2208-5 Defries Street, Toronto, ON

Regent Park, Toronto · MLS® C14084564

$539,900
For Sale
Listed 3 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • Newly built 2-bedroom 2-bathroom corner suite with a locker.
  • Offering 9 Foot, this ceilings & 771 square feet of total living space (700interior + 71 exterior).
  • The open concept living and dining areas are generously sized, perfect for entertaining.
  • Located less than a 5-minute drive to the Corktown and Distillery Districts.
  • Commuting is a made easy with a TTC stop within a 2-minute walk.

Welcome to River & 5th! Newly built 2-bedroom 2-bathroom corner suite with a locker. Offering 9 Foot, this ceilings & 771 square feet of total living space (700interior + 71 exterior). Freshly painted, unit is immaculate. Offering a rare combination of living close to everything Toronto has to offer while being in a relaxing neighbourhood. Enjoy unobstructed views from the large windows allowing in an abundance of natural light. The open concept living and dining areas are generously sized, perfect for entertaining. The two comfortable bedrooms feature ample closet space,& the two washrooms are built to perfection with high-end finishes. Located less than a 5-minute drive to the Corktown and Distillery Districts. Commuting is a made easy with a TTC stop within a 2-minute walk. Accessing the Don Valley Parkway is around the corner. With the Future Ontario Line coming a a few blocks south as well as the new future GO Train smart track, property values are sure to increase!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14084564
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
River Street/ Dundas Street E
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Maintenance
$531/mo
Exposure
North West
Property tax
$4,105 / 2026
Days on market
3
Listing brokerage
RE/MAX REALTY SERVICES INC.

Rooms

Family RoomFlat6.62 × 3.00 m

laminate · combined w/dining · w/o to balcony

KitchenFlat6.62 × 3.00 m

stainless steel appl · quartz counter · b/i oven

Bedroom 2Flat3.01 × 2.79 m

laminate · large window · closet organizers

Dining RoomFlat6.62 × 3.00 m

laminate · combined w/family

Primary BedroomFlat3.66 × 3.23 m

laminate · w/o to balcony · 4 pc ensuite

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
$549K
North St. James Town
$649K
Waterfront Communities C8
$554K
Church-Yonge Corridor
$876K
Kensington-Chinatown
$585K

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
$2,461/mo
$119KIncome needed
4.5×Price ÷ income
$568Weekly cost
$14,546Land 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 $2,461Property tax $342Condo fee $531Total carry $3,334

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)
$2,388per month

Mortgage amount $431,920 · 4.49% over 25 years

$107,980Down payment (20.0%)
$431,920Loan before insurance
$0CMHC premium
$3,261Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,388
Property tax
$342
Condo / maintenance fees
$531
Heating
$0
Estimated monthly cost
$3,261

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

One-time closing costs

Ontario land transfer tax
$7,273
Toronto municipal land transfer tax
$7,273
Estimated closing costs
$14,546

Plus your down payment of $107,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,890/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

$284,528Total interest paid
$716,448Total of all payments
Principal $431,920 Interest $284,528
YearPrincipalInterestBalance
1$9,639$19,019$422,281
2$10,076$18,582$412,205
3$10,534$18,124$401,671
4$11,012$17,646$390,659
5$11,512$17,146$379,147
6$12,035$16,623$367,113
7$12,581$16,077$354,532
8$13,152$15,506$341,379
9$13,750$14,908$327,630
10$14,374$14,284$313,256
11$15,026$13,631$298,229
12$15,709$12,949$282,521
13$16,422$12,236$266,099
14$17,168$11,490$248,931
15$17,947$10,711$230,984
16$18,762$9,896$212,222
17$19,614$9,044$192,608
18$20,504$8,154$172,104
19$21,435$7,223$150,669
20$22,409$6,249$128,260
21$23,426$5,232$104,834
22$24,490$4,168$80,345
23$25,602$3,056$54,743
24$26,764$1,894$27,979
25$27,979$679$0

At the end of your 5-year term

Total paid over the term
$143,290
Principal paid down
$52,773
Interest paid
$90,517
Balance remaining
$379,147

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
2.7%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.

5.3%
Gross yield
− Property tax $4,105− Condo fees $6,369− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,558

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

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