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123 Portland

502 Adelaide St W, Downtown

Features

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Price/Sqft Range

496 sqft - 1789 sqft

Avg Price/Sqft

$940 / sq. ft.

Completed

Built: 2024

Building Scale

Floors: 14 | Total Units: 117

Building Details

Building Type

High-Rise condo

Property Management

Built in 2024

Condo Corp

TSCC-3064

Date Registered

Jun 5, 2024

Maintenance Fees Include

Common Element

Building Insurance

Water

Internet

Description

About 123 Portland

  • Address: 502 Adelaide St W & 123 Portland St, Toronto
  • Neighbourhood: Fashion District (Waterfront Communities C1)
  • Storeys: 14
  • Units: 117
  • Built Year: 2024
  • Builder: Minto Communities
  • Building Type: High-Rise Condo
  • Suite Sizes: 496 sqft - 1789 sqft
  • Average Price: $940 / sq. ft.

Overview of 123 Portland

123 Portland is a boutique residential development completed in 2024. The building uses a "pre-modern" aesthetic inspired by Parisian block designs, blending European traditions with Toronto's local loft style.

The 14-storey structure reaches 45 metres in height and features off-white precast frames and weathered steel detailing. A grid-like pattern of French doors and Juliette balconies defines the facade. The lobby entrance is marked by two-storey brass-lined arches.

Interiors use a light palette and smooth stone finishes. Double-door openings are utilized to increase natural light and airflow within the units.

Suite Sizes & Value

Suites at 123 Portland range from 496 square feet to 1,789 square feet. The building offers one, two, and three-bedroom floor plans.

Every suite uses stone finishes and textured surfaces. The architectural design prioritizes light through the use of grand double doors.

The building presents an Average Price: $940 / sq. ft. This value reflects its status as a newly completed residence in the Fashion District.

Building Amenities & Features

  • Outdoor Space: 4,521 square feet of outdoor amenity areas.
  • Concierge: 24-hour service.
  • Fitness Studio: Equipped gym for residents.
  • Residents' Lounge: Social space with classical design elements.
  • Social Facilities: Party room and a kitchen bar with private dining.
  • Rooftop Lounge: Indoor and outdoor area with views of the Toronto skyline.
  • Water Filtration: Equipped with a JUDO water filtration system.

Location Highlights

  • Primary Intersection: Portland St and Adelaide St W, near Bathurst St.
  • Transit: Steps from TTC streetcar stops with access to the Gardiner Expressway.
  • Neighbourhoods: Positioned between the King West and Queen West districts.
  • Education: Near the University of Toronto St. George Campus.
  • Dining: Immediate access to restaurants along the streetscape.

Lifestyle Near 123 Portland

The lifestyle at 123 Portland is defined by its location in the Fashion District. Residents have immediate access to shopping, food, and entertainment in a central urban setting.

The boutique scale of the building provides a private living environment. It caters to professionals who require proximity to the city's social and commercial core.

About the Developer

Minto Communities, a division of Minto Group Inc., is an Ottawa-based family business with over 65 years of experience in the Canadian real estate industry. They focus on sustainable building and craftsmanship in the Greater Toronto Area. Their portfolio includes Toronto projects such as Minto 775 King West, The Saint, and Minto Water Garden.


Waterfront Communities C1 Insights

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Generated based on property type and location. Average values are derived using median calculations.