2502-5 Defries Street, Toronto, ON

Regent Park, Toronto · MLS® C13763042

$649,900
For Sale
Listed 40 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Experience luxury living on the 25th floor of Broccolini's iconic River & Fifth in Corktown.
  • This exquisite southeast corner suite features 2+1 bedrooms, 2 bathrooms, 1 parking space, and 1 locker, complemented by breathtaking, unobstructed views of the lake...
  • The sun-filled interior boasts soaring 9-foot smooth ceilings, keyless entry, smart home tech, and a sleek kitchen with quartz countertops, a ceramic backsplash, and...
  • Enjoy resort-style amenities including a rooftop outdoor pool, fitness center, yoga studio, steam lounge, co-working space, pet spa, and party room.

Experience luxury living on the 25th floor of Broccolini's iconic River & Fifth in Corktown. This exquisite southeast corner suite features 2+1 bedrooms, 2 bathrooms, 1 parking space, and 1 locker, complemented by breathtaking, unobstructed views of the lake and city skyline. The sun-filled interior boasts soaring 9-foot smooth ceilings, keyless entry, smart home tech, and a sleek kitchen with quartz countertops, a ceramic backsplash, and stainless steel appliances. Enjoy resort-style amenities including a rooftop outdoor pool, fitness center, yoga studio, steam lounge, co-working space, pet spa, and party room. Unbeatable location with immediate access to TTC streetcars, the DVP, Gardiner Expressway, Distillery District, TMU, George Brown, and U of T.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13763042
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
700-799 sq ft
Cross streets
Dundas St & River St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Other
Maintenance
$674/mo
Exposure
South East
Property tax
$4,883 / 2025
Days on market
40
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Living RoomMain2.67 × 5.16 m
Dining RoomMain4.45 × 5.10 m
DenMain1.60 × 1.60 m
Bedroom 2Main3.09 × 3.29 m
Primary BedroomMain2.97 × 3.37 m
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.

Church-Yonge Corridor
$529K
North St. James Town
$765K
Waterfront Communities C8
$554K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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 elementary0.7 km · 59% at standard
Sprucecourt Junior Public School · Public elementary0.7 km · 59% at standard
Lord Dufferin Junior and Senior Public School · Public elementary0.9 km · 55% at standard
Eastdale Collegiate Institute · Public secondary0.9 km
St Martin Catholic School (St.Martin) · Catholic secondary1.0 km
Quest Alternative School Senior · Public elementary1.2 km
Withrow Avenue Junior Public School · Public elementary1.2 km · 85% at standard
Winchester Junior and Senior Public School · Public elementary1.3 km · 76% at standard
Morse Street Junior 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
$2,962/mo
$143KIncome needed
4.6×Price ÷ income
$684Weekly cost
$18,946Land 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.

73%mortgage
Mortgage $2,962Property tax $407Condo fee $674Total carry $4,043

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,875per month

Mortgage amount $519,920 · 4.49% over 25 years

$129,980Down payment (20.0%)
$519,920Loan before insurance
$0CMHC premium
$3,956Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,875
Property tax
$407
Condo / maintenance fees
$674
Heating
$0
Estimated monthly cost
$3,956

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

One-time closing costs

Ontario land transfer tax
$9,473
Toronto municipal land transfer tax
$9,473
Estimated closing costs
$18,946

Plus your down payment of $129,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,479/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

$342,498Total interest paid
$862,418Total of all payments
Principal $519,920 Interest $342,498
YearPrincipalInterestBalance
1$11,602$22,894$508,318
2$12,129$22,368$496,188
3$12,680$21,817$483,508
4$13,256$21,241$470,253
5$13,857$20,639$456,395
6$14,487$20,010$441,909
7$15,144$19,352$426,764
8$15,832$18,665$410,932
9$16,551$17,946$394,381
10$17,302$17,194$377,079
11$18,088$16,409$358,991
12$18,909$15,588$340,082
13$19,768$14,729$320,314
14$20,665$13,831$299,649
15$21,604$12,893$278,045
16$22,584$11,912$255,461
17$23,610$10,887$231,851
18$24,682$9,815$207,169
19$25,803$8,694$181,366
20$26,974$7,523$154,392
21$28,199$6,298$126,193
22$29,479$5,018$96,714
23$30,818$3,679$65,897
24$32,217$2,280$33,680
25$33,680$817$0

At the end of your 5-year term

Total paid over the term
$172,484
Principal paid down
$63,525
Interest paid
$108,959
Balance remaining
$456,395

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
1.9%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.

4.4%
Gross yield
− Property tax $4,883− Condo fees $8,088− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,061

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

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