5 Defries St 722
Regent Park, Downtown Toronto, M5A 0W7
FOR SALE
$424,900
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BEDROOMS1
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Property Description
Welcome to River & Fifth by Broccolini, where Luxury meets Convenience in the Vibrant Heart of Toronto's emerging Downtown East. This stunning residence boasts high-end finishes and cutting-edge features, including keyless entry, a smart home system, sleek matte black appliances, pristine quartz countertops, wide plank laminate flooring, and soaring 9-foot smooth ceilings creating an atmosphere of modern sophistication and comfort. Indulge in a lifestyle of exceptional amenities, including a 24-hour concierge to cater to your every need. The 12th-floor rooftop terrace invites you to unwind with its outdoor pool and luxurious cabanas, offering unparalleled views of the city. Entertain guests in the stylish party room or private dining room, or take your fitness to new heights in the state-of-the-art fitness center and yoga room. For work or play, enjoy the co-working space and games room. Plus, a guest suite ensures your visitors feel just as pampered as you do. All of this is just minutes from Toronto's vibrant Financial District, scenic Riverdale Parks, and picturesque trails. With everything at your doorstep, River & Fifth offers the ultimate urban living experience. Elevate your lifestyle Welcome Home!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-27 | 2024-07-12 | 16 | $1,750 | $1,850 | Leased |
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,600 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
5 Defries St 722 is a 0-bedroom 1-bathroom condo listed for sale at $424,900, which is $46,775 (12.4%) higher than the average sold price of $378,125 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $23,770 (5.9%) compared to the previous 30 day period (December 22 - January 20) and down $40,491 (9.7%) from the same time one year ago.Inventory Change
There were 76 0-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 20.6% compared with the previous 30 day period (December 22 - January 20) and down 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($18,274) (4.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $5,429 decrease compared to the previous 30 day period (December 22 - January 20) and ($2,228) less 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 0-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, down from 19.0% over the previous 30 days (December 22 - January 20) and down from 28.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (January 21 - February 19), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Realty Inc.
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