66 Portland Street Unit 411, Toronto C01

Price: $649,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: C13866888

Loft living in the heart of King West. Suite 411 at 66 Portland is a bright one-bedroom plusden in a boutique nine-storey loft building, and Freed Developments' first project. Designed byCore Architects with interiors by Cecconi Simone, the suite has 10-foot ceilings,floor-to-ceiling windows and wood floors throughout. The open living and dining area is nearly20 feet wide and opens onto a 119 sq ft balcony with a gas line for the BBQ. The kitchenfeatures granite counters, a centre island and stainless steel appliances. The bedroom hassliding glass doors and a wall-length closet, while the separate den near the entry makes anideal home office. The bathroom has a deep soaker tub, and there is ensuite laundry. Parkingand a locker are included.Outside your door, you're surrounded by some of Toronto's best restaurants, cafes and shops,with King West and Queen West both close by. The 504 King streetcar and The Well are justaround the corner.

66 Portland Street Unit 411 - Condo photo 1 of 21 in Downtown Toronto / Waterfront, Ontario
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New Listing
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$649,900 - 66 Portland Street Unit 411, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed yesterday

Neighbourhood: Waterfront Communities C1

2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
C13866888
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Downtown Toronto / Waterfront
Taxes (2026)
$3,345
Maintenance Fees
$570/mo
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

Loft living in the heart of King West. Suite 411 at 66 Portland is a bright one-bedroom plusden in a boutique nine-storey loft building, and Freed Developments' first project. Designed byCore Architects with interiors by Cecconi Simone, the suite has 10-foot ceilings,floor-to-ceiling windows and wood floors throughout. The open living and dining area is nearly20 feet wide and opens onto a 119 sq ft balcony with a gas line for the BBQ. The kitchenfeatures granite counters, a centre island and stainless steel appliances. The bedroom hassliding glass doors and a wall-length closet, while the separate den near the entry makes anideal home office. The bathroom has a deep soaker tub, and there is ensuite laundry. Parkingand a locker are included.Outside your door, you're surrounded by some of Toronto's best restaurants, cafes and shops,with King West and Queen West both close by. The 504 King streetcar and The Well are justaround the corner.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,334.32/mo

Includes CMHC insurance ($18,132)

$
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5%10%50%

5-yr fixed avg.

Principal: $584,910Interest: $397,255
Mortgage Amount$603,042
Total Interest$397,255
Est. Property Tax$460/mo
Total Cost$1,000,297

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Waterfront Communities C1

Discover Waterfront Communities C1

Waterfront Communities C1 is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Waterfront Communities C1

  • •Convenient location in Downtown Toronto / Waterfront
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Waterfront Communities C1 offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

66 Portland Street Unit 411, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$570
Property Tax (est.)-$460
Insurance (est.)-$135
Net Cash Flow+$1,035

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1083/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $570/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Waterfront Communities C1

I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    66 Portland Street Unit 411 | $649,900 | Battaglia Team