$539,900

For sale

#2208 5 Defries Street, Toronto (Regent Park) - Single Family for Sale

#2208 5 Defries Street, Toronto (Regent Park), Ontario, M5A0W7

2 beds2 baths0 parking750 ft²$531/mo condo feeListed 21 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $539,900 asking price sits right in line with the $558,888 median in Toronto. It has been on the market 21 days, fresher than the Toronto average of 86 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome to River & 5th! Newly built 2-bedroom 2-bathroom corner suite with a locker. Offering 9 Foot, this ceilings & 771 square feet of total living space (700interior + 71 exterior). Freshly painted, unit is immaculate. Offering a rare combination of living close to everything Toronto has to offer while being in a relaxing neighbourhood. Enjoy unobstructed views from the large windows allowing in an abundance of natural light. The open concept living and dining areas are generously sized, perfect for entertaining. The two comfortable bedrooms feature ample closet space,& the two washrooms are built to perfection with high-end finishes. Located less than a 5-minute drive to the Corktown and Distillery Districts. Commuting is a made easy with a TTC stop within a 2-minute walk. Accessing the Don Valley Parkway is around the corner. With the Future Ontario Line coming a a few blocks south as well as the new future GO Train smart track, property values are sure to increase! (id:66096)

Property Details

MLS®: C14084564
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $531/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,105.12/yr
Listed: 21 days ago

Rooms

Flat

Kitchen: 6.62 x 3 meters
Dining room: 6.62 x 3 meters
Family room: 6.62 x 3 meters
Primary Bedroom: 3.66 x 3.23 meters
Bedroom 2: 3.01 x 2.79 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Exterior: Brick, Aluminum siding
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (Regent Park) listings, avg age

86d

Price / ft²

$720

List price

$540K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Regent Park) has been listed for 21 days, which is 65 days fresher than the city average of 86. Act while there is still low competition.

Set a price alert Book a showing

Listed by RE/MAX REALTY SERVICES INC. · SUMIT SHARDA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $539,900, about 7.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $105,461 (20% down, 25-yr amortization, stress-tested) — roughly 49% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$539,900· $720/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5.37% · $28,990

Min 5.37%50%

Mortgage payment$2,833/mo

↳ CMHC premium ($20,436 capitalized)

Property tax (est.)$342/mo

Condo fee$531/mo

Total monthly$3,705

Cash Needed to Close

Down payment (5.37%)$28,990

Land transfer tax$14,546

Est. closing costs$4,120

Total cash needed$47,656

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator