Platinum VIP Pricing & Floor Plans
First Access to the Best Availability
Capped Development Levies
Free Lawyer Review of Your Purchase Agreement
Free Mortgage Pre-Approval Arrangements
Free Rental & Property Management for the First Year
One Stop Shop for All Yor Real Estate Needs
[Condo Name]: 123 Portland Condos
[Location]: 123 Portland St,Toronto, ON M5V 2N4
[Develop]: Minto Communities Canada
[Number of Storey]:27
[Number of Units]: 371
[Occupancy Date]: May 2023
[Price]: 400’s over
Condo Project Summary
You can’t beat this new development placement in the city. The site is undeniably central, and ideal for experiencing all the food, shopping and entertainment the community has to offer.
123 Portland Condos is a new condo development by Minto in the heart of Toronto, this new pre-construction project is located at 123 Portland Street at Adelaide and Portland in the fashion district.
It will be a proposed 45 metres high with 15 storeys, 116 luxury suites with sizes ranging from 483 sq.ft to 2,000 sq.ft and boast design by Sweeney & Co.
Investors will want to keep an eye on the development which is projected to be mixed-use, with retail space at its podium and ample residential space sitting on top.
123 Portland Condo development is ideal for those in the city especially due to its wide variety of unit layouts being offered. Residents will have their choice of proposed 1 one-bedroom suites, 66 two-bedroom suites, 23 two-bedroom suites with dens, and 27 three-bedrooms. The project truly will suit any living arrangement or lifestyle.
The building will have a total of a whopping 116 residential units available and buyers and investors will want to act quickly. After all, students, business professionals and young families alike will all see advantages in this dwelling that promises to have something for everyone.
The at grade ground floor of the project will act as retail space, fronting Adelaide Street. The floor will ultimately hold 2,906.26 sq. ft. of retail, another aspect that will peak investor interest. As mentioned, floors two through to 15 will house residences and amenities are located on the 14th floor.
Residents will be able to utilize an accumulated 4,521 sq. ft. of outdoor amenity space. The luxurious amenities you will find at 123 Portland are 24 hour concierge, JUDO water filtration system, intimate residents' lounge, fitness studio, party room, kitchen bar with private dining, indoor and outdoor lounge - with expansive views. Intelligent next generation smart living technology package for convenience and security. Features will be 9ft smooth finish ceilings and 10ft smooth finish ceiling on PH level, terraces will have natural gas hookup for BBQ and hose bib. Designer kitchens with integrated Miele appliances and islands in suites as per plan.
Residents can also expect to have parking options, as the building has proposed 32 parking spaces in the underground garage’s second level. Cyclists can also start looking forward to the proposed 106 bicycle spaces slated for the mezzanine level.
123 Portland Condos will replaced Adelaide’s single-storey commercial building that was once occupied by a Para Paints store. It will also take the place on a strip along Portland where three 2-storey row houses currently stand. These dwellings have already been considered and it has been deemed that they do not contribute to the impending King Spadina Heritage Conservation District. In short, it looks like the area can look forward to some sleek, modern rejuvenation.
The building’s minimalist, sleek exterior complete with glass panelling allows it to fit right in with the modern developments that have already started to make home in the city. Investors will want to keep an eye on the already flourishing neighbourhood that never fails to outdo itself with urban additions that bring something truly special to the city.
Location & Neighbourhood
You really can’t beat this tower’s location of King and Spadina -- and its impressive walk score of 98 out of 100 proves it. Tack on its transit score of 100 and you can guarantee that investors will want to pay attention to the variety of residents this development will attract.
Students, business professionals and families alike will all flock to this project located in the center of it all.
Early morning and late night classes won’t be an object for students who will find themselves steps away from public transit like the TTC to get to and from school. Campus’ of the city’s major universities like Ryerson University,University of Toronto and OCAD will be easily accessible to students. Even transit to York University will be seamless thanks to the subway extension.
Business professionals will also thrive at this location, being close to the plentiful opportunities to succeed in hubs like the Financial District and Entertainment district. The options will be at their fingertips.
123 Portland Condo Developer
Minto Group is an Ottawa-based company founded over 60 years ago. They are a family-based business that has a reputation for building well-designed homes that create sustainable and long-lasting communities. They work to bring quality and integrity to all their projects across Canada and they believe in continuously striving to improve. They pride themselves on providing the best customer service and their values are what makes them one of the most experienced developers in the GTA.