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    Toronto / Downtown / King West

    602 - 550 Front St W

    For SalePortland Park Village Condos
    $749,000
    1 Bed + 1
    1 Bath
    1 Parking
    800 - 899 SQFT
    2 Days on Strata
    Est Sell Timeframe
    9 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $940/mth
    Taxes:
    $3,090 (2024)
    Cost Per Sqft:
    $833 - $936/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    30 days/TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Hardwood Floor, Breakfast Bar, Open Concept
    9.84 x 8.2ft
    Living
    Hardwood Floor, Walkout To Balcony, Open Concept
    13.94 x 15.75ft
    Dining
    Hardwood Floor, Window, Open Concept
    8.53 x 9.19ft

    About this Listing

    In search of a generously-sized unit at an excellent price in downtown? Your search ends here. Introducing 550 Front St W Unit 602. This expansive, well-lit south-facing condominium is nestled in the heart of downtown, just 250 meters from the Well building. Enjoy stunning, unobstructed views of the CN Tower and Rogers Centre from the patio. The unit boasts a vast open-concept floor plan, originally designed as a two-bedroom but easily convertible to accommodate a second bedroom. Revel in the character of exposed brick veneer walls and hardwood floors. With 9-foot ceilings and ensuite laundry, this unit stands as one of the larger options available, offering over 800 sqft. Steps to everything including grocery, restaurants, subway & streetcar, theatres, veterinary, parks, and much more. Green P underground parking located in bottom of building.

    coldwell banker ronan realtyMLS® #C11915732

    Amenities

    Bike Storage
    Rec Room
    Gym Room
    BBQs Allowed
    Security System
    Indoor Parking

    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%

    Price Trends

    Maintenance Fees

    Portland Park Village Condos vs The King West Area

    Building Trends At Portland Park Village Condos

    Days on Strata

    Units at Portland Park Village Condos spend an average of
    6
    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

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    68th
    Highest price per SQFT out of 112 condos in the King West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Portland Park Village Condos offers the
    ?
    best value out of 112 condos in the King West neighbourhood

    Appreciation Rank

    Portland Park Village Condos has the
    ?
    highest ROI out of 112 condos in the King West neighbourhood

    Rental Yield

    Portland Park Village Condos yields the
    ?
    highest rent prices out of 112 condos in the King West neighbourhood

    High Demand

    Portland Park Village Condos is the
    ?
    most popular building out of 112 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$1,035,000No Data$1,015,000No Data
    Avg. Cost Per Sqft$866No Data$915No Data$928No Data
    Avg. Wait for Unit Availability87 Days792 Days62 Days379 Days595 Days248 Days
    Ratio of Units in Building31%5%46%9%8%5%

    Transactions vs Inventory

    Total number of units listed and sold in King West