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    2for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    20
    Number of Units:
    250
    Condo Completion:
    2015
    Condo Demand:
    Medium
    Unit Size Range:
    529 - 1,126 SQFT
    Unit Availability:
    Medium

    Listing History for Vivid Condos

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    Amenities

    Sauna
    Gym Room
    Indoor Pool
    Media Room
    Party Room
    Guest Suites

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1 Michael Power PlaceVivid Condos

    The Vivid Condos is more than just a residential building: the condo at 1 Michael Power Place is part of a larger, master-planned community built by Pemberton Group. Not only does the community share a splash pad, playground, and gazebo, but the area is extremely secure thanks to a gatehouse that’s monitored 24 hours a day.

    Designed by Burka Architects and built in 2015, 1 Michael Power Place contains 250 Toronto condos spread out over 20 storeys. In addition to these homes, the building also boasts a generous array of amenities. Residents living in the Vivid Condos have access to a gym with his and hers change rooms and a sauna, plus a cards room, billiards room, boardroom, library, media room, and party room. Plus, there’s a concierge on site to ensure everything runs smoothly at 1 Michael Power Place.

    The Suites

    Homes at 1 Michael Power Place range considerably in size, starting at around 570 square feet and reaching to approximately 1,120 square feet at their largest. Units contain one bedroom, one bedroom plus a den, two bedrooms, or two bedrooms plus a den.

    There’s also variation between units in terms of features and finishes: some suites contain kitchen islands, while others boast sizeable balconies. Regardless of which unit a prospective resident chooses, every one is safe and secure thanks to in-suite alarm systems and a building-wide emergency voice communication system.

    Those interested in Toronto condos for sale in the building can also expect to find elements like floor-to-ceiling windows, laminate flooring, ceramic tile backsplashes, and granite or Caesarthstone counters in each and every unit. Plus, every kitchen is equipped with stainless steel appliances, including a 24-inch wide fridge.

    The Neighbourhood

    Islington and City Centre West is so much more than just a central business district. While many GTA residents are initially attracted to this area for its work opportunities, they quickly learn just how charming the neighbourhood really is.

    One of the most unique spots in all of Islington and City Centre West — or Etobicoke for that matter — is Islington Village. Situated along Dundas West, between Islington and Kipling, this area contains an abundance of murals that illustrate the neighbourhood’s history.

    Outdoorsy types will also love living so close to the Mimico Creek, as green spaces line the shores of this waterway. 1 Michael Power Pl is a short walk away from Central Tennis Club and the Etobicoke Lawn Bowling Club, as well as Tom Riley Park and the Islington Golf Club.

    Transportation

    Travelling to and from 1 Michael Power Pl is easy, with or without a car. Residents who prefer to use public transit to get around can hop onto subway trains departing from Islington Station, which takes 10 minutes to reach on foot. Once at Islington, the trip over to St. George Station takes just 20 minutes. The Kipling GO Station is also a 15-minute walk from the Vivid Condos, making life easier for commuters living in the building.

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    Explore Islington | City Centre West

    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 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

    Vivid Condos vs The Islington | City Centre West Area

    Days on Strata

    Units at Vivid Condos spend an average of
    38
    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
    6.1
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Vivid Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Vivid Condos has the
    ?
    highest ROI out of 58 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Vivid Condos yields the
    ?
    highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood

    High Demand

    Vivid Condos is the
    ?
    most popular building out of 58 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 1 Michael Power Place

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$515,000 - $570,000$555,000 - $676,000$649,900 - $687,000No Data
    Avg. Cost Per Sqft$922$817$791No Data
    Avg. Wait for Unit Availability82 Days47 Days64 Days596 Days
    Ratio of Units in Building30%37%32%3%

    Unit Sales vs Inventory

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