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    PH6 - 550 Front St W

    For SalePortland Park Village Condos
    $1,199,000
    2 Beds
    2 Bath
    1 Parking
    1,200 SQFT
    80 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $940/mth
    Taxes:
    $4,406 (2024)
    Cost Per Sqft:
    $999/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Terrace
    Exposure:
    South
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    2 Piece Bath, Marble Floor
    4.89 x 6.73ft
    Living
    Combined with Dining, Ceramic Floor, Fireplace
    20.54 x 11.68ft
    Dining
    Ceramic Floor, Combined with Living, Window
    14.6 x 7.64ft

    About this Listing

    Discover the epitome of urban sophistication with our latest offering in the heart of King West Village. This stunning suite in the established Portland Park Village boasts an expansive layout spread across a total of approximately 1200 sq. ft. of living space, complemented by a 550 sq. ft. private rooftop terrace. The terrace has a gas-equipped BBQ for your outdoor culinary adventures as well a pergolas, bar & ampule seating for out door entertaining. The terrace provides breathtaking panoramic views of the city skyline, ensuring an unrivaled ambiance for entertaining & tranquil relaxation. The interior of this residence is equally impressive, featuring two well-proportioned bedrooms, with offering ample space. The open-concept kitchen & living area provide a seamless flow, with a design that accommodates full-sized furnishings without compromise. High 9' ceilings enhance the sense of space throughout, while the suite's southern exposure floods the home with natural light, accentuating the panoramic vistas. The kitchen is a chef's delight with impeccable stone countertops & a full suite of stainless steel appliances, while the convenience of a pantry & a gas fireplace adds to the home's comfort & functionality.The attention to detail continues with luxurious ceramic flooring throughout, a spacious 4-pc bathroom featuring a soaker tub & stacked washer & dryer laundry on the upper level, and a convenient 2-pc power room on the main level. Residents will also enjoy the added amenities of the building, including a well-equipped fitness centre. With its close proximity to transit options, this suite is not only a haven of luxury but also offers the ultimate in convenience for those seeking a vibrant lifestyle in downtown Toronto. This is an exceptional opportunity for down sizers seeking the perfect blend of community and city living in a respectful, homeowner-filled building. Close to shopping, Billy Bishop Airport, CNE grounds, restaurants & historic Fort York.

    ExtrasStainless Steel appliances, fridge, stove, dishwasher, microwave, washer & dryer, existing window coverings, roof top Pergola, patio furniture, gas Barbeque, outdoor gas heater, roof top hose attached to outdoor water line& existing Elfs

    century 21 heritage group ltd.MLS® #C9295794


    Amenities

    Security System
    Visitor Parking
    Concierge
    Gym Room
    Bike Storage
    Rec Room

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    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
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Portland Park Village Condos vs The King West Area

    Days on Strata

    Units at Portland Park Village Condos spend an average of
    13
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    3.8
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    67th
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Portland Park Village Condos offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Portland Park Village Condos has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Portland Park Village Condos yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Portland Park Village Condos is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 550 Front Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$478,000No Data$800,000 - $1,035,000No Data$1,015,000No Data
    Avg. Cost Per Sqft$874No Data$862No Data$928No Data
    Avg. Wait for Unit Availability87 Days792 Days61 Days442 Days595 Days248 Days
    Ratio of Units in Building31%5%46%9%7%5%

    Transactions vs Inventory

    Total number of units listed and sold in King West