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New1 hour ago

205 - 123 Portland Street

Waterfront Communities C1, Toronto

$570,000

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

Welcome to 123 Portland, this brand new move-in ready suite offers 1-bedroom plus den, 2-bathroom, Juliette, and an open concept layout with floor-to-ceiling windows, high ceilings, hardwood flooring, smart thermostat, and smart lock in a boutique building with limited suites in an exceptional location in the heart of King West. This modern building draws on classical Parisian traditions and mid-century Italian forms. Finishes include kitchens with Miele appliances, Caesarstone countertops, marble mosaic backsplashes, functional islands, and polished porcelain bathroom tiles. Residents enjoy 24-hour concierge service and refined amenities including a fitness studio, lounge, kitchen bar, private dining room, and a rooftop terrace with BBQ area. Unbeatable convenience tucked along a quiet stretch of Portland Street, positioned at the meeting point of the Fashion District with the city unfolding within walking distance-featuring the Financial District to the East, Queen West to the North, and the Waterfront to the South. Parking and locker are available at an additional cost. Property Taxes have not been assessed yet.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNew
Size600-699 sq. ft.
Maintenance Fees$718
LockerNone
BalconyTerrace
ExposureNorth West
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax---
mls© NumberC13792004
Listed ByRESIDENTIAL DEVELOPMENT SERVICES INC.
Building Insurance Included
Common Elements Included
CAC Included
Heat 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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,918
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$359
Housing costs
$3,427 / mo

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

Down payment20% · $114,000
25-yr amortization

Income needed

$105,000

gross annual household income

Payment at 4%
$2,399 / mo
Cash down
$114,000

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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