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    Port Royal Place V Condos
    3for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    137
    Condo Completion:
    2006
    Condo Demand:
    Low
    Unit Size Range:
    350 - 1,100 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Port Royal Place V Condos

    Receive listing updates for Islington | City Centre West

    Amenities

    Security System
    Rooftop Deck
    Visitor Parking
    Bike Storage
    Games Room
    Indoor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 7 Michael Power PlacePort Royal Place V Condos

    7 Michael Power Place is a great choice for those seeking a Islington - City Centre West condo for sale. This condo is 16 storeys tall and is home to 137 units. The complex was completed in 2006, and features Toronto condo that range in size from 350 square feet to 1100 square feet.

    This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 80. Maintenance fees at 7 Michael Power Place are $0.96 per-square-foot, which is significantly higher than the city average of about $0.67.

    The Suites

    Here are some stats that would interest renters or buyers at 7 Michael Power Place: 6 units have been sold in the past 12 months, and 6 units have been rented over the same period.

    In terms of price per-square-foot, the average cost is $797 and units tend to sell for 1.64% above the list price. Units at 7 Michael Power Place have a medium probability of receiving more than one offer. On average, a suite will spend 43 days on the market.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Mama Rosa on Dundas, Toji Sushi and John's Fish 'N' Chips are all within 5 minutes walking distance from 7 Michael Power Place. To fuel up in the morning, head to Galata Cafe, Cafe on the Go and Starbucks to grab your beverage of choice.

    There are a number of grocery stores within a short drive, including Rabba Fine Foods, Fresh Food Packers and M&M Food Market.

    Planning for your future is easy with CIBC and RBC Royal Bank in the area.

    Whether you're looking to play, exercise or gather with friends — nearby parks like Michael Power Park and Kenway Park are the perfect spot for all kinds of activities.

    Like to shop? Everything you need is close by when you live at 7 Michael Power Place, including Six Points Plaza, Jenco Canada LED and Titan Islington Plaza which are only 4 away.

    When the weekend rolls around, Village of Islington, Ixiim Toronto and Westmount Gallery are within a short 2-minute drive away. 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. If you're open to commuting, a quick transit ride offers even more options, including Mathnasium, Etobicoke Collegiate Institute and Lorvale Academy.

    Transportation

    For transit users, the nearest light transit stop is 49 Mabelle Ave and is about a 3 minutes walk away. Those in the area live roughly 1 minutes walk distance from Islington, making it easy to get around.

    Curious about similar condos in the area? Check out 9 Michael Power Place, 3 Michael Power Place and 15 Michael Power Place — all within walking distance.

    Port Royal Place V Condos Reviews

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    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar condos

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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%

    Maintenance Fees

    Port Royal Place V Condos vs The Islington | City Centre West Area

    Days on Strata

    Units at Port Royal Place V Condos spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Port Royal Place V Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Port Royal Place V Condos has the
    ?
    highest ROI out of 58 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Port Royal Place V Condos yields the
    ?
    highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood

    High Demand

    Port Royal Place V Condos is the
    ?
    most popular building out of 58 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 7 Michael Power Place

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$480,000 - $490,000No Data$565,000 - $645,000No Data
    Avg. Cost Per Sqft$888No Data$757No Data
    Avg. Wait for Unit Availability126 Days309 Days109 Days472 Days
    Ratio of Units in Building34%25%39%4%

    Unit Sales vs Inventory

    Total number of units listed and sold in Islington | City Centre West