123 Portland Condos Summary

123 Portland Condos is set to rise at Adelaide and Portland, boasting an unbeatable location in the heart of Toronto. 123 Portland Street Condos, developed by Minto Group and designed by Sweeney & Co., will be a 14-storey mixed-use building standing 45 meters high in the vibrant fashion district. This central site offers easy access to the best food, shopping, and entertainment in the community. Investors should note the project’s prime position and its perfect transit score, with streetcars, 24-hour bus routes, and the Line One Yonge-University subway all within walking distance. Residents will be just minutes away from Union Station, Hospital Row, the Financial District, and top universities. 123 Portland Condoswill feature retail space at its podium with ample residential units above, making it an ideal investment opportunity.

123 Portland Condos Location

Situated at the prime location of King and Spadina, this tower boasts an impressive walk score of 99 out of 100 and a transit score of 100, making it a magnet for a diverse range of residents, including students, business professionals, and families. 123 Portland Condos offers seamless access to public transit, with the TTC steps away, ensuring convenient commutes to major universities like Ryerson University, University of Toronto, OCAD, and even York University via the subway extension. Despite being in downtown Toronto, residents can enjoy green spaces such as Trinity Bellwoods Park and the Toronto Islands, accessible by a short ferry ride. Located at Adelaide Street West and Portland Street, in the heart of the Fashion District, 123 Portland is surrounded by the TTC, PATH system, fine dining, nightlife, grocery stores, and shopping. This highly walkable neighborhood, interspersed with parks, is one of Canada’s premier areas to live, offering proximity to art and culture hubs like TIFF Lightbox and Graffiti Alley. This vibrant entertainment district, designed for walkability, is set to become one of Toronto’s most eclectic and unique living spaces.

123 Portland Condos Neighborhood Highlights

King and Spadina, nestled in Toronto’s bustling Fashion District, offers a dynamic blend of cultural richness and urban conveniences. This vibrant neighborhood is a hub of cultural activities, anchored by the renowned TIFF Lightbox and adorned with the colorful murals of Graffiti Alley. Dining options abound, ranging from chic cafes to high-end restaurants, catering to diverse culinary tastes. Shopping enthusiasts will delight in the district’s eclectic mix of boutique shops and designer boutiques. Despite its downtown location, green spaces like Trinity Bellwoods Park provide tranquil retreats for outdoor recreation. Excellent transportation links, including access to TTC streetcars, buses, and the subway, ensure seamless connectivity throughout the city. With its lively atmosphere and diverse community, King and Spadina epitomize urban living at its finest in Toronto.

Transit and Accessibility

King and Spadina in Toronto’s Fashion District is renowned for its exceptional transit and accessibility, making it a highly desirable area for residents and commuters alike. The neighborhood boasts a perfect transit score, underpinned by its proximity to key transportation hubs and diverse transit options. Residents benefit from easy access to TTC streetcars and buses that crisscross the area, providing efficient connections to destinations across the city. The nearby Line 1 Yonge-University subway line further enhances accessibility, offering swift journeys to major hubs like Union Station and beyond. Additionally, the area is well-integrated into Toronto’s PATH system, a network of underground pedestrian walkways connecting various downtown buildings and amenities, further facilitating convenient navigation during inclement weather. Whether for work, school, or leisure, King and Spadina’s robust transit infrastructure ensures residents can traverse Toronto with ease, contributing to the neighborhood’s vibrant and accessible urban lifestyle.

City Growth & Development

King and Spadina, situated in Toronto’s Fashion District, has experienced significant growth and development in recent years, driven by its prime location and vibrant urban environment. The area has seen a surge in residential and commercial projects, transforming former industrial spaces into trendy condominiums, offices, and retail establishments. This development boom has been supported by infrastructure improvements, including enhanced public transit accessibility and streetscape enhancements, making the neighborhood more appealing for both residents and businesses.

The Fashion District’s evolution reflects Toronto’s broader trend towards urban revitalization, attracting a diverse mix of residents, from young professionals to families seeking a central location with amenities at their doorstep. The influx of new residents has spurred demand for retail and dining options, further enriching the area’s cultural and economic landscape. Moreover, ongoing investments in public spaces and community initiatives have bolstered the district’s reputation as a dynamic and livable urban hub.

Looking ahead, King and Spadina are poised to continue their growth trajectory, with planned developments focusing on sustainability, mixed-use spaces, and enhanced pedestrian amenities. As one of Toronto’s key growth areas, the Fashion District remains at the forefront of urban development, promising a vibrant future characterized by innovation, diversity, and connectivity.

123 Portland Condos Amenities

• Kitchen Bar With Private Dining Area: Residents can enjoy hosting gatherings in a stylish setting equipped with a kitchen bar and private dining area, perfect for entertaining guests or hosting intimate dinners.
• 24-Hour Concierge: Offering round-the-clock assistance, the 24-hour concierge service ensures convenience and security for residents, managing deliveries, coordinating services, and providing personalized assistance as needed.
• Fitness Studio: A well-equipped fitness studio allows residents to maintain their active lifestyle with state-of-the-art equipment and space for various workouts, promoting health and wellness.
• Indoor and Outdoor Lounge: Whether relaxing indoors or enjoying the outdoors, residents have access to comfortable lounge spaces for socializing, reading, or unwinding amidst serene surroundings.
• Party Room: Designed for larger gatherings, the party room provides a venue for celebrations and events, featuring ample seating, audiovisual equipment, and a vibrant ambiance for memorable occasions.
• Rooftop Terrace: The rooftop terrace offers panoramic views and a tranquil escape, featuring seating areas, greenery, and possibly amenities like BBQ stations or fire pits, ideal for enjoying the city skyline or sunset gatherings.

123 Portland Condos Features

Interiors:

• Each suite is meticulously crafted with premium materials and attention to detail. Miele appliances complement stone countertops and tile backsplashes in the kitchen, while hardwood floors and French doors enhance the living spaces. Select master bedrooms also feature French doors, offering stunning city views.

Building Exterior:

• Classic pre-modern European design with pre-cast concrete for a modernized stone aesthetic.
• High-level envelope insulation ensures comfort and energy efficiency.
• Sleek metal Juliette balconies and French doors contrast innovative architecture with traditional warmth.
• Soft cream finish highlighted by dramatic textures of antiqued metal.

The Lobby:

• Deep coffered ceilings and crown molding exude timeless regality.
• Two-storey brass-lined arches create a welcoming grandeur.
• Black, white, and grey tile sequences intensify the theatrical aesthetic.
• Lustrous marble and metal detailing on the reception desk serve as a dramatic centerpiece.
• 24-hour concierge service ensures continuous support for residents.

Inside the Suite:

• Juliette balconies offer seamless outdoor access and city views.
• Optional wall embellishments like crown molding and wainscoting add sophistication.
• Hardwood flooring with optional herringbone pattern provides functional elegance.
• Smart thermostat and lock for convenient control and security.
• Advanced Variable Refrigerant Flow (VRF) system ensures year-round comfort and efficiency.

Suite Kitchens:

• Optional metal shelves enhance functionality and modern aesthetics.
• Functional island with optional waterfall countertop cascading to hardwood floors.
• Integrated Miele appliances and Caesarstone countertops for elegance and durability.
• Tiled backsplash in a symmetrical geometric pattern ties the space together.
• Herringbone floors elevate the ambiance with textural designs.
• Fully integrated undercounter waste station for seamless recycling and waste management.

The Gym:

• Custom light sculpture focalizes and illuminates the room.
• Noise-reducing floors enhance comfort and safety.
• Cardio equipment, universal gravity machine, and aerobic space cater to fitness needs.

The Lounge:

• Stone fireplace and floor-to-ceiling glass create a warm and luminous atmosphere.
• Herringbone wood floors add texture and visual interest.
• Organic curves in seating encourage relaxation and socialization.
• Ornate ceiling detail acts as a suspended work of art.
• Building-wide Wi-Fi ensures connectivity for co-working.

The Kitchen Bar & Dining Room:

• Oversized doors lead into a grand space with a curved metallic ceiling feature.
• Concealed lighting maintains intimacy, ideal for social workspaces.
• Full connectivity supports gatherings of up to 10 people.

The Rooftop:

123 Portland Condos 06

• Panoramic 360-degree city views provide a stunning backdrop.
• Biophilic design integrates natural elements with urban landscape.
• Power and connectivity for alfresco workspaces.
• Glowing outdoor firepits enhance seasonal ambiance.
• Vibrant cabanas amidst greenery create a personal oasis.
• Outdoor yoga and fitness lawn offer tranquility and exercise options

Investment Opportunities

Investing in 123 Portland Condos promises exceptional returns due to its prime location in Toronto’s vibrant Fashion District, ensuring high demand from residents and businesses alike. 123 Portland Condos offers luxurious amenities, including a state-of-the-art fitness studio, elegant suite interiors with premium finishes, and a rooftop terrace with panoramic city views. Its meticulous attention to detail and innovative design, combined with robust infrastructure and convenient access to transportation hubs, make it an attractive investment opportunity poised for long-term appreciation and rental yield potential in one of Canada’s most sought-after neighborhoods.

Construction Timeline

123 Portland Condos is currently in its preconstruction phase, offering investors an opportunity to secure units at advantageous prices before completion. As development progresses, potential buyers can benefit from early investment incentives and customizable options. Preconstruction phases typically involve detailed planning and permit processes, ensuring that the project meets high standards of design and construction. Investors can capitalize on potential appreciation as the neighborhood and project evolve, making it an ideal time to enter the market for long-term growth and return on investment. Early commitment also allows for flexible payment schedules and the opportunity to select prime units within the development.

123 Portland Condos Highlights

• 9-foot smooth finish ceilings (10 feet on PH level)
• Terraces feature natural gas hookup for barbecues and hose bibs
• Designer kitchens include integrated Miele appliances, with islands in suites as per plan
• 3300 square feet rooftop terrace offering stunning city views
• Elegant French doors in living rooms and master bedrooms, according to plan
• Round-the-clock concierge service
• Fitness studio, party room, indoor and outdoor lounges with expansive views
• Next-generation smart living technology package for enhanced convenience and security
• Steps away from TTC stop for easy transit access
• Proximity to 5-star luxury restaurants lining the street
• Conveniently close to Gardiner Expressway for efficient travel
• Short commute to University of Toronto

Conclusion

Investing in 123 Portland Condos promises a blend of luxury living and prime location in Toronto’s bustling Fashion District, ensuring high demand and potential for significant returns. With top-tier amenities, smart technology integration, and proximity to transit and amenities, it appeals to discerning investors seeking upscale urban living. The preconstruction phase offers early access to favorable pricing and customization options, making it an opportune moment to secure a stake in one of Canada’s most sought-after neighborhoods. As development progresses, the project is poised to deliver both immediate and long-term value, making it a compelling choice for savvy investors looking to capitalize on Toronto’s thriving real estate market.