Maintenance Fees
Palais at Port Royal Place vs The Islington | City Centre West Area
for sale
78 Days on Strata
- Est Sell Timeframe:
- 15 Days
204 - 3 Michael Power Pl
$562,000
↓ Cut $35,999 · Jan 22
Get price change & sold alerts
1 Bed + 1
2 Bath
2 Parking
800 SQFT
Price History
- Maintenance Fees:
- $850/mth
- Taxes:
- $2,406 (2025)
- Property Type:
- Condo Apartment
- Cost Per Sqft:
- $703/sqft
- Outdoor Space:
- Balcony
- Ensuite Laundry:
- Yes
- Locker:
- Owned
- Possession Date:
- Mar 31
- Exposure:
- South
Amenities
Concierge
Visitor Parking
Indoor Pool
Sauna
Indoor Parking
Gym
Party Room
About this Listing
Palais Port Royal Place Condos is what condo living is meant to be. 3 Michael Power Place has an unbeatable location for transit, walking, biking and car. Terrific amenities include indoor pool, fitness centre, 24 Hour concierge, party room, theatre, billiards room and lots of visitor parking. This unit boasts over 800sq ft of living space which include two full bathrooms, a large primary with ensuite and walk in closet, combined dining and living area with walkout to balcony, a kitchen with granite counter tops and stainless steel appliances, and a den large enough to serve as a second bedroom. Located on the second floor close to the stairwell makes coming and going a breeze. Included with this unit is 2(TWO) parking spaces and a locker.
ExtrasFidge, stove, microwave and hood, dishwasher, washer and dryer
royal lepage estate realtyMLS® #W12719720
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Rooms
- Bedroom
- 10.66 x 9.51ft
- 4 Piece Ensuite, Walk-in Closet, South View
- Den
- 10.5 x 8.5ft
- Carpet
- Kitchen
- 8.5 x 7.68ft
- Granite Counter, Stainless Steel Appliances, Built-in Dishwasher
- Living
- 15.68 x 10.5ft
- Combined with Dining, Walkout To Balcony
- Dining
- 15.68 x 10.5ft
- Combined with Living
Buyer's Market
Balanced
Seller's Market
Building Spotlight
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Map
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.
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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%
Building Trends At Palais at Port Royal Place
Days on Strata
Units at Palais at Port Royal Place spend an average of
26
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Islington | City Centre West
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty Value
-7%
Decrease in property value within the past twelve months
Price Ranking
27th
Highest price per SQFT out of 74 condos in the Islington | City Centre West area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
17
Units were Rented over the past twelve months
Best Value Rank
Palais at Port Royal Place offers the best value out of 74 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Palais at Port Royal Place has the highest ROI out of 74 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Palais at Port Royal Place yields the highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood
?
High Demand
Palais at Port Royal Place is the most popular building out of 74 condos in the Islington | City Centre West neighbourhood
?
Market Insights
Transaction Insights at Palais at Port Royal Place
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $450,000 - $485,000 | $460,000 - $495,000 | $510,000 - $660,000 | No Data |
| Avg. Cost Per Sqft | $804 | $768 | $724 | No Data |
| Price Range | $2,100 - $2,350 | $2,425 - $2,500 | $2,675 - $2,950 | No Data |
| Avg. Wait for Unit Availability | 62 Days | 89 Days | 48 Days | 359 Days |
| Avg. Wait for Unit Availability | 46 Days | 96 Days | 57 Days | 275 Days |
| Ratio of Units in Building | 36% | 23% | 39% | 3% |
Market Inventory
Total number of units listed and sold in Islington | City Centre West
