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43.73° N · 79.40° W — Toronto & nearby · 9,700 homes for sale today43.73° N · 79.40° W — 9,700 homes today(647) 554-7436Saved

43.6461° N · 79.4006° W — Waterfront Communities C1, Toronto — MLS® #C14119722

409-123 Portland St

$599,000

Waterfront Communities C1, Toronto, Ontario M5V 2N4

1+1
BedroomsBeds
1
BathroomsBaths
600-699 sqft600-699
SizeSq ft

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
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In short · from the listing record

409-123 Portland St is a 1+1-bedroom, 1-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $599,000 (MLS® C14119722).

Perfect for first time buyers & aspiring investors! Welcome to the 123 Portland St. Condos, a recently built Minto residence offering approximately 620 sq. ft. of contemporary living space with desirable south exposure. This thoughtfully designed one-bedroom-plus-den suite features engineered hardwood flooring throughout and a bright open-concept layout. The modern kitchen is equipped with built-in Miele appliances, a ceramic backsplash and centre island, while the living room opens to a Juliette balcony framed by impressive floor-to-ceiling windows. The primary bedroom also enjoys floor-to-ceiling windows and boasts a spacious walk-in closet with custom closet organizers. A separate den provides excellent flexibility as a private home office or compact second bedroom, complemented by a four-piece bathroom with a built-in vanity and tiled flooring, plus convenient an in-suite laundry closet. Maintenance fees include heat, central air conditioning, common elements and building insurance. Exceptional building amenities include a rooftop terrace with community BBQs and skyline views, exercise room, 24/7 concierge, secure parcel storage, bike storage, pet-wash facility and a stylish party room with a kitchen. Ideally located in Toronto's vibrant Entertainment District, moments from the CN Tower, Rogers Centre, Scotiabank Arena, Ripley's Aquarium, Roy Thomson Hall, The Art Gallery of Ontario, The Royal Ontario Museum, Mount Sinai Hospital & celebrated restaurants and premier shopping. Schools nearby include University of Toronto, Toronto Metropolitan University, Jean Lumb Public School, Nelson Mandela Park Public School & more! Enjoy easy access to Queens Quay which provides outdoor waterfront enjoyment like the Harbourfront Centre, Harbour Square Park and Toronto Music Garden. Steps to Union Station, TTC service and the Gardiner Expressway nearby for convenient travel throughout the city and beyond.

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.

  • 39Shortfall

    Cash flow quality

    −$809/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 291 condos with 2 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$3,860 / 2026
MLS® number
C14119722
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
0-5
Time on market
Size
600-699 sqft
Listed on
Parking
Underground, 0 Parking

Listing history

Listing activity for 409-123 Portland St, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$599,000N/AFor SaleC14119722

Inside

Room by room

From the listing.

Flat5 rooms
  • Primary2.7 × 3.2 mCloset Organizers, Window Flr to Ceil, W/I Closet
  • Den2.19 × 2.71 mSeparate Rm, hardwood floor, Combined W/Kitchen
  • Kitchen3.15 × 3.28 mB/I Appliances, Ceramic Back Splash, Centre Island
  • Living3.15 × 6.98 mJuliette Balcony, Open Concept, hardwood floor
  • Bathroom1.57 × 2.43 m4 Pc Bath, B/I Vanity, Tile Floor

Property

Property Type
Condo Apt
Style
Apartment
Community
Waterfront Communities C1
Municipality
Toronto

Building

Size
600-699 sqft
Building Age
0-5
Construction
Concrete

Inside

Bedrooms
1+1
Bathrooms
1
Bathroom Details
1 × 4pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Additional Parking
0
Total Parking
0

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Osgoode StationTTC subway: Line 1 Yonge-University1.2 km
St Andrew StationTTC subway: Line 1 Yonge-University1.3 km
St Patrick StationTTC subway: Line 1 Yonge-University1.4 km
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train1.7 km
Queen's Park StationTTC subway: Line 1 Yonge-University1.7 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
632
Median asking price
$629K

Middle half: $539K to $836K

New in 7 days
69

253 in 28 days

Price cuts
21%

132 listings

This home is asking 5% below the median.

See all homes in Waterfront Communities C1

Asking 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 record126 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
$8,455
Toronto municipal land transfer tax
$8,455
Total land transfer tax
$16,910
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$8,435
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 $599,000
$3,980
Ontario total
$8,455

Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,455.

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.

Price$599,000

A month, all in

$3,809

  • Mortgage$2,733
  • Property tax$322
  • Condo or maintenance fee$754

A planning figure, not a quote.

Land transfer tax

$16,910

$8,435 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$3,000

a month, median asking rent of 291 similar homes in Waterfront Communities C1.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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(647) 554-7436

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