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    PH 712 - 156 Portland St

    For SaleQueen & Portland Loft + Condo Residences
    $1,895,000
    2 Beds
    2 Bath
    2 Parking
    1,378 SQFT
    56 Days on Strata
    Est Sell Timeframe
    31 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $1,162/mth
    Taxes:
    $6,116 (2024)
    Cost Per Sqft:
    $1,375/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South East
    Possession Date:
    As Soon As Possible
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Windows Floor to Ceiling, Hardwood Floor
    16.47 x 17.78ft
    Dining
    Built-in Bar, Walkout To Terrace
    11.06 x 17.78ft
    Kitchen
    Stainless Steel Appliances, Open Concept, Breakfast Bar
    8.99 x 9.88ft

    About this Listing

    A home, a moment, a feeling. More than just a condo the minute you step into this penthouse at King and Portland youll know youve found something extraordinary.2 bedrooms, 2 side-by-side parking spots and a private hot tub atop your ~50ft long private terrace with the most spectacular CN Tower and city views, visible in every room of this propertynearly impossible to find in a boutique, low-rise building!An expansive, sun-drenched space with clean sight lines allows you to see all the way through this custom-finished Penthouse from the moment you walk in. Upgrades include kitchen cabinetry and hardware, custom lighting and a Lutron lighting system, solid white oak doors, and newly laid engineered flooring throughout. The primary suite features space for a king bed, a 16-foot-long walk-in closet, a separate closet for shoes and linens and a walkout to the south-facing balcony thats flooded with sun even in the winter months. The Ensuite has his and hers sinks, a deep soaker tub, wall-to-wall tiles and heated floorsyoull love it!The second bedroom is spacious and can double as a luxe office or guest bedroom depending on your lifestyle. The second bathroom features a moody design, frameless shower and wall-to-wall tiles. In or out, entertain in comfort and style! You and your guests will love the proper dining room with a custom built-in bar, outdoor dining space, private hot tub, gas BBQ and gas fire pit.They dont build them like this anymore. A corner unit with a split floor plan that offers privacy so you can live, relax and entertain with no overlook. Proportions and privacy like this are a rare find! A must-see at twilight, this home lights up with the city and has a truly magical allure. Loblaws in building. Walk to one of many amazing restaurants in King West, Kensington, or Entertainment District.Queen and Portland is an intimate end-user building suites rarely for sale, many original purchasers still own.

    ExtrasWell run, excellent management, gym and an 8-hour concierge. Updates to hallways and amenities completed with surplus not impacting already low condo fees! Plus taxes are lower than any new building. 2nd Parking rented $225/month

    keller williams referred urban pierre carapetian group realtyMLS® #C9298742


    Amenities

    Bike Storage
    Concierge
    Gym Room
    BBQs Allowed
    Party Room
    Rooftop Deck

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Queen & Portland Loft + Condo Residences vs The Queen West Area

    Days on Strata

    Units at Queen & Portland Loft + Condo Residences spend an average of
    30
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    above
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    6.7
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    31st
    Highest price per SQFT out of 47 condos in the Queen West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

    Queen & Portland Loft + Condo Residences offers the
    ?
    best value out of 47 condos in the Queen West neighbourhood

    Appreciation Rank

    Queen & Portland Loft + Condo Residences has the
    ?
    highest ROI out of 47 condos in the Queen West neighbourhood

    Rental Yield

    Queen & Portland Loft + Condo Residences yields the
    ?
    highest rent prices out of 47 condos in the Queen West neighbourhood

    High Demand

    Queen & Portland Loft + Condo Residences is the
    ?
    most popular building out of 47 condos in the Queen West neighbourhood

    Transaction Insights at 156 Portland Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$565,000 - $965,000$650,000No DataNo DataNo Data
    Avg. Cost Per Sqft$813$871No DataNo DataNo Data
    Avg. Wait for Unit Availability142 Days447 Days581 Days282 Days414 Days
    Ratio of Units in Building64%13%7%7%10%

    Transactions vs Inventory

    Total number of units listed and sold in Queen West