421-5 Defries Street, Toronto, ON

Regent Park, Toronto · MLS® C13026652

$726,990
For Sale
Listed 92 days ago
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome To River & Fifth By Broccolini. Located In The Heart Of Torontos Downtown East And Well Situated Near Dundas & Queen East - Close To Dvp, Transit, Dining & More. Building Amenities Include Concierge, Gym, Outdoor Pool, Party Room, Visitor Parking & More! 3 Bed Unit Features Living space, 2 Bath W/ Balcony. N/W Exposure. Laminate Flooring Throughout. B/I Appliances: Fridge, Stove, Hood Fan, Microwave, Dishwasher. Washer & Dryer. Parking and locker included.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13026652
Bedrooms
3
Bathrooms
2
Size
900-999
Cross streets
River & Dundas
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$682/mo
Exposure
North West
Days on market
92
Listing brokerage
MILBORNE REAL ESTATE INC.

Rooms

KitchenMain3.20 × 6.32 m

laminate · b/i appliances · stone counters

Living RoomMain3.20 × 6.32 m

laminate · open concept · w/o to balcony

Bedroom 3Main2.92 × 2.56 m

laminate · closet · window

Bedroom 2Main2.74 × 2.66 m

laminate · closet · window

Primary BedroomMain2.92 × 3.04 m

4 pc ensuite · walk-in closet(s) · window

Dining RoomMain3.20 × 6.32 m

laminate · open concept · combined w/living

Moe’s TakeTeam Asgarian · Broker
Below comparables
$780Kest. value

Listed at $726,990, this home is about 7% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Below comparable homes on total price, yet the price per square foot ($766/sqft) is in line with the area, which usually points to a smaller or more efficient layout.

In Regent Park lately, sellers have been getting about 97% of asking and homes sell in about 32 days.

Based on 6 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 6 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $738K
  • Size difference +$45K
  • Adjusts to $782K

That comparable adjusts to $782K; the $780K estimate above is the median of all 6 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Inglenook Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$727KGreat deal$786KOverpriced

Total price vs nearby homes. Fair value about $780K, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Regent Park · asking prices
$749kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

801-5 Defries Street$699k605-225 Sumach Street$839k204-225 Sumach Street$749k1102-130 River Street$769k1009-225 Sumach Street$690k

The 5 closest of 6 active listings nearby.

See all comparable homes
727kThis home699k839k749k769k690kThis home vs active comparables
Live market pulseActive comparables in Regent Park · median list $649K
$766this home / sqft
17active listings nearby
92days on market
100sold nearby · 90 days
$691Kmedian sold price
97%of asking, on average

This home lists 6% below the area average of $813/sqft.

91 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Regent Park, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$528K
Waterfront Communities C8
$615K
Church-Yonge Corridor
$583K
Bay Street Corridor
$506K
Waterfront Communities C1
$616K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Nelson Mandela Park Public School
47%
Nelson Mandela Park Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 47% meet the provincial standard

Affordability & Mortgage

Affordability
$3,313/mo
$158KIncome needed
4.6×Price ÷ income
$765Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

74%mortgage
Mortgage $3,313Property tax $454Condo fee $682Total carry $4,450

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,104per month

Mortgage amount $581,592 · 4.14% over 25 years

$145,398Down payment (20.0%)
$581,592Loan before insurance
$0CMHC premium
$4,240Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,104
Property tax
$454
Condo / maintenance fees
$682
Heating
$0
Estimated monthly cost
$4,240

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$11,015
Toronto municipal land transfer tax
$11,015
Estimated closing costs
$22,030

Plus your down payment of $145,398. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,770/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$349,485Total interest paid
$931,077Total of all payments
Principal $581,592 Interest $349,485
YearPrincipalInterestBalance
1$13,625$23,618$567,967
2$14,195$23,048$553,773
3$14,788$22,455$538,984
4$15,407$21,836$523,577
5$16,051$21,192$507,526
6$16,723$20,520$490,803
7$17,422$19,821$473,381
8$18,151$19,092$455,230
9$18,910$18,333$436,320
10$19,701$17,542$416,619
11$20,525$16,718$396,093
12$21,384$15,859$374,710
13$22,278$14,965$352,431
14$23,210$14,033$329,221
15$24,181$13,062$305,040
16$25,192$12,051$279,848
17$26,246$10,997$253,602
18$27,344$9,899$226,258
19$28,488$8,755$197,770
20$29,679$7,564$168,090
21$30,921$6,322$137,170
22$32,214$5,029$104,955
23$33,562$3,681$71,394
24$34,966$2,278$36,428
25$36,428$815$0

At the end of your 5-year term

Total paid over the term
$186,215
Principal paid down
$74,066
Interest paid
$112,150
Balance remaining
$507,526

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,050/mo
$36,600Gross annual rent
2.6%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

5.0%
Gross yield
− Property tax $5,089− Condo fees $8,190− Insurance $600− Vacancy & upkeep $4,026Net operating income $18,695

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MILBORNE REAL ESTATE INC.. MLS®/PropTx.

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