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    66 Portland
    by Freed Developments

    66 Portland St

    0for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    9
    Number of Units:
    85
    Condo Completion:
    2006
    Condo Demand:
    High
    Unit Size Range:
    501 - 3459 SQFT
    Unit Availability:
    Low
    Property Management:
    Goldview Property Management Ltd

    Amenities

    BBQ
    Bike Storage
    Security System
    Visitor Parking

    Maintenance Fees

    Included:
    None
    Excluded:
    Hydro
    Heat
    Air Conditioning
    Water

    About 66 Portland St66 Portland

    Who ever knew that concrete, glass, and steel could look so good? Leave it to Peter Freed, president of Freed Development Corp., and developer deemed “the man who made King Street West” by the Globe and Mail. In 2006, Freed bestowed 82 loft style homes upon Torontonians in his mid-rise soft loft construction at 66 Portland Street.

    The boutique building spans 9 storeys, and the exterior is speckled with refreshing wood details along the ground level to soften the look and invite residents in. In a neighbourhood with an industrial past and a fashion-forward future, the lofts at 66 Portland embody the dynamic nature of Toronto and its residents.

    Upon its initial appearance on the market, almost every Toronto condos for sale in this building was scooped up within 10 months — testament to the design, Freed’s reputation, and the neighbourhood itself. Or perhaps these buyers were simply infatuated with the array of amenities on offer, such as a common rooftop terrace and parking for residents and their guests, as well as a pet-friendly policy.

    The Suites

    The remarkable lofts at 66 Portland are versatile as ever, with a range of sizes starting at 500 square feet and reaching all the way to 3,000 at their largest. These King West condos come equipped with either one bedroom or two. The lofts then allow single professionals who spend little time at home to create a cozy space to rest their heads, while neighbours down the hall may even opt to turn second bedrooms into a home office.

    Stylistically speaking, the loft suites are a hybrid of contemporary and industrial aesthetics. The homes are evidently modern, as illustrated by elegant and sophisticated finishes, while coarser details typically found in an older conversion remain: exposed concrete ceilings and columns are set within crisp white walls; sleek glass surrounds common living spaces, with exposed ductwork floating gently above.

    The suites are quite opulent as well. Ceiling heights reach to 10 feet tall, floors are made of gorgeous hardwood, and each home comes equipped with private outdoor space. One generously sized terrace even features sprinklers to keep foliage alive, for those times when life gets in the way of one’s gardening responsibilities.

    The Neighbourhood

    Located in the ultra trendy King West area, 66 Portland and its residents could very well be some of the best-situated Torontonians out there. Within the borders of the Fashion District, the current state of cool in the area is a nod to the neighbourhood’s beginnings.

    Originally home to the factories responsible for clothing Toronto locals, what remains today are the reinvented frames of these vintage structures. For example, Bar Wellington currently provides locals with handcrafted cocktails from within a Victorian-era heritage building. Another great example is the structure at 460 King West, which built in 1882, is now home to a co-working and event space geared toward freelancing millennials.

    For swanky nights on the town, residents can find a number of upscale dining options along King West, Adelaide, and Wellington. The Thompson Hotel is also just around the corner, where options for after-dark entertainment include a swim up on the rooftop or drinks and dancing at Wildflower, either of which can be followed by a late night bite at the diner, which is open 24 hours a day.

    For outdoorsy residents, Victoria Memorial Park is seconds from 66 Portland. Extremely adventurous types, however, may need to travel slightly further to get a true rush — thankfully Lake Ontario is just to the south, where water sports of all sorts are awaiting. Alternatively, Trinity Bellwoods Park is within close proximity and features tennis courts, a hockey rink, and multiple baseball diamonds.

    Transportation

    Traveling around downtown Toronto is simple with 66 Portland as a home base. To start, residents working in the financial district will find commutes a breeze — one can even opt to walk or cycle to work when the weather permits.

    Those using public transportation to access the centre of the city can hop on an eastbound streetcar toward St. Andrew station, where trains heading north and south can be reached. Bathurst streetcars transport passengers north toward Bathurst station on the Bloor-Danforth Line as well. And as for late night travel, services along Queen and Bathurst Streets run 24 hours a day.

    Residents can access the Gardiner Expressway via Spadina Avenue. From here, the 427 to the west and the Don Valley Parkway to the east are easy to reach. For travel nearer to home, Adelaide and Richmond Streets are one-way streets that tend to move rather quickly — if one can manage to avoid driving during rush hour, that is.

    Listing History for 66 Portland

    0

    Listings For Sale

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    1

    Listings For Rent

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    Nearby Amenities

    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.

    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
    $65,079
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $106,981
    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
    Mandarin
    9%
    Cantonese
    6%
    Tamil
    1%
    English
    39%
    Indigenous Language
    32%
    Other
    13%
    Education
    High School
    21%
    Apprenticeship
    2%
    University and Above
    43%
    College
    15%
    University Below Batchelor
    3%
    None
    13%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    18%
    Humanities
    6%
    Physical Sciences
    5%
    Math & Computer Sciences
    9%
    Social Sciences
    10%
    Education
    4%
    Visual & Performing Arts
    3%
    Business Management
    25%

    Price Trend

    Average price of units sold in King West

    Building Trends At 66 Portland

    Days on Strata

    Units at 66 Portland spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    11%
    above
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 96 condos in the King West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Sales vs Rental Values For This Loft

    1 Bed506 - 677 SQFT
    Average Cost Per Sqft$825
    Sales Price Range$610,000 - $672,000
    Rental Price Range$2,500 - $3,100
    1 Bed + Den630 - 754 SQFT
    Average Cost Per Sqft$1,059
    Sales Price Range$780,000 - $780,000
    Rental Price Range$2,650 - $3,000
    2 Bed889 - 1200 SQFT
    Average Cost Per Sqft$1,158
    Sales Price Range$935,000 - $1,500,000
    Rental Price RangeNo Data

    How Often Are Units Listed?

    1 Bed501 - 1000 SQFT
    Average Sales Availability
    Every108Days
    Average Rental Availability
    Every74Days
    Ratio of Unit Type in Building47%
    1 Bed + Den630 - 963 SQFT
    Average Sales Availability
    Every203Days
    Average Rental Availability
    Every183Days
    Ratio of Unit Type in Building30%
    2 Bed855 - 1300 SQFT
    Average Sales Availability
    Every180Days
    Average Rental Availability
    Every634Days
    Ratio of Unit Type in Building21%
    2 Bed + Den1490 - 3459 SQFT
    Average Sales Availability
    Every1303Days
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building4%

    Maintenance Fees

    66 Portland vs The King West Area
    66 Portland's Avg
    monthly maintenance fee
    $0.65 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.84 / SQFT

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