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MLS® listing

123 Portland Street 1007: condo apartment for sale

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$1,169,000

3 bedrooms, 2 bathrooms, Condo Apartment · Waterfront Communities C1 · near Portland and Adelaide

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From the listing brokerage

Client RemarksExperience luxurious living in Toronto's newest mid-rise boutique condo at the prestigious 123 Portland. Parisianchic-inspired boutique condo by Mintos. This stunning 3-bedroom, 2-bathroom corner suite boasts exquisite finishes,soaring 9' ceilings, wide plank hardwood floors, and Caesarstone countertops throughout. The modern kitchen features anoversized breakfast island, built-in Miele appliances, and a stylish backsplash. Enjoy an open-concept living and diningarea with walk-out access to breathtaking city views. The primary bedroom includes a walk-in closet with built-in shelving,a private 3-piece ensuite. And a Juliette balcony in the every room. This suite is fully equipped with smart hometechnology for digital entry and thermostat control. Steps away from King West Fashion District, dining, shopping,entertainment, and multiple commuting options. Welcome to your new home at 123 Portland.

Facts on the listing

Square feet900-999
Approximate age0-5
StyleApartment
BasementNone
Parking spaces1
GarageUnderground
HeatingFan Coil
CoolingCentral Air
Kitchens1
Maintenance fee$1,160
Property tax$6,161
Tax year2026
LockerNone
PetsYes-with Restrictions
ExposureSouth West
Fee includesParking Included, Common Elements Included, Building Insurance Included
BalconyJuliette
LaundryEnsuite
ParkingUnderground
Interior featuresCarpet Free
ViewDowntown, City
Floor10

Listing courtesy of SAGE REAL ESTATE LIMITED. MLS® C13759850.

About this condo apartment

123 Portland Street 1007 is a 3 bedroom condo apartment in TRREB's Waterfront Communities C1 community in Toronto, listed for sale at $1,169,000. The listing shows 2 bathrooms and 900-999 square feet. The style is given as apartment. The unit faces south west. It comes with 1 parking space and an underground garage according to the listing. The nearest main intersection given is Portland and Adelaide. The age is listed as 0-5 years.

These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.

What it costs to buy 123 Portland Street 1007

At the asking price of $1,169,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.

Asking price$1,169,000
Ontario land transfer tax$19,855
Toronto municipal land transfer tax$19,855
Both taxes$39,710
First-time buyer relief, if you qualifyup to $8,475
Minimum down payment$91,900

The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.

What it costs to own each month

Maintenance fee$1,160 a month
Property tax (2026)$6,161 a year, about $513 a month
Fee and tax togetherabout $1,673 a month

The listing says the maintenance fee includes parking, common elements and building insurance. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.

How the asking price compares

TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $1,169,000, which is $619,000 above that median.

The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.

What to check before you make an offer

  1. Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
  2. Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
  3. Confirm the parking and locker. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
  4. Check the reserve fund study. Ask when the last study was done and what it says about contributions.
  5. Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
  6. See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.

Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.

About Downtown Waterfront

A condo market between the rail corridor and the lake, with Union station at its north edge. Almost every sale here is a condo apartment.

Transit: Union station (Line 1 and GO), St Andrew station (Line 1), Exhibition GO to the west, 509 Harbourfront, 510 Spadina and 504 King streetcars, 121 Esplanade-River bus

Property typeMedianSales and average
Waterfront Communities C1, all property types$610,000401 sales, average $730,812
Waterfront Communities C1, condo apartmentAbout $607,000396 sales, average about $726,000
Waterfront Communities C1, condo townhouseAbout $890,0003 sales, average about $927,000
Waterfront Communities C8, all property types$597,500114 sales, average $716,565
Waterfront Communities C8, condo apartmentAbout $595,000113 sales, average about $712,000

Source: TRREB community housing market reports, as set out in the guide.

Questions about Downtown Waterfront

What do waterfront condos in Toronto sell for?

From April to June 2026 TRREB recorded a condo apartment median of about $607,000 across 396 sales in Waterfront Communities C1 and about $595,000 across 113 sales in Waterfront Communities C8.

Is the downtown waterfront a good place to live without a car?

For transit it is well placed, with Union station for Line 1 and GO trains, St Andrew station on Line 1 and the 509 Harbourfront, 510 Spadina and 504 King streetcars. Exhibition GO is to the west.

Are there houses for sale on the downtown waterfront?

Very few. TRREB recorded no detached sales in either community from April to June 2026 and only one or two freehold sales, while 509 of the 515 sales were condo apartments.

Which parks are on the waterfront?

City parks include HTO Park, Sugar Beach Park, Sherbourne Common, Canoe Landing, Roundhouse Park, Berczy Park and David Crombie Park.

Are there community centres and libraries nearby?

Canoe Landing Community Recreation Centre is at 45 Fort York Boulevard and St. Lawrence Community Recreation Centre at 230 The Esplanade. The Toronto Public Library has Fort York and St. Lawrence branches.

Read the Downtown Waterfront neighbourhood guide · All Downtown Waterfront homes for sale

Similar homes for sale in Downtown Waterfront

Questions about 123 Portland Street 1007

How much is land transfer tax on 123 Portland Street 1007?

At the asking price of $1,169,000 the Ontario tax is $19,855 and the Toronto tax is $19,855, $39,710 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.

What is the minimum down payment for 123 Portland Street 1007?

$91,900 at the asking price of $1,169,000, under the federal minimum down payment rules. A lender may require more.

What is the maintenance fee at 123 Portland Street 1007?

The listing shows $1,160 a month, including parking, common elements and building insurance. Check the current fee in the status certificate.

How much is the property tax on 123 Portland Street 1007?

The listing shows $6,161 a year for 2026, about $513 a month.

Is 123 Portland Street 1007 priced above or below the median?

It is listed at $1,169,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $619,000 higher. The median covers all sizes and neighbourhoods.

How do I book a showing for 123 Portland Street 1007?

Use the form on this page or call us. Quote MLS® C13759850. We will confirm the listing is still available and arrange a time with the listing brokerage.

Is 123 Portland Street 1007 still for sale?

This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.

Ask about this home or book a showing

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