$649,900

For sale

#2502 5 Defries Street, Toronto (Regent Park) - Single Family for Sale

#2502 5 Defries Street, Toronto (Regent Park), Ontario, M5A0W7

3 beds2 baths1 parking750 ft²$674/mo condo feeListed 57 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 57 days, fresher than the Toronto average of 86 days.

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Description

Experience luxury living on the 25th floor of Broccolini's iconic River & Fifth in Corktown. This exquisite southeast corner suite features 2+1 bedrooms, 2 bathrooms, 1 parking space, and 1 locker, complemented by breathtaking, unobstructed views of the lake and city skyline. The sun-filled interior boasts soaring 9-foot smooth ceilings, keyless entry, smart home tech, and a sleek kitchen with quartz countertops, a ceramic backsplash, and stainless steel appliances. Enjoy resort-style amenities including a rooftop outdoor pool, fitness center, yoga studio, steam lounge, co-working space, pet spa, and party room. Unbeatable location with immediate access to TTC streetcars, the DVP, Gardiner Expressway, Distillery District, TMU, George Brown, and U of T. (id:66096)

Property Details

MLS®: C13763042
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $674/mo
Fee Includes: Heat, Parking
Ownership: Condo/Strata
Property Tax: $4,883.06/yr
Listed: 57 days ago

Rooms

Main level

Living room: 2.67 x 5.16 meters
Primary Bedroom: 2.97 x 3.37 meters
Bedroom 2: 3.09 x 3.29 meters
Den: 1.6 x 1.6 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave, Cooktop, Hood Fan, Window Coverings
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

57d

Toronto (Regent Park) listings, avg age

86d

Price / ft²

$867

List price

$650K

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 3-bed single family in Toronto (Regent Park) has been listed for 57 days, which is 29 days fresher than the city average of 86. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · OLGA TOMCHIN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $649,900, about 9.2× the local median household income of $71,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 79% 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)

$649,900· $867/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$407/mo

Condo fee$674/mo

Total monthly$4,462

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$18,946

Est. closing costs$4,450

Total cash needed$63,386

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