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    Toronto / Etobicoke / Islington | City Centre West

    1503 - 7 Michael Power Pl

    For SalePort Royal Place V Condos
    $635,000
    2 Beds
    2 Bath
    1 Parking
    900 SQFT
    5 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $872/mth
    Taxes:
    $2,167 (2024)
    Cost Per Sqft:
    $706/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    60-90 days
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Open Concept, Walkout To Deck, Laminate
    9.91 x 11.06ft
    Prim Bdrm
    Large Window, Double Closet, Laminate
    13.42 x 9.94ft
    2nd Bedroom
    Large Window, Double Closet, Laminate
    10.24 x 9.71ft

    About this Listing

    A SHOWSTOPPER CORNER UNIT! You will love this beautiful, fully renovated 2 bedroom-split layout with lots of Natural Light with Floor to Ceiling Windows. Nearly 900 sq ft, the primary bedroom fits a king-size bed and includes a private ensuite 4 pc Bathroom. Other upgrades include: smooth ceilings, pot lights throughout, a google smart home, chef's kitchen with granite countertops & a rare large kitchen window that floods the space with natural light. This Suite is perfect for entertaining! Lots of Storage. From the private balcony you view Lake Ontario. Steps to Islington Subway Station! Close to highways, Go Station, Shops, Restaurants & Bloor St. All Utilities are included in the Maintenance Fee (heat, hydro,water). This is the perfect condo to call home! Perfect for 1st time home-buyers or Downsizer. 24 hr Concierge in a Well-Maintained Building! Don't miss this Stager's Paradise!

    royal lepage signature realtyMLS® #W12003075

    Amenities

    Games Room
    Concierge
    Rooftop Deck
    Party Room
    Media Room
    Security System

    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 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
    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%

    Price Trends

    Maintenance Fees

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

    Building Trends At Port Royal Place V Condos

    Days on Strata

    Units at Port Royal Place V Condos spend an average of
    33
    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
    entire 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
    5.3
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Port Royal Place V Condos offers the
    ?
    best value out of 74 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Port Royal Place V Condos has the
    ?
    highest ROI out of 74 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Port Royal Place V Condos yields the
    ?
    highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood

    High Demand

    Port Royal Place V Condos is the
    ?
    most popular building out of 74 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 - $490,000$542,500$630,000 - $645,000No Data
    Avg. Cost Per Sqft$858$687$737No Data
    Avg. Wait for Unit Availability132 Days317 Days114 Days472 Days
    Ratio of Units in Building34%25%38%4%

    Transactions vs Inventory

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