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1 / 0
New1 hour ago

409 - 123 Portland Street

Waterfront Communities C1, Toronto

$650,000

Condo Apartment |
1 + 1 | 1 | 0 | 0
About this home

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.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$754
LockerNone
BalconyJuliette
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,860
mls© NumberC13695266
Listed BySUTTON GROUP-ADMIRAL REALTY INC.
Heat Included
CAC Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,327
Property tax
$322
Heat allowance
$150
Condo fees, half counted
$377
Housing costs
$4,176 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $130,000
25-yr amortization

Income needed

$128,000

gross annual household income

Payment at 4%
$2,735 / mo
Cash down
$130,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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