2408 - 3 Michael Power Pl
For SalePalais at Port Royal PlaceEst Sell Timeframe 6 Days
$649,000
Price Cut: $659,000
2 Beds
2 Bath
1 Parking
841 SQFT
128 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$720/mth
Taxes:
$2,052 (2023)
Cost Per Sqft:
$772/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
North West
Possession Date:
90 days
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Living
Laminate, Walkout To Balcony, Combined with Den
15.13 x 11.12ft
Dining
Laminate, Combined with Living
15.13 x 11.12ft
Kitchen
Granite Counter, Ceramic Floor
8.83 x 8.27ft
About this Listing
A corner unit with unobstructed view of Toronto skyline. Located in the hearth of Islington Village. Walnut color quality laminated flooring. Granite countertop in kitchen with under mount sink. Walking distance to Islington subway, restaurants, shops and other amenities. Easy access to QEW and Hwy 427.
ExtrasS/s fridge, s/s stove, b/i dishwasher, b/i microwave, washer, dryer, ELFs
right at home realtyMLS® #W8477916
Amenities
Visitor Parking
Bike Storage
Sauna
Games Room
Indoor Parking
Media Room
Explore Neighbourhood
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
9/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
6/10
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
23,799
Average Individual Income
$66,150
Average Household Size
3 persons
Average Age
43
Average Household Income
$103,533
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
32%
Detached
31%
Semi Detached
23%
Low Rise Apartment
7%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
English
59%
Other
15%
Mandarin
12%
Cantonese
10%
Tagalog
1%
Spanish
1%
Korean
1%
Tamil
1%
Education
University and Above
38%
High School
24%
College
15%
None
14%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
19%
Social Sciences
13%
Health & Related Fields
12%
Math & Computer Sciences
7%
Humanities
4%
Physical Sciences
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Price Trends
Maintenance Fees
Palais at Port Royal Place vs The Islington | City Centre West Area
Building Trends At Palais at Port Royal Place
Days on Strata
Units at Palais at Port Royal Place spend an average of
25
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Islington | City Centre West
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty Value
-4%
Decrease in property value within the past twelve months
Price Ranking
28th
Highest price per SQFT out of 58 condos in the Islington | City Centre West area
Sold Units
18
Units were Sold over the past twelve months
Rented Units
13
Units were Rented over the past twelve months
Best Value Rank
Palais at Port Royal Place offers the best value out of 58 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Palais at Port Royal Place has the highest ROI out of 58 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Palais at Port Royal Place yields the highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood
?
High Demand
Palais at Port Royal Place is the most popular building out of 58 condos in the Islington | City Centre West neighbourhood
?
Transaction Insights at 3 Michael Power Place
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | $500,000 - $530,000 | $540,000 - $580,000 | $602,500 - $664,000 | No Data |
Avg. Cost Per Sqft | $904 | $869 | $757 | No Data |
Price Range | $2,300 - $2,500 | $2,600 - $2,700 | $2,900 - $3,200 | No Data |
Avg. Wait for Unit Availability | 54 Days | 72 Days | 47 Days | 299 Days |
Avg. Wait for Unit Availability | 46 Days | 98 Days | 52 Days | 269 Days |
Ratio of Units in Building | 37% | 22% | 40% | 3% |
Transactions vs Inventory
Total number of units listed and sold in Islington | City Centre West