66 Portland Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $485,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available
- Notable attributes: Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This beautifully maintained and move-in-ready apartement offers the perfect blend of style, character, and urban convenience. Located on the top residential floor of a 9-storey boutique building with only 82 lofts, this residence is part of one of the original King West soft-loft developments by Peter Freed at the iconic King & Portland intersection. The building retains its authentic loft character and offers exceptional value, with monthly common element fees of just $379.25-among the lowest in the building. Residents benefit from a healthy reserve fund of approximately $1.69 million, with no fee increase planned through 2026, while individually sub-metered hydro ensures you pay only for your actual electricity usage. Freshly painted throughout and featuring a brand-new dishwasher, stove, and microwave, the suite showcases an upgraded kitchen with quartz countertops and stainless steel appliances. Soaring 10-foot exposed concrete ceilings and floor-to-ceiling windows create a bright, airy atmosphere, while the generously sized bedroom provides a comfortable retreat. Enjoy unobstructed north-facing views of the Toronto skyline from your private terrace, complete with a dedicated gas BBQ hookup for effortless outdoor entertaining. Just steps from parks, acclaimed restaurants, cafés, shopping, nightlife, and TTC transit, this exceptional home places the very best of downtown Toronto right at your doorstep.
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Pricing & Value Insights
Data-driven valuation for 66 Portland Street 807, Toronto C01, ON M5V 2M6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $485,000 in Toronto, the legal minimum down payment is $24,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,175 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,175 also applies, bringing the total estimated land transfer taxes to $12,350.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
