123 Portland St #205, Toronto

Name: 123 Portland Street, Unit 205
SKU: C13792004
Price: 570000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 205 at 123 Portland Street

Welcome to 123 Portland, this brand new move-in ready suite offers 1-bedroom 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.

1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $950 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 #205

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

Garage: Yes
Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

123 Portland St #205 Price & Sale History

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

Sep 16, 2026For saleListedThis listingMLS® C13792004$570,000

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

What's it worth?

How 123 Portland St #205 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

Above Market· based on 16,043 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: $844,900
Average sold price: $1,085,898
Average days on market: 32
Homes sold: 9,125

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$844,900Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,938Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.

Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 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 205 — 123 Portland Street 1 bd · 1 ba · 600 sqft	$570,000asking	$950	—	—
39 Queens Quay 1 bd · 2 ba · 700 sqft
150 Logan Avenue 3 bd · 2 ba · 1,000 sqft
100 Dalhousie Street 2 bd · 2 ba · 800 sqft
27 Bathurst Street 2 bd · 2 ba · 600 sqft
85 Skymark Drive 1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue 1 bd · 1 ba · 500 sqft

39 Queens Quay
1 bd · 2 ba · 700 sqft
150 Logan Avenue
3 bd · 2 ba · 1,000 sqft
100 Dalhousie Street
2 bd · 2 ba · 800 sqft
27 Bathurst Street
2 bd · 2 ba · 600 sqft
85 Skymark Drive
1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue
1 bd · 1 ba · 500 sqft

More in this building

5 for sale · 5 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

Queen StationLine 1720 m9 min walk
King StationLine 1810 m10 min walk
TMU StationLine 1880 m11 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

Queen Station (Line 1)9 min walk
King Station (Line 1)10 min walk
TMU Station (Line 1)11 min walk

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

Queen Station
720 m9 minClosest· Line 1
Homes near Queen Station
King Station
810 m10 min· Line 1
Homes near King Station
TMU Station
880 m11 min· Line 1
Homes near TMU 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 #205. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 123 Portland St #205

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

Mortgage: $2,800; 20% down · 25 years · 5.5% assumed
Property tax: $314; 0.66% mill rate · ON
Total per month: $3,114; 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

$2,800

/mo

based on the purchase price of $570,000

Down payment20%

$114,000 cash

Amortization25 yr

$456,000 financed

Rate5.50%

$384,072 total interest

Principal54%$456,000

Interest46%$384,072

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 #205

How much is 123 Portland St #205 listed for?

123 Portland St #205 is listed at $570,000 (MLS® C13792004). Summitly updates the price as soon as the MLS® record changes.

Is $570,000 a good price for 123 Portland St #205?

Summitly rates it Above Market: the asking price is 5% to 15% 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 #205 changed?

No — 123 Portland St #205 is still listed at its original asking price of $570,000.

How many bedrooms and bathrooms does 123 Portland St #205 have?

123 Portland St #205 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 #205 close to transit?

The nearest rapid-transit station is Queen Station (Line 1), about 720 m (about a 9-minute walk) in a straight line. King Station is about 810 m (about a 10-minute walk), and TMU Station is about 880 m (about a 11-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 #205?

About $2,800 a month — principal and interest on $570,000 with 20% down ($114,000), 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 #205 compare with other homes in Toronto?

Its asking price of $570,000 is about 33% below the median sold price in Toronto over the last 90 days, $844,900, across 9,125 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 #205 been sold before?

Summitly has no earlier MLS® sale or lease of 123 Portland St #205 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 123 Portland St #205?

123 Portland St #205 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 123 Portland St #205 been on the market?

53 days — 123 Portland St #205 was listed on September 16, 2026.

What is the price per square foot of 123 Portland St #205?

About $815 to $950 per square foot: the asking price of $570,000 over the 600–699 sq ft the listing gives as its size range.

Does 123 Portland St #205 have parking or a garage?

Garage: Yes.

What you should know