43.6461° N · 79.4006° W — Waterfront Communities C1, Toronto — MLS® #C14152072
601-123 Portland St
$770,000
Waterfront Communities C1, Toronto, Ontario M5V 0V9
- 2+1
- BedroomsBeds
- 2
- BathroomsBaths
- 800-899 sqft800-899
- SizeSq ft
Inquire about this listing
In short · from the listing record
601-123 Portland St is a 2+1-bedroom, 2-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $770,000 (MLS® C14152072).
Welcome to 123 Portland, this brand new move-in ready suite offers 2-bedrooms 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.
Listing readings
How it measures up
Scores from the listing record and the market around it.
66Fair
Condition score
4 condition-related facts documented
Listing age, structured features and disclosed update language; not an inspection.
55Near break-even
Cash flow quality
−$227/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 68 condos with 3 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- MLS® number
- C14152072
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- New
- Time on market
- Size
- 800-899 sqft
- Listed on
- Parking
- Underground, 0 Parking
Listing history
Listing activity for 601-123 Portland St, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $770,000 | N/A | For Sale | C14152072 |
Inside
Room by room
From the listing.
- Living3.04 × 9.95 mJuliette Balcony, Combined W/Dining, Open Concept
- Dining3.05 × 9.96 mCombined W/Kitchen, Combined W/Living, Open Concept
- Kitchen3.05 × 9.96 mCombined W/Dining, Combined W/Living, Open Concept
- Primary2.74 × 3.2 m3 Pc Ensuite
- 2nd Br2.43 × 2.43 m
- Den1.85 × 2.56 m
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Building Age
- New
- Construction
- Concrete
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Flat, 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Fan Coil
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.2 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.7 km |
| Queen's Park Station | TTC subway: Line 1 Yonge-University | 1.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Around it
Condo Apt in Waterfront Communities C1
Active listings only, today.
Condos for sale in Waterfront Communities C1 right now
- For sale now
- 634
- Median asking price
- $630K
- New in 7 days
- 78
- Price cuts
- 21%
Middle half: $539K to $837K
258 in 28 days
132 listings
This home is asking 22% above the median.
See all homes in Waterfront Communities C1Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- Heritage and ravineAppliesOn the Heritage Register — Part V, by-law 1120-2024
- Heritage and ravineAppliesIn the King-Spadina Heritage Conservation District, by-law 1111-2017
- Heritage and ravineNone foundNot in the mapped ravine protection area
- ZoningCRE (x18)Commercial Residential Employment zone (CRE) · Chapter 50, section 50.10 of By-law 569-2013 · Exception 900.12.10(18)
- Permits11 clearedSign Building Permit Related Issued November 3, 2025 · Sign Building Permit Related Completed July 29, 2025 · Electromagnetic Locks Issued May 30, 2025 · Sign Building Permit Related Issued April 16, 2025 · Sign Building Permit Related Completed March 19, 2025 · Building Permit Related(MS) Issued January 22, 2025 · Building Permit Related(PS) Issued January 22, 2025 · Interior Alterations Issued December 20, 2024
- Signals nearby6 to note135 PORTLAND ST, Condominium, 40 m away · 137 PORTLAND ST, Condominium, 40 m away · 139 PORTLAND ST, Condominium, 50 m away · 141 PORTLAND ST, Condominium, 50 m away · 143 PORTLAND ST, Condominium, 60 m away · 115 PORTLAND ST, Site plan, 60 m away
- ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- railOn recordNearest rail line: 560 m
- trailOn recordA trail on the Ontario trail network within 1 km
- permitsOn record125 building permits issued within 250 m in the last 2 years
- devappsOn record49 open development applications within 250 m An application is a proposal: it may change, be refused or never be built.
- airportOn recordNearest airport: 1.4 km
- parcelOn recordMapped parcel: about 6,210 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
- water wellsNone in rangeNo water-supply well recorded within 250 m 138 test or monitoring holes also recorded.
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiNone in rangeNo federal contaminated site within 1 km The federal inventory covers federal land only; it says nothing about provincial or private sites.
- electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.
City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Land transfer tax on this home
- Ontario land transfer tax
- $11,875
- Toronto municipal land transfer tax
- $11,875
- Total land transfer tax
- $23,750
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $15,275
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $770,000
- $7,400
- Ontario total
- $11,875
Toronto’s municipal tax uses the same brackets at this price, so it adds another $11,875.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- St Mary Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion75%Grade 6 average350 m
- Ogden Junior Public SchoolToronto DSBPublic · grades JK–672%Grade 6 average600 m
- Ryerson Community School Junior SeniorToronto DSBPublic · grades JK–8 · French Immersion52%Grade 6 average600 m
- École élémentaire Pierre-Elliott-TrudeauConseil scolaire ViamondeFrench-language public · grades JK–694%Grade 6 average1.3 km
SecondaryGrade 9 math 2024–25
- Heydon Park Secondary SchoolToronto DSBPublic · grades 9–128%Grade 9 math1.1 km
- Subway Academy IIToronto DSBPublic · grades 9–12—1.2 km
- Msgr Fraser College (Southwest)Toronto CDSBCatholic · grades 9–12—1.7 km
- Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–1286%Grade 9 math2.6 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$4,477
- Mortgage$3,513
- Condo or maintenance fee$964
A planning figure, not a quote.
Land transfer tax
$23,750
$15,275 for first-time buyers; Toronto adds its own tax.
Rent, similar homes
$4,250
a month, median asking rent of 68 similar homes in Waterfront Communities C1.
Community
Who lives around it
Similar homes
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Shemeer AhmadVALERY REAL ESTATE INC.
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