156 Portland Street, Toronto, ON

$2,700
MLS#:C13447906
1 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment 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 $2,700 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 600-699 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Queen & Portland (156 Portland) is a rare boutique building with only 96 residences spread across 7 floors providing an intimate & private place to call home within the vibrant Queen West Neighbourhood.Built by Tribute Communities, an award-winning developer, with over 40 years of experience. Tribute has built over 40,000 homes and is one of the most reputable developers in the country. The building provides residents with direct underground access to Loblaws, making grocery runs convenient, even in the middle of the coldest winters. Enjoy magnificent sunrises over the CN Tower from the 250 SQ FT private Terrace. The private terrace has incredible depth, and the built-in gas line, allows you to entertain and host BBQs all summer long. Forget patio season, your next home at 156 Portland will unlock Terrace Season. Suite 417 is a rarely built 676 SQ FT 1 Bedroom plan that differs from the average downtown condo in every shape & form. Entertain or dine alone, after prepping meals on your 8' Quartz island, that is book-matched to the Quartz countertops.The suite features a wide-open, square living area that has a designated TV wall, and allows for furniture to be laid out in a variety of of ways. Walk to the top-rated restaurants in the city within walking distance, grab your croissants in the AM at Geste before grabbing lunch at Campechano. Enjoy an active downtown lifestyle as suite 417 is walking distance to all things health and wellness. Start your morning with a boot camp at Barry's before unwinding at Othership to end the day.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusLeased
Listed Date6/15/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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156 Portland Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 156 Portland Street 417, Toronto C01, ON M5V 0G1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$135 (5.0%)
* Minimum Canadian down payment required for this price is $135.
Amortization Period25 Years
Estimated Monthly Payment$15Based on a loan of $2,565 over 25 years.
Purchase Price$2,700
Loan Amount$2,565
Provincial Land Transfer Tax:$14
Toronto Municipal Land Transfer Tax:$14
Total Estimated Closing Taxes:$27

About Purchasing a Home in Toronto, ON

For a property listed at $2,700 in Toronto, the legal minimum down payment is $135 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 $14 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14 also applies, bringing the total estimated land transfer taxes to $27.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$791,628

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.