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!
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $771 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 5 Defries St #2208
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
5 Defries St #2208 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14084564$539,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Defries St #2208 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,652
/mo
based on the purchase price of $539,900
$107,980 cash
$431,920 financed
$363,790 total interest
Principal54%$431,920
Interest46%$363,790
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Defries Street? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 5 Defries St #2208 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 5 Defries St #2208 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–4 bed homes for sale in Toronto around $540K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5079.0%On average, homes sold at or above asking.
Active listings13,723Homes for sale here right now.
Median vs prior 90 days+2.6%Compared with Apr 19 – Jul 18, 2026: prices up.
Based on 9,337 sales from Jul 18 – Oct 16, 2026 (6,683 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
11 for sale · 13 for rent at 5 Defries St — plus its sale and lease history.
Distance is not enrolment: public and Catholic boards assign schools by attendance boundary. Confirm with the local school board's school locator before you buy.
Nearest subway, GO and LRT stations first, then bus and streetcar stops. 29 stops within a 10-minute walk.
5 Defries St #2208 is listed at $539,900 (MLS® C14084564). Summitly updates the price as soon as the MLS® record changes.
Is $539,900 a good price for 5 Defries St #2208?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 5 Defries St #2208 changed?
No — 5 Defries St #2208 is still listed at its original asking price of $539,900.
How many bedrooms and bathrooms does 5 Defries St #2208 have?
5 Defries St #2208 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.
What schools are near 5 Defries St #2208?
The 4 closest schools to 5 Defries St #2208 in a straight line are Nelson Mandela Park Public School (Elementary, Toronto District School Board), about 450 m (about a 6-minute walk); SEED Alternative School (Secondary, Toronto District School Board), about 520 m (about a 6-minute walk); Queen Alexandra Middle School (Secondary, Toronto District School Board), about 560 m (about a 7-minute walk); and Dundas Junior Public School (Elementary, Toronto District School Board), about 670 m (about a 8-minute walk). School attendance boundaries change, and a nearby school may not serve this address. Check school boundaries with the board before you rely on them. School locations are from OpenStreetMap.
Is 5 Defries St #2208 close to transit?
The nearest rapid-transit station is Castle Frank Station (Line 2), about 1.8 km (about a 22-minute walk) in a straight line. Broadview Station is about 1.8 km (about a 23-minute walk), and Chester Station is about 2.0 km (about a 25-minute walk). The closest bus or streetcar stop is Dundas Street East, about 150 m (about a 2-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 5 Defries St #2208?
About $2,652 a month — principal and interest on $539,900 with 20% down ($107,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 5 Defries St #2208 compare with other homes in Toronto?
Its asking price of $539,900 is about 36% below the median sold price in Toronto over the last 90 days, $847,500, across 9,337 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5 Defries St #2208 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Defries St #2208 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Defries St #2208?
5 Defries St #2208 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Defries St #2208 been on the market?
1 day — 5 Defries St #2208 was listed on October 15, 2026.
What is the price per square foot of 5 Defries St #2208?
About $676 to $771 per square foot: the asking price of $539,900 over the 700–799 sq ft the listing gives as its size range.
