801-5 Defries Street, Toronto, ON

Regent Park, Toronto · MLS® C13584272

$698,888
For Sale
Listed 2 days ago
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3Bedrooms
2Bathrooms
0Parking
900-999Sq Ft

About this home

Welcome To Suite 801 at the River & Fifth Condos. Experience exceptional value in this spacious over 900 sq. ft. corner suite featuring 3 bedrooms, 2 bathrooms, 2 balconies, soaring ceilings and floor-to-ceiling windows with bright northeast views of the Don River. Built by one of Canada's largest builders, this designer-finished condo offers a modern kitchen with stone counters, island, stainless steel appliances, integrated cooktop, built-in fridge, and in-suite laundry. The primary bedroom includes a walk-in closet and ensuite, while the second bath features a soaker tub. Located in the sought-after Regent Park community, you're steps to streetcars, top restaurants, parks, and waterfront trails, with direct transit to major hospitals and universities. Enjoy premium amenities including a rooftop pool, BBQ terrace, oversized fitness centre, yoga studio, party room with bar, concierge, guest suites, pet spa, kids' playroom, hobby room, and more. Includes a deeded locker for additional storage-an unbeatable opportunity for space, style, and value.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13584272
Bedrooms
3
Bathrooms
2
Size
900-999
Cross streets
Dundas St E & DVP & Bayview Ave
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$675/mo
Exposure
North East
Property tax
$4,570 / 2025
Days on market
2
Listing brokerage
SAM MCDADI REAL ESTATE INC.
Moe’s TakeTeam Asgarian · Broker
In line
$769Kest. value

Listed at $698,888, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

In Regent Park lately, sellers have been getting about 97% of asking and homes sell in about 33 days.

Based on 82 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 82 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $802K, a close match.

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 $1.10M
  • Adjusts to $1.10M

That comparable adjusts to $1.10M; the $769K estimate above is the median of all 82 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
$692KGreat deal$851KOverpriced

Total price vs nearby homes. Fair value about $769K, median of 82 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Primary suite: a key comfort and resale feature. Lifestyle
  • 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
$772kavg asking

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

421-5 Defries Street$727k204-225 Sumach Street$749k605-225 Sumach Street$839k

The 3 closest active listings nearby.

See all comparable homes
699kThis home727k749k839kThis home vs active comparables
Live market pulseActive comparables in Regent Park · median list $649K
$736this home / sqft
17active listings nearby
2days on market
100sold nearby · 90 days
$691Kmedian sold price
97%of asking, on average

This home lists 10% below the area average of $815/sqft.

1 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
$519K
Waterfront Communities C8
$719K
Church-Yonge Corridor
$627K
Bay Street Corridor
$471K
Waterfront Communities C1
$567K

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
$3,185/mo
$150KIncome needed
4.7×Price ÷ income
$735Weekly 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.

75%mortgage
Mortgage $3,185Property tax $381Condo fee $675Total carry $4,241

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,984per month

Mortgage amount $559,110 · 4.14% over 25 years

$139,778Down payment (20.0%)
$559,110Loan before insurance
$0CMHC premium
$4,039Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,984
Property tax
$381
Condo / maintenance fees
$675
Heating
$0
Estimated monthly cost
$4,039

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

One-time closing costs

Ontario land transfer tax
$10,453
Toronto municipal land transfer tax
$10,453
Estimated closing costs
$20,906

Plus your down payment of $139,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,624/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

$335,976Total interest paid
$895,086Total of all payments
Principal $559,110 Interest $335,976
YearPrincipalInterestBalance
1$13,098$22,705$546,012
2$13,646$22,158$532,366
3$14,217$21,587$518,150
4$14,811$20,992$503,338
5$15,431$20,373$487,908
6$16,076$19,727$471,831
7$16,749$19,055$455,082
8$17,449$18,354$437,633
9$18,179$17,624$419,454
10$18,940$16,864$400,514
11$19,732$16,072$380,782
12$20,557$15,246$360,225
13$21,417$14,386$338,808
14$22,313$13,491$316,495
15$23,246$12,557$293,249
16$24,219$11,585$269,030
17$25,232$10,572$243,799
18$26,287$9,516$217,511
19$27,387$8,417$190,125
20$28,532$7,271$161,593
21$29,726$6,078$131,867
22$30,969$4,834$100,898
23$32,264$3,539$68,634
24$33,614$2,190$35,020
25$35,020$784$0

At the end of your 5-year term

Total paid over the term
$179,017
Principal paid down
$71,203
Interest paid
$107,814
Balance remaining
$487,908

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
2.8%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.

5.2%
Gross yield
− Property tax $4,570− Condo fees $8,100− Insurance $600− Vacancy & upkeep $4,026Net operating income $19,304

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

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