$599,000
Toronto
#409 123 Portland Street, Toronto (Waterfront Communities), Ontario, M5V2N4
This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $599,000, it is attractively priced about 5% below the $629,900 median asking price in Toronto. It has been on the market 10 days, fresher than the Toronto average of 57 days.
Perfect for first time buyers & aspiring investors! Welcome to the 123 Portland St. Condos, a recently built Minto residence offering approximately 620 sq. ft. of contemporary living space with desirable south exposure. This thoughtfully designed one-bedroom-plus-den suite features engineered hardwood flooring throughout and a bright open-concept layout. The modern kitchen is equipped with built-in Miele appliances, a ceramic backsplash and centre island, while the living room opens to a Juliette balcony framed by impressive floor-to-ceiling windows. The primary bedroom also enjoys floor-to-ceiling windows and boasts a spacious walk-in closet with custom closet organizers. A separate den provides excellent flexibility as a private home office or compact second bedroom, complemented by a four-piece bathroom with a built-in vanity and tiled flooring, plus convenient an in-suite laundry closet. Maintenance fees include heat, central air conditioning, common elements and building insurance. Exceptional building amenities include a rooftop terrace with community BBQs and skyline views, exercise room, 24/7 concierge, secure parcel storage, bike storage, pet-wash facility and a stylish party room with a kitchen. Ideally located in Toronto's vibrant Entertainment District, moments from the CN Tower, Rogers Centre, Scotiabank Arena, Ripley's Aquarium, Roy Thomson Hall, The Art Gallery of Ontario, The Royal Ontario Museum, Mount Sinai Hospital & celebrated restaurants and premier shopping. Schools nearby include University of Toronto, Toronto Metropolitan University, Jean Lumb Public School, Nelson Mandela Park Public School & more! Enjoy easy access to Queens Quay which provides outdoor waterfront enjoyment like the Harbourfront Centre, Harbour Square Park and Toronto Music Garden. Steps to Union Station, TTC service and the Gardiner Expressway nearby for convenient travel throughout the city and beyond. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 10 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Toronto (Waterfront Communities) has been listed for 10 days, which is 47 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $599,000, about 6.6× the local median household income of $91,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5V)
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