3012-5 Defries Street, Toronto, ON

Regent Park, Toronto · MLS® C13465282

$599,900
For Sale
Listed 122 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Parking
700-799Sq ft

About this home

In short

  • Experience elevated living at River & Fifth Condos in this stunning 2 Bed, 2 Bath NE corner suite on the 32nd floor, 713 Sqft with a Parking and a Locker, showcasing...
  • Includes the highly sought-after combination of 1 parking and 1 locker.
  • Located in the rapidly growing Regent Park / Corktown community, steps to parks, cafes, TTC, DVP access, Bayview, and the future Ontario Line - supporting strong...

Experience elevated living at River & Fifth Condos in this stunning 2 Bed, 2 Bath NE corner suite on the 32nd floor, 713 Sqft with a Parking and a Locker, showcasing panoramic city views and exceptional natural light through expansive windows. Upgraded with quartz countertops & backsplash, custom bedroom closet organizers, and a modern stainless steel kitchen faucet, the suite offers a sleek, functional layout ideal for professionals, families, or investors. Includes the highly sought-after combination of 1 parking and 1 locker. Located in the rapidly growing Regent Park / Corktown community, steps to parks, cafes, TTC, DVP access, Bayview, and the future Ontario Line - supporting strong long-term value and connectivity. A rare opportunity to own a bright, upgraded corner unit with parking in one of Toronto's most dynamic neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13465282
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Defries and river
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$599/mo
Exposure
North West
Property tax
$4,225 / 2026
Days on market
122
Listing brokerage
EXP REALTY

Rooms

Living RoomMain2.80 × 3.06 m

juliette balcony · open concept

KitchenMain1.71 × 3.35 m

Stainless Steel Appl

Dining RoomMain2.16 × 3.06 m

Open Concept

Bedroom 2Main297.00 × 2.78 m

window floor to ceiling · closet

Primary BedroomMain3.68 × 3.48 m

4 pc ensuite · w/o to balcony · closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

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
$495K
North St. James Town
$649K
Waterfront Communities C8
$525K
Church-Yonge Corridor
$580K
Kensington-Chinatown
$600K

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
Also nearby: 12 more schools within 2.5 km
SEED Alternative School · Public secondary0.5 km
Queen Alexandra Middle School · Public elementary0.5 km · 71% at standard
Dundas Junior Public School · Public elementary0.6 km · 59% at standard
Sprucecourt Junior Public School · Public elementary0.7 km · 59% at standard
Eastdale Collegiate Institute · Public secondary0.8 km
Lord Dufferin Junior and Senior Public School · Public elementary0.9 km · 55% at standard
St Martin Catholic School (St.Martin) · Catholic secondary1.0 km
Quest Alternative School Senior · Public elementary1.1 km
Withrow Avenue Junior Public School · Public elementary1.1 km · 85% at standard
Morse Street Junior Public School · Public elementary1.3 km · 76% at standard
Winchester Junior and Senior Public School · Public elementary1.3 km · 76% at standard
Market Lane Junior and Senior Public School · Public elementary1.4 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,734/mo
$131KIncome needed
4.6×Price ÷ income
$631Weekly cost
$16,946Land transfer tax, one-time (Ontario + Toronto)
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 $2,734Property tax $352Condo fee $599Total carry $3,685

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,654per month

Mortgage amount $479,920 · 4.49% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,605Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,654
Property tax
$352
Condo / maintenance fees
$599
Heating
$0
Estimated monthly cost
$3,605

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

One-time closing costs

Ontario land transfer tax
$8,473
Toronto municipal land transfer tax
$8,473
Estimated closing costs
$16,946

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,212/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

$316,148Total interest paid
$796,068Total of all payments
Principal $479,920 Interest $316,148
YearPrincipalInterestBalance
1$10,710$21,133$469,210
2$11,196$20,647$458,014
3$11,704$20,138$446,310
4$12,236$19,607$434,074
5$12,791$19,051$421,283
6$13,372$18,471$407,910
7$13,979$17,863$393,931
8$14,614$17,229$379,317
9$15,278$16,565$364,040
10$15,971$15,872$348,068
11$16,696$15,146$331,372
12$17,454$14,388$313,918
13$18,247$13,596$295,671
14$19,075$12,767$276,595
15$19,942$11,901$256,654
16$20,847$10,996$235,807
17$21,793$10,049$214,013
18$22,783$9,060$191,230
19$23,817$8,025$167,413
20$24,899$6,944$142,514
21$26,029$5,813$116,485
22$27,211$4,632$89,273
23$28,447$3,396$60,827
24$29,738$2,104$31,089
25$31,089$754$0

At the end of your 5-year term

Total paid over the term
$159,214
Principal paid down
$58,637
Interest paid
$100,576
Balance remaining
$421,283

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$2,400/mo
$28,800Gross annual rent
2.3%Cap rate after taxes and upkeep

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.

4.8%
Gross yield
− Property tax $4,225− Condo fees $7,186− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,621

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.

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