$799,000 - 75 Portland Street Unit 424, Downtown Toronto
Condo for Sale in Downtown Toronto
48 days on market- MLS Number
- C13068094
- Property Type
- Condo
- Status
- active
- Days on Site
- 48
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX CONDOS PLUS CORPORATION
Experience the best of King West Loft living at Seventy5 Portland. This supersized 1-Bedroom + Den, 2-bathroom corner suite is where bold design meets unbeatable lifestyle. Relax & Unwind with almost 1,000 SF of modern, open-concept space curated for both function and flair. Enjoy Soaring 9-ft exposed concrete ceilings, and south-facing floor-to-ceiling windows that flood the home with natural light. White Modern Cabinetry, Hardwood Floors, Quartz Countertops & Full-sized Stainless Steel Appliances accent an Oversized Kitchen Island that creates a stylish hub perfect for everyday living or effortless entertaining. Retreat to your king-sized Primary Bedroom, complete with a large walk-in closet and a luxurious 4-piece ensuite featuring a Soaker Tub and separate glass-enclosed shower. The versatile 11.28 Ft x 10 Ft den with a full window offers the ideal flex space for a dining room, home office, guest suite, gym or creative studio. Step out through the Double Glass Sliding Doors to your private south-facing terrace with a gas BBQ hookup with City & Sunset Views. This is the ultimate urban oasis where you can relax, entertain, and soak in the city skyline. Perfectly positioned in Toronto's thriving Fashion District, you're steps to King Street West, Victoria Memorial Square Park, Shops & Restaurants at The Well, Queen West, world-class dining, and even Billy Bishop Airport & the Waterfront Trails. A Perfect 100/100 Walk & Transit Score! Parking, Locker, and Bicycle Rack included...because true downtown living shouldn't mean making any compromises. Ready to elevate your lifestyle? Suite 424 isn't just a condo, it's your next great chapter in refined Urban Living. Dare to compare....exceptional value and location.... see Video Tour for more!
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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 424, Downtown Toronto / Waterfront
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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 $888/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 48 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 900 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 $3,329 (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.