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    156 Portland Street

    Queen & Portland Loft + Condo Residences
    1for Sale
    1for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    7
    Number of Units:
    96
    Condo Completion:
    2011
    Condo Demand:
    Medium
    Unit Size Range:
    549 - 1,299 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Queen & Portland Loft + Condo Residences

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    Amenities

    Gym Room
    Party Room
    BBQs Allowed
    Visitor Parking
    Bike Storage
    Concierge

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 156 Portland StreetQueen & Portland Loft + Condo Residences

    Thanks to Toronto’s booming popularity in the recent past, plenty of modern residences have materialized — some more aesthetically remarkable than others. As for the prominent soft loft building at 156 Portland in the Queen West neighbourhood, this is one of those structures that constantly causes pedestrians to stop and stare.

    Whether intended to mimic the blue skies above, or the waves of Lake Ontario just to the south, the geometric pattern of blue glass encasing the façade of Queen and Portland Lofts and Condos is exciting, to say the least. It’s no wonder that the firm behind 156 Portland is Tribute Communities, known for their inventive and ultramodern designs such as Residences at RCMI and 1717 Avenue Condos.

    The 2011-built structure is exciting, yet never overbearing, thanks to its status as a mid-rise. Sitting at a comfortable seven storeys tall, the soft loft houses 96 contemporary Toronto lofts.

    And thankfully for residents, the style isn’t the only thing that is progressive Queen and Portland Lofts and Condos. Prospective buyers are wooed by the array of amenities available, including a swimming pool, a common rooftop terrace with barbecues, a concierge, and security, not to mention the colossal retail space downstairs, inhabited by Loblaws, Winners, Joe Fresh, and the Bank of Montreal. Likewise, it’s these perks that may mean units at 156 Portland appear on the market rather infrequently.

    The Suites

    156 Portland is outfitted with just the right amount of units: the building feels intimate and neighbours are given the chance to get to know one another, yet a variation of size and style is still available to prospective buyers. Simple soft lofts start at around 550 square feet, appealing to individuals and couples alike. Families, on the other hand, might be more interested in the more spacious units, which can reach to approximately 1,250 square feet.

    Regardless of square footage, all of the Queen West condos for sale in the building feel roomy thanks to their 9-foot ceiling heights. And those living in cozier spaces needn’t worry about overcrowding their living spaces, as lockers are available for storing those belongings that are less frequently used.

    As with the exterior, the interiors of the homes at Queen and Portland Lofts and Condos employ glass, glass, and more glass. Floor-to-ceiling windows allow natural sunlight light to illuminate the sleek interiors, highlighting laminate flooring and modern appliances. Certain units even contain private outdoor spaces, where those with green thumbs can garden away, and those without can dine al fresco once springtime rolls around.

    The Neighbourhood

    Living on charming Portland Street hardly means that amenities and entertainment are far off. On the contrary, the busy intersection of Bathurst and Queen Street lies just around the corner, serving as an access point for anything a homeowner’s heart may desire.

    Regardless of which direction one chooses to explore, Queen Street West functions as an endless source of amusement. Heading west will land explorers at the galleries, boutiques, and cafés in the West Queen West and South Parkdale neighbourhoods. To the east, things start to look slightly more mainstream: global brands and illustrious restaurants inhabit most of the retail spaces here.

    Plenty of green space also surrounds Queen & Portland Loft + Condo Residences, perfect for outdoorsy types, pet owners, and parents. A short walk will land residents at Toronto’s beloved Trinity Bellwoods Park, where visitors can partake in a round of tennis, a pickup game of baseball or Frisbee, and others may opt to settle down with a blanket and picnic basket.

    Alternatively, Lake Ontario is within close reach as well: cyclists can ride along the car-free Martin Goodman Trail, while those looking to get their feet wet can try their hand at paddle boarding, sailing, canoeing, or simply head to the beach. Down by the water, plenty of other parks are ready to be explored, such as Garrison Common, Coronation Park, and the Canoe Landing.

    Transportation

    With its location so close to Queen and Bathurst Streets, those living at Queen and Portland Lofts and Condos can make their way around the city with ease. Residents without vehicles of their own will love their close proximity to the streetcars that run along both of these arterial roads. The Bathurst service transports passengers north toward the Bloor-Danforth subway line, or south to Billy Bishop Toronto City Airport. The Queen streetcar is ideal for those heading east or west, and provides access to the Yonge-University-Spadina subway line at Osgoode Station.

    Homeowners who also happen to be car owners can also zip around Toronto in no time, thanks to 156 Portland’s central location. The Gardiner Expressway is a short drive away, and hugs the southernmost curves of the city, along the lakeshore. From here, drivers can connect with the 427 to the west or the Don Valley Parkway to the east.

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    Explore Queen West

    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.

    Similar lofts

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Queen & Portland Loft + Condo Residences vs The Queen West Area

    Days on Strata

    Units at Queen & Portland Loft + Condo Residences spend an average of
    33
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    1%
    above
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    6.8
    YEARS before being sold again

    Property Value

    11%
    Increase in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 47 condos in the Queen West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    Queen & Portland Loft + Condo Residences offers the
    ?
    best value out of 47 condos in the Queen West neighbourhood

    Appreciation Rank

    Queen & Portland Loft + Condo Residences has the
    ?
    highest ROI out of 47 condos in the Queen West neighbourhood

    Rental Yield

    Queen & Portland Loft + Condo Residences yields the
    ?
    highest rent prices out of 47 condos in the Queen West neighbourhood

    High Demand

    Queen & Portland Loft + Condo Residences is the
    ?
    most popular building out of 47 condos in the Queen West neighbourhood

    Transaction Insights at 156 Portland Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$565,000 - $965,000No Data$1,803,000No DataNo Data
    Avg. Cost Per Sqft$813No Data$1,458No DataNo Data
    Avg. Wait for Unit Availability142 Days447 Days1171 Days282 Days414 Days
    Ratio of Units in Building64%13%7%7%10%

    Unit Sales vs Inventory

    Total number of units listed and sold in Queen West