5 Defries St 3305

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5 Defries St 3305, Downtown Toronto
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3
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C8289118
MLSID
Contact Us
Property Description
Active Distress Sale - Highly Motivated Seller - Assignment Sale! (Broccolini's spectacular River and Fifth! 3 Bedroom, 2 Bath unit featuring bright open living areas and eat-in kitchen. Amazing clear lake and skyline views from all rooms. Large Balcony with water views. In Suite Laundry. Lobby with 24h concierge, gym, outdoor pool, kids club, co-working space, terrace, guest suite and more! High end finishes in unit and common areas. 1 Parking and 1 Locker! Taxes Not Yet Assessed.
Property Features
Library, Park, Ravine, Rec Centre, River/Stream
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
5 Defries St 3305 is a 3-bedroom 2-bathroom condo listed for sale at $1,348,000, which is $306,346 (29.4%) higher than the average sold price of $1,041,654 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $75,325 (7.8%) compared to the previous 30 day period (March 15 - April 13) and up $129,053 (14.1%) from the same time one year ago.
Inventory Change
There were 302 3-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 54.1% compared with the previous 30 day period (March 15 - April 13) and up 46.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($10,697) (1.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,136 decrease compared to the previous 30 day period (March 15 - April 13) and ($19,491) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 27.5%, down from 56.6% over the previous 30 days (March 15 - April 13) and down from 55.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 29 days when successfully sold over the last 30 days (April 14 - May 13), compared to 51 days before being removed from the market upon being suspended or terminated.
Listing contracted with Lifestyle/Yonge Realty Inc.
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