123 Portland St S 610
Waterfront Communities C1, Downtown Toronto, M5V 0V9
FOR SALE
$870,000
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Property Description
This stunning 1-bedroom plus den (easily convertible to a 2nd bedroom) 1-bath condo at 123 Portland blends modern luxury with classic Parisian charm. This unit boasts 9-foot smooth-finish ceilings and high quality vinyl floors. Juliette balcony with French doors. Open concept kitchen features a central island, Miele appliances, and Caesarstone countertops. The primary bedroom includes a large double closet with organizers. Steps from restaurants, shops, grocery stores, and with easy access to TTC and highways, convenience is at your doorstep. South facing, light drenched, unobstructed view of the King West neighborhood. 1000s spend on upgrades. See attached feature list
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Extras
Quartz Counter Tops & Backsplash, Washer, Dryer, Integrated Dishwasher, cooktop, oven, b/i microwave, Solar blinds in living room and blackout in bedroom
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Other
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Concrete
Heat Type
Heat Pump
Heat Source
Propane
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
123 Portland St S 610 is a 1-bedroom 1-bathroom condo listed for sale at $870,000, which is $303,436 (53.6%) higher than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Cityscape Real Estate Ltd.
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