Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Regent Park. Expertly crafted featuring premium concrete and other construction, this residence presents an exceptional opportunity offered at $589,000 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.
Eleven floors up with unobstructed east-facing views, this thoughtfully designed 2-bedroom, 2-bathroom residence strikes the balance between smart interior living and standout outdoor space in one of downtown Toronto's most exciting emerging neighbourhoods. At 715 square feet, this suite lives larger than the number suggests, with a functional layout that delivers both privacy and flexibility. First-time buyer, down-sizer, investor, or someone ready to grow into more space? No awkward corners, no dead space, no giant pillars. Floor-to-ceiling windows fill the home with natural light, while the open-concept living and dining area keeps everything flowing, whether you're hosting a dinner or hosting nobody at all. The sleek modern kitchen keeps it practical: clean lines, smart storage, and a seamless connection to the heart of the home. The primary bedroom comes with a walk-in closet and private ensuite, while the second bedroom flexes to whatever you need: a guest room, nursery, or home office. And then there's the terrace. A rare 147-square-foot private outdoor retreat that extends your living space well past the walls. Morning coffee, summer dinners, or an easy wind-down hang with unobstructed skyline and sunrise views. This is the part people remember.Parking and locker included, so the boxes are all checked.Set within River & Fifth, an amenity-rich building in the heart of downtown east, you're steps to transit, parks, cafés, groceries, and everything that makes Regent Park, Corktown, and Riverside some of Toronto's best neighbourhoods to bet on right now. Smart layout. Rare outdoor space. Exceptional value.
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Clear View, Rec./Commun.Centre, Public Transit, Park, Place Of Worship, River/Stream
Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5 Defries Street 1104, Toronto, ON M5A 0W7
Based on 0 recent similar sales in the pocket.
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 $589,000 in Toronto, the legal minimum down payment is $33,900 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 $8,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,255 also applies, bringing the total estimated land transfer taxes to $16,510.
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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.