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    415 - 550 Front Street W

    For SalePortland Park Village Condos
    $499,000
    Price Cut: $529,000
    1 Bed
    1 Bath
    0 Parking
    563 SQFT
    9 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $886/sqft
    Maintenance Fees:
    $425/mth
    Taxes:
    $1,586 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    June 17, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Combined with Dining, Bamboo Floor, Walkout To Balcony
    17.39 x 9.51ft
    Dining
    Combined with Living, Bamboo Floor
    17.39 x 9.51ft
    Kitchen
    Tile Floor, Quartz Counter, Backsplash
    6.89 x 7.55ft

    About this Listing

    Welcome to Portland Park Village, a low rise condo community situated in the ideal location downtown. This one bedroom, one bathroom suite is a perfect starter home or pied-a-terre. Enter into your bright, spacious open concept living/dining room with high 9ft ceilings. Comfortable primary bedroom. Updated kitchen with quartz counter, undermount sink and tile backsplash. Enjoy the outdoors on your oversized, quiet, north-facing balcony. Bamboo flooring throughout. Premium central downtown location with easy access to all that the city has to offer. Situated just steps away from all the amenities of The Well, shopping and leisure at Stackt Market, nightlife, sports and entertainment at the Rogers Centre and the Financial District.

    ExtrasWonderful pet-friendly building located in close proximity to parks, the lake, community center, library and shopping. Enjoy living in the middle of the city with pedestrian access to all amenities. Easy access to TTC and major highways.

    royal lepage real estate services ltd.MLS® #C8295848


    Amenities

    Indoor Parking
    Gym Room
    Bike Storage
    BBQ
    Rec Room
    Security System

    Nearby Amenities

    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.

    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
    Household Income
    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%

    Days on Strata

    Units at Portland Park Village Condos spend an average of
    29
    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

    Turnover of Units

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

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    67th
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    Portland Park Village Condos offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    Portland Park Village Condos has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    Portland Park Village Condos yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    Portland Park Village Condos is the
    ?
    most popular building out of 98 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$540,000 - $650,000No Data$800,000 - $990,000$950,000$1,025,000No Data
    Avg. Cost Per Sqft$781No Data$967$807$831No Data
    Avg. Wait for Unit Availability82 Days653 Days60 Days385 Days423 Days248 Days
    Ratio of Units in Building31%5%46%9%7%5%

    Maintenance Fees

    Portland Park Village Condos vs The King West Area

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