15 Michael Power Place
Building Details
Listing History for Port Royal Place II Condos
Amenities
Maintenance Fees
About 15 Michael Power Place — Port Royal Place II Condos
Anyone who’s seeking a Toronto condo for sale should definitely consider Port Royal Place II Condos at 15 Michael Power Place. Pemberton Group completed this building back in 2003, but unlike other buildings of that age, maintenance fees are actually on the higher end at $0.95 per-square-foot. The building is 16 storeys tall and is home to 140 suites. Units start at 317 square feet on the low end, and can go up to 1100 square feet.
This condo has a Walk Score of 79 and an average demand ranking, based on Strata.ca’s analytics. Maintenance fees at 15 Michael Power Place are $0.95 per-square-foot, which is significantly higher than the city average of about $0.67.
The Suites
On average, units at 15 Michael Power Place sell 1.17% above the list price, and units have a medium chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $836 and units sell with 27 days on market on average. Over the past 12 months, 3 have sold and 8 have have been rented here.
The Neighbourhood
Living here means you’re just a 4-minute walk from Mama Rosa on Dundas, Toji Sushi and John's Fish 'N' Chips, making it easy to dazzle your taste buds without much effort. To fuel up in the morning, head to Galata Cafe, Cafe on the Go and Starbucks to grab your beverage of choice.
Grocery shopping is never a chore with stores such as Rabba Fine Foods, Fresh Food Packers and M&M Food Market in the area.
There are a number of banks within a short drive, including CIBC and RBC Royal Bank for all your investment needs.
There are plenty of parks nearby to keep your family busy, including Michael Power Park and Kenway Park, which are less than 7 minutes away by foot.
Those who love to shop will appreciate all the options nearby with Six Points Plaza, Jenco Canada LED and Titan Islington Plaza just 4 minutes from here.
If you’re tired of the usual neighbourhood attractions, then perhaps having Village of Islington, Ixiim Toronto and Westmount Gallery less than a 2-minute drive away will give you a lift. Kingsway Theatre is just a short drive away for movie nights.
There are plenty of nearby school choices — Islington Junior Middle School, German International School Toronto and Tsiopa Palijiw Ukrainian School Toronto — with more in neighbouring areas so you can find the best school for your child’s needs. Families with older children will be happy to know that Mathnasium, Etobicoke Collegiate Institute and Lorvale Academy can be reached by car in under 2 minutes.
Transportation
If you commute by public transit then the Islington | City Centre West neighbourhood is a great choice, as you’ll find the 49 Mabelle Ave light transit stop makes it easy to get around. Residents have access to the subway stop at Islington, which is only 1 minutes walking distance from the building.
Curious about similar condos in the area? Check out 15 Viking Lane, 11 Michael Power Place and 17 Michael Power Place — all within walking distance.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Port Royal Place II Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 15 Michael Power Place
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | $500,000 - $518,800 | $530,000 | No Data | No Data |
Avg. Cost Per Sqft | $968 | $741 | No Data | No Data |
Price Range | $2,400 - $2,500 | $2,400 - $2,600 | $3,100 - $3,225 | No Data |
Avg. Wait for Unit Availability | 220 Days | 216 Days | 69 Days | 279 Days |
Avg. Wait for Unit Availability | 455 Days | 292 Days | 244 Days | 779 Days |
Ratio of Units in Building | 33% | 23% | 41% | 5% |
Unit Sales vs Inventory
Total number of units listed and sold in Islington | City Centre West