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1807 - 3 Michael Power Place
For RentPalais at Port Royal PlaceEst Lease Timeframe 15 Days
$3,050/mth
Price Cut: $3,150
2 Beds
2 Bath
1 Parking
880 SQFT
25 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South East
Locker:
Owned
Possession Date:
July 1, 2024
Lease Term:
1 Year
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Living
18.05 x 10.99ft
Dining
18.05 x 10.99ft
Kitchen
8.04 x 7.87ft
About this Listing
Stunning Recently Reno'd Corner Suite At Port Royal Place! This Bright And Spacious Split Layout Boasts Sunny Southwest Views, Balcony, 2 Bedrooms, Master W/ Ensuite, 2 Full Baths, 1 Parking. A Commuters Dream! Walking Distance To Islington And Kipling Station/Kiping Go, Grocery, Shops Of Islington Village, Close To All Major Highways, Airport. Concierge 24/7, Gym, Indoor Pool,Party/Meeting Room, Sauna, Billiards Room.
ExtrasStainless Steel Refrigerators, Stainless Steel Stove, Built-In Stainless Steel Microwave, Stainless Steel Built-In Dishwasher, White Stackable Washer And Dryer, 1 Parking Space (P3-C59). Locker included
re/max realty specialists inc.MLS® #W8269262
Amenities
Gym Room
Indoor Parking
Media Room
Indoor Pool
Sauna
Bike Storage
Nearby Amenities
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.
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
Building Trends At Palais at Port Royal Place
Days on Strata
Units at Palais at Port Royal Place spend an average of
17
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
Turnover of Units
On average, each unit is owned for
5.9
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
26th
Highest price per SQFT out of 57 condos in the Islington | City Centre West area
Sold Units
15
Units were Sold over the past twelve months
Rented Units
18
Units were Rented over the past twelve months
Best Value Rank
Palais at Port Royal Place offers the best value out of 57 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Palais at Port Royal Place has the highest ROI out of 57 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Palais at Port Royal Place yields the highest rent prices out of 57 condos in the Islington | City Centre West neighbourhood
?
High Demand
Palais at Port Royal Place is the most popular building out of 57 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 | $515,000 - $535,000 | $560,000 - $600,000 | $628,000 - $680,000 | No Data |
| Avg. Cost Per Sqft | $880 | $908 | $779 | No Data |
| Price Range | $2,400 - $2,500 | $2,450 - $2,600 | $2,800 - $3,150 | $3,100 |
| Avg. Wait for Unit Availability | 52 Days | 70 Days | 46 Days | 349 Days |
| Avg. Wait for Unit Availability | 42 Days | 86 Days | 51 Days | 269 Days |
| Ratio of Units in Building | 37% | 22% | 40% | 3% |
Maintenance Fees
Palais at Port Royal Place vs The Islington | City Centre West Area
