$695,000 - 75 Portland Street Unit 104, Downtown Toronto
Condo for Sale in Downtown Toronto
160 days on market- MLS Number
- C12660826
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Discover 828 square feet of refined, contemporary living in this spacious 1-bedroom loft at 75 Portland - an architectural landmark designed with Philippe Starck's unmistakable vision. *****Now offered at an unbeatable value at $839/sqft***** Set on the main level and quietly tucked away from the energy of King and Portland, this suite offers a rare sense of calm in the heart of downtown's most vibrant neighbourhood. Inside, the loft unfolds with effortless flow. A sleek, oversized kitchen with a centre island anchors the space, creating a natural environment for gathering and entertaining. The open-concept layout offers generous room for a home office while maintaining a warm, inviting atmosphere throughout. Step outside to a private 100 sqft terrace with BBQ gas line - an intimate outdoor retreat that feels like an extension of the living space. Perfect for slow mornings, relaxed evenings, or alfresco moments that elevate everyday living. The tranquil bedroom features wall-to-wall closets that blend clean design with exceptional storage. A well-appointed four-piece bath completes the suite with a thoughtful, timeless finish. As one of King West's most design-forward communities, 75 Portland offers residents access to its bold open-air courtyard and Starck's signature 100-foot indoor-outdoor communal table - amenities that blur the boundaries between architecture, art and urban life. Placed within one of King West's most walkable pockets, you're steps to Victoria Memorial Square, St. Andrew's Dog Park, Stanley Park and the endless cafés, boutiques, restaurants and fitness studios of King West, Queen West, and The Well. Here, design, convenience, and city living converge in a way that feels both vibrant and deeply peaceful. A truly rare offering - come experience it for yourself. ***Inclusive of parking and locker***
Estimate your monthly payments for this property
Estimated Payment
$3,565.71/mo
Includes CMHC insurance ($19,391)
5-yr fixed avg.
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.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
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
Downtown Toronto / Waterfront 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.
75 Portland Street Unit 104, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $869/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.
Negotiation Opportunity
At 160 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 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.
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 $2,896 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.