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$1,029,000
Portland Park Village · 550 Front Street · Toronto · Ontario M5V 3N5
191 days on market
Welcome To Suite 620 At Portland Park Village - A Unique Opportunity & One Of A Kind Condo In The Popular King West Area. This Well Maintained One Bedroom + Den Suite Comprises 1215 Sq Ft Of Interior Space & Accounts For The Entire East Side Of The Building. An Additional 437 Sq Ft Of Private Outdoor Terrace With Upgraded Glass Railing, Three Separate Walk-Outs, Natural Gas BBQ, 30 Foot Automatic Retractable Awning & A 3-Seat Hot Tub Adds To Maximum Outdoor Enjoyment. East Facing Cityscape Views…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
↓ $20KPrice reduction
MLS shows the seller reduced the asking price by $20,000 (from $1,049,000 to $1,029,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: ROYAL LEPAGE REALTY PLUS
Source: TRREB/PROPTX · MLS® C13002046
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~1,300 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 46% of your true cost of ownership. The other 54% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $46,844 | $3,904/mo |
| Government & taxes | ||
| Property tax | $3,361 | $280/mo |
| Land transfer tax(closing) | $17,055 | $1,421/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $10,290 | $858/mo |
| Condo fees | ||
| Condo / HOA fees | $12,632 | $1,053/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $100,842 | $8,404/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.