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New Development
Project Overview
ADI Development Group introduces Addison Residences on Portland, a new high-rise apartment development poised to enhance Toronto's Entertainment District. Located at 135 Portland Street, this 16-storey building will house 129 units ranging from studios to three-bedroom apartments, catering to a diverse range of residents. With prices between $607,990 and $1,471,990, Addison Residences offer a spectrum of options, from cozy 332 sq ft spaces to expansive 1362 sq ft homes. Currently in pre-construction, the project is slated for completion in 2025, promising a modern architectural flair by renowned Core Architects.
BedroomsStudio - 3
Bathrooms1 - 2.5
Size332 - 1,362 sqft
Price/sqft$1,600
Property Details
About Addison Residences on Portland
Location135 Portland Street
CityOld Toronto
StatusSelling Now
Occupancy2025
BuilderADI Development Group
Storeys16
Total Units129
NeighbourhoodFashion District
Parking Not Included
Locker Included
Nestled in the vibrancy of Old Toronto, Addison Residences at Richmond and Portland places you in the middle of one of the city's most dynamic areas. TTC access is a breeze with subway connections on Lines 1 and 2, alongside the ever-convenient streetcars running on King, Queen, Dundas, and Spadina. The area is a shopper's delight with the Eaton Centre and the eclectic boutiques of Queen Street West close by, while foodies will relish the proximity to King West's restaurant row and the eclectic flavours of Kensington Market. For those seeking cultural enrichment, the Art Gallery of Ontario and the iconic CN Tower are just a short stroll away, making this a neighbourhood where urban excitement meets cultural depth.
Addison Residences on Portland is ideally suited for young professionals and investors seeking a vibrant downtown lifestyle with a blend of convenience and culture. Families will appreciate the accessible education opportunities, with institutions like the University of Toronto and Ryerson University nearby. As the Entertainment District continues to evolve, the development stands to benefit from the area's sustained growth, making it a sound investment for the future. With the addition of a rooftop lounge, residents will enjoy panoramic views of the city, offering a perfect retreat from the fast-paced urban life below. This is more than just a home; it's a gateway to experiencing Toronto at its finest, with a community feel amidst a bustling cosmopolitan backdrop.
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Deposit Structure
Flexible payment milestones designed for your convenience
Total Deposit Required15%Standard Deposit Structure
1
$10,000Fixed Amount
$10000 on Signing
$10000 on Signing
2
5%% of Purchase Price
Balance of 5% in 30 Days
Balance of 5% in 30 Days
3
5%% of Purchase Price
5% in 365 Days
5% in 365 Days
4
2.5%% of Purchase Price
2.5% in 540 Days
2.5% in 540 Days
5
2.5%% of Purchase Price
2.5% in 600 Days
2.5% in 600 Days
6
5%% of Purchase Price
5% on Occupancy
5% on Occupancy
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