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    Toronto / Downtown / Queen West

    511 - 156 Portland St

    For RentQueen & Portland Loft + Condo Residences
    $2,650/mth
    1 Bed + 1
    2 Bath
    1 Parking
    600 - 699 SQFT
    Just Listed
    Est Lease Timeframe
    20 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    April 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Soft Loft
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    Owned
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Parking
    Building Maintenance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    4 Piece Ensuite
    10.01 x 12.37ft
    Den
    Walk-in Closet
    8.04 x 9.06ft
    Living
    Combined with Dining
    11.09 x 20.7ft

    About this Listing

    In The Heart Of Queen West Known As The Fashion District Area. A perfect 1 +1 bedroom suite with perfect view of CN tower, Den can be used as a second bedroom with walk in closet, one parking and one locker! Highly sought-after neighbourhood and boutique building.Suite features a functional floor plan with no wasted space and an abundance of natural light, brand-new light fixtures , new Laundry Ensuite, brand new floors and brand new paint throughout. Modern kitchen with hidden appliances and kitchen island . Downtown living with convenience at your direct doorstep. Loblaws, Starbucks, Winners, BMO and LCBO are located within the building. Walking distance to everything your heart could desire and your stomach could want!

    powerland realtyMLS® #C11998819

    Amenities

    Visitor Parking
    Bike Storage
    Gym Room
    Concierge
    Rooftop Deck
    Party Room

    Explore Neighbourhood

    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 Listings

    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%

    Price Trends

    Maintenance Fees

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

    Building Trends At Queen & Portland Loft + Condo Residences

    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
    2%
    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

    28th
    Highest price per SQFT out of 52 condos in the Queen West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Queen & Portland Loft + Condo Residences offers the
    ?
    best value out of 52 condos in the Queen West neighbourhood

    Appreciation Rank

    Queen & Portland Loft + Condo Residences has the
    ?
    highest ROI out of 52 condos in the Queen West neighbourhood

    Rental Yield

    Queen & Portland Loft + Condo Residences yields the
    ?
    highest rent prices out of 52 condos in the Queen West neighbourhood

    High Demand

    Queen & Portland Loft + Condo Residences is the
    ?
    most popular building out of 52 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 Availability137 Days447 Days1756 Days282 Days414 Days
    Ratio of Units in Building66%13%6%7%10%

    Transactions vs Inventory

    Total number of units listed and leased in Queen West