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    Port Royal Place II Condos
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    Building Details

    Property Type:
    Condo
    Number of Storeys:
    16
    Number of Units:
    140
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    317 - 1,100 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Port Royal Place II Condos

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    Amenities

    Concierge
    Security System
    Indoor Parking
    Gym Room
    Rec Room
    Visitor Parking

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 15 Michael Power PlacePort 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 -0.13% below 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 $733 and units sell with 26 days on market on average. Over the past 12 months, 4 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 11 Michael Power Place, 17 Michael Power Place and 9 Michael Power Place — all within walking distance.

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    Explore Islington | City Centre West

    7/10
    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
    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

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

    Days on Strata

    Units at Port Royal Place II Condos spend an average of
    26
    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
    4.9
    YEARS before being sold again

    Property Value

    28%
    Increase in property value within the past twelve months

    Price Ranking

    37th
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 15 Michael Power Place

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$500,000 - $518,800$530,000$603,000No Data
    Avg. Cost Per Sqft$968$741$760No Data
    Avg. Wait for Unit Availability220 Days216 Days85 Days279 Days
    Ratio of Units in Building33%23%41%5%

    Unit Sales vs Inventory

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