, 2018, Ontario's rent cap does not apply to it.
Who built Line 5 Condos - South Tower?
Reserve Properties and Westdale Properties built Line 5 Condos - South Tower at 117 Broadway Avenue, Toronto.
Can I find a unit at Line 5 Condos - South Tower on this site?
Nothing is listed at Line 5 Condos - South Tower right now. Ask about availability and Alex Karczewski, Broker at New World 2000 Realty Inc., will check what is coming up and get back to you.
What size are the suites?
Homes range from approximately 353 to 764 square feet. Specific layouts and bedroom counts are confirmed by the builder based on remaining availability.
How many units and storeys does the building have?
Line 5 Condos - South Tower is a 33-storey high-rise with a total of 423 suites.
Where is Line 5 Condos - South Tower located?
The building is at 117 Broadway Avenue in Old Toronto, within the city's midtown core and close to TTC transit.