5 Defries St 324

FOR SALE
$599,000
5 Defries St 324, Downtown Toronto
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
5 Defries St 324
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4 + 1
ROOMS
C11983139
MLSID
Contact Us
Property Description
Welcome to River and Fifth Condos, where modern design meets urban convenience. This well-maintained 1-bedroom + den, 1-bath suite offers a bright and airy ambiance, thanks to its floor-to-ceiling windows and private balcony with a beautiful exposure. The modern kitchen is a chefs delight, featuring quartz countertops, stainless steel appliances, and high-end interior finishes that elevate the space. The versatile den is perfect for a home office, guest area, or creative retreat. Indulge in world-class amenities, including an indoor pool, outdoor cabana lounge with stunning downtown views, a large fitness center, co-working space, yoga room, sports lounge, steam room, party room, games room, and a kids' playroom. With 24-hour concierge service and most amenities conveniently located on the third floor, this condo offers a truly effortless lifestyle. Perfectly situated steps from banks, grocery stores, and transit, you're just minutes by streetcar to Dundas Subway Station and the Eaton Centre. Plus, enjoy easy access to top universities, including Toronto Metropolitan University (formerly Ryerson), George Brown College, and the University of Toronto.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-12-11 2024-01-05 25 $2,200 $2,175 Leased
2023-11-13 2023-12-11 28 $2,500 - Terminated
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
LivingFlat13.09' x 12.07'Open Concept, W/O To Balcony, Laminate
DiningFlat13.09' x 12.07'Combined W/Living, Laminate
KitchenFlat13.09' x 12.07'Open Concept, B/I Appliances, Combined W/Dining
DenFlat7.68' x 7.09'Separate Rm, Laminate
Prim BdrmFlat10.17' x 9.38'Closet, Sliding Doors, Laminate
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
5 Defries St 324 is a 1-bedroom 1-bathroom condo listed for sale at $599,000, which is $41,890 (7.5%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Plus City Team Inc.
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