5 Defries St 420
Regent Park, Downtown Toronto, M5A 0W7
FOR SALE
$599,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Welcome to Urban Luxury at River & Fifth! This stunning 2-bedroom, 2-bathroom unit offers modern finishes and high-end features in an unbeatable location. With 9-foot smooth ceilings and energy-efficient kitchen appliances, this unit exudes contemporary elegance. The quartz countertops and custom cabinetry in the kitchen create a sleek and functional cooking space. The primary bedroom features a private ensuite bath, while both spacious bedrooms offer ample natural light and large closets with custom shelving. The main bathroom showcases a frameless shower with a rainfall shower-head and luxurious porcelain tiles throughout. Located just a short stroll from the Distillery District, Corktown, and Toronto's vibrant downtown core, you're minutes away from an array of trendy dining spots, cafes, and boutique shopping. For outdoor enthusiasts, the nearby Corktown Common offers expansive green spaces, walking and biking trails, and playgrounds. Regent Park is also close by, featuring an Aquatic Centre, athletic fields, and community programming. You can also enjoy the Underpass Park with its skatepark and basketball courts. Commuting is a breeze with easy access to the Don Valley Parkway (DVP) and Gardiner Expressway, and TTC stops just steps away. The building itself offers top-notch amenities, including a Skyline Rooftop pool, BBQ area, and a fully equipped gym, all with serene riverfront views that perfectly balance the vibrant urban lifestyle.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-01 | 2024-11-13 | 43 | $679,000 | - | Terminated |
Extras
Fridge, Stove, Range Hood, Dishwasher, Washer/Drier, All existing ELFs and window coverings.
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, River/Stream
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.60' x 18.24' | Laminate, Combined W/Dining, W/O To Balcony |
| Dining | Flat | 10.01' x 18.24' | Laminate, Combined W/Living, Combined W/Kitchen |
| Kitchen | Flat | 10.01' x 18.24' | Laminate, Combined W/Dining, Quartz Counter |
| Prim Bdrm | Flat | 8.99' x 10.01' | Laminate, 4 Pc Ensuite, Large Closet |
| Br | Flat | 8.33' x 8.83' | Laminate, Closet, Sliding Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
5 Defries St 420 is a 2-bedroom 2-bathroom condo listed for sale at $599,000, which is $160,874 (21.2%) lower than the average sold price of $759,874 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $5,140 (0.7%) compared to the previous 30 day period (October 18 - November 16) and down $46,119 (5.7%) from the same time one year ago.Inventory Change
There were 809 2-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 34.9% compared with the previous 30 day period (October 18 - November 16) and up 15.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($17,893) (2.4%) below asking price over the last 30 days (November 17 - December 16), which represents a $2,039 increase compared to the previous 30 day period (October 18 - November 16) and ($25,154) more 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 2-bedroom condos in Downtown Toronto over the last 30 days (November 17 - December 16) stood at 57.7%, up from 45.8% over the previous 30 days (October 18 - November 16) and up from 54.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (November 17 - December 16), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Condos Plus Corporation
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