123 Portland St #409, Toronto

Name: 123 Portland Street, Unit 409
SKU: C13695266
Price: 650000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 409 at 123 Portland Street

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.

1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $1,083 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 123 Portland St #409

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 600-699 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

123 Portland St #409 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 20, 2026For saleListedThis listingMLS® C13695266$650,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 123 Portland St #409 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 15,938 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,081,109
Average days on market: 31
Homes sold: 9,511

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,400Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.

Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 409 — 123 Portland Street 1 bd · 1 ba · 600 sqft	$650,000asking	$1,083	—	—
327 King Street 1 bd · 1 ba · 500 sqft
455 Wellington Street 2 bd · 2 ba · 1,000 sqft
18 Sommerset Way 1 bd · 1 ba · 600 sqft
20 O'Neill Road 2 bd · 2 ba · 800 sqft
2885 Bayview Avenue 2 bd · 2 ba · 700 sqft
18 Lower Village Gate 2 bd · 2 ba · 1,400 sqft

327 King Street
1 bd · 1 ba · 500 sqft
455 Wellington Street
2 bd · 2 ba · 1,000 sqft
18 Sommerset Way
1 bd · 1 ba · 600 sqft
20 O'Neill Road
2 bd · 2 ba · 800 sqft
2885 Bayview Avenue
2 bd · 2 ba · 700 sqft
18 Lower Village Gate
2 bd · 2 ba · 1,400 sqft

More in this building

4 for sale · 4 for rent at 123 Portland St — plus its sale and lease history.

See all of 123 Portland St

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Osgoode StationLine 11.2 km15 min walk
St. Andrew StationLine 11.3 km16 min walk
St. Patrick StationLine 11.4 km17 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Osgoode Station (Line 1)15 min walk
St. Andrew Station (Line 1)16 min walk
St. Patrick Station (Line 1)17 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Osgoode Station
1.2 km15 minClosest· Line 1
Homes near Osgoode Station
St. Andrew Station
1.3 km16 min· Line 1
Homes near St. Andrew Station
St. Patrick Station
1.4 km17 min· Line 1
Homes near St. Patrick Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 123 Portland St #409. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 123 Portland St #409

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,193; 20% down · 25 years · 5.5% assumed
Property tax: $358; 0.66% mill rate · ON
Total per month: $3,551; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,193

/mo

based on the purchase price of $650,000

Down payment20%

$130,000 cash

Amortization25 yr

$520,000 financed

Rate5.50%

$437,976 total interest

Principal54%$520,000

Interest46%$437,976

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 123 Portland St #409

How much is 123 Portland St #409 listed for?

123 Portland St #409 is listed at $650,000 (MLS® C13695266). Summitly updates the price as soon as the MLS® record changes.

Is $650,000 a good price for 123 Portland St #409?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 123 Portland St #409 changed?

No — 123 Portland St #409 is still listed at its original asking price of $650,000.

How many bedrooms and bathrooms does 123 Portland St #409 have?

123 Portland St #409 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.

Is 123 Portland St #409 close to transit?

The nearest rapid-transit station is Osgoode Station (Line 1), about 1.2 km (about a 15-minute walk) in a straight line. St. Andrew Station is about 1.3 km (about a 16-minute walk), and St. Patrick Station is about 1.4 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 123 Portland St #409?

About $3,193 a month — principal and interest on $650,000 with 20% down ($130,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 123 Portland St #409 compare with other homes in Toronto?

Its asking price of $650,000 is about 23% below the median sold price in Toronto over the last 90 days, $840,000, across 9,511 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 123 Portland St #409 been sold before?

Summitly has no earlier MLS® sale or lease of 123 Portland St #409 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 123 Portland St #409?

123 Portland St #409 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 123 Portland St #409 been on the market?

67 days — 123 Portland St #409 was listed on August 20, 2026.

What is the price per square foot of 123 Portland St #409?

About $930 to $1,083 per square foot: the asking price of $650,000 over the 600–699 sq ft the listing gives as its size range.

Does 123 Portland St #409 have a basement, and is it finished?

The listing says 123 Portland St #409 has no basement.

What you should know