Reserve Properties and Westdale Properties
117 Broadway Avenue, Old Toronto, Ontario
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.
Homes range from about 353 to 764 square feet, and with estimated occupancy in June 2025, buyers can plan a move into a finished building rather than waiting on construction.
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.
For specific nearby hospitals, schools, groceries, and parks, buyers should confirm current options in the immediate area, as the neighbourhood offers the mix of amenities typical of central Toronto living.
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.
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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.
Buying a new condominium in Ontario typically begins with registering for access to floor plans, pricing, and available suites. Even though this building is complete, staying registered helps you learn about remaining inventory as it's released.
Deposit structures for new condos are usually staged over time rather than paid all at once, with amounts and timing set by the builder. Where a purchase involves interim occupancy before final closing, buyers may occupy the suite and pay an occupancy fee until the transaction closes and title transfers.
In Ontario, buyers of a new condominium have a 10-day cooling-off period under the Condominium Act, during which you can review the agreement and disclosure documents before your purchase becomes firm. Specific terms will be confirmed by the builder.
Suites currently start from $599,900 CAD and range up to $1,181,900 CAD. Pricing and availability change over time, so confirm current figures with the builder.
Homes range from approximately 353 to 764 square feet. Specific layouts and bedroom counts are confirmed by the builder based on remaining availability.
Estimated occupancy is June 2025. The building is complete, which means buyers are purchasing in a finished tower rather than pre-construction.
Line 5 Condos - South Tower is a 33-storey high-rise with a total of 423 suites.
The building is at 117 Broadway Avenue in Old Toronto, within the city's midtown core and close to TTC transit.
The project is developed by Reserve Properties and Westdale Properties, two developers active across the Greater Toronto Area.
You can register your interest through LIQWD to receive availability and pricing updates. A sales representative can walk you through available suites, deposit terms, and next steps.
Information last updated July 9, 2026. Details are provided by the builder and may change without notice.
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