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 $2,200 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.
Welcome to this modern and functional 1 bedroom plus 1 den, 1 bathroom suite at 5 Defries St in the sought after River and 5th Condos, ideally located at Dundas Street East and River Street in one of Toronto's rapidly growing downtown communities. This thoughtfully designed unit features a spacious layout with a separate den perfect for a home office or study area, making it ideal for professionals and students alike. Residents enjoy access to premium building amenities including 24-hour concierge service, a fully equipped gym, yoga studio, co-working lounge, private dining room, multipurpose party room, kids's room, guest suites, and an outdoor pool designed for relaxation and entertainment. Transit is exceptionally convenient with the 505 streetcar at your doorstep, offering quick access to downtown destinations including the renowned Toronto Eaton Centre as well as top educational institutions such as University of Toronto, George Brown College, and Toronto Metropolitan University within approximately 20 minutes. Everyday essentials are within walking distance with nearby grocery stores including FreshCo and No Frills, along with local cafes, restaurants, and parks. Combining modern amenities, excellent transit access, and a vibrant neighborhood atmosphere, this property offers an exceptional leasing opportunity in the heart of downtown Toronto. Heat and Unlimited High Speed Bell Fibe Internet Included! 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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Built-In Oven
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Data-driven valuation for 5 Defries Street 2503, Toronto C08, ON M5A 0W7
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $2,200 in Toronto, the legal minimum down payment is $110 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 $11 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11 also applies, bringing the total estimated land transfer taxes to $22.
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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.