5 Defries Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Regent Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,600 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 0.0 total parking spaces available
- Notable attributes: Built-In Oven
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this spacious and modern 2 bedroom plus den, 2 bathroom suite at 5 Defries St, ideally located at Dundas Street East and River Street in one of Toronto's rapidly growing downtown communities, offering a functional layout with a separate den perfect for a home office or additional living space. This well-designed unit is ideal for professionals, students, or families seeking comfort, flexibility, and convenience in an urban setting. Residents enjoy a full range of premium amenities including 24 hour concierge service, a fully equipped gym, yoga studio, co-working lounge, private dining room, multipurpose party room, kids' room, guest suites, and an outdoor pool for relaxation and entertainment. Transit is effortless with the 505 streetcar at your doorstep, providing quick access to the city core, including the renowned Toronto Eaton Centre within approximately 20 minutes. This central location also offers easy connectivity to top institutions such as University of Toronto, George Brown College, and Toronto Metropolitan University, making it an excellent choice for students and academics. Daily essentials are conveniently located nearby with grocery options including FreshCo and Rabba Fine Foods, along with a variety of local dining and amenities. Combining modern living, excellent transit access, and a vibrant neighborhood atmosphere, this property offers an exceptional leasing opportunity in the heart of downtown Toronto. Some photos may have been virtually staged. Furniture and décor shown are for illustration purposes only and do not represent the current condition of the property.
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Pricing & Value Insights
Data-driven valuation for 5 Defries Street 1702, Toronto C08, ON M5A 0W7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,600 in Toronto, the legal minimum down payment is $130 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13 also applies, bringing the total estimated land transfer taxes to $26.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
