3 Michael Power Pl, unit 2509 for rent in Islington | City Centre West - image #1
3 Michael Power PlUnit 2509
Walk Score
73
Transit Score
99
Bike Score
66
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Above Average
Property Type
Condo
Developer
Pemberton Group
Condo Completion
2012
Property Management
Del Property Management Inc.
Unit Size Range
500 - 1050 SQFT
Number of Units
261
Number of Storeys
30
List Price
$1,850
COST PER SQFT
$3/sqft
Total Days on Market
16
Maintenance
$0/mth
Taxes
$0
Property Type
Condo
CONDO Demand
high
Unit Availability
Above Average
Locker
Yes
Parking
Yes
Outdoor Space
Open
Exposure
North West
Off Market Listing
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3 Michael Power Pl | Unit #2509 at Palais at Port Royal Place

Market Temperature
Buyer's Market
Balanced
Seller's Market

Room Dimensions

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Utilities Included

Rent Includes

Heat
Air Conditioning
Water
Parking
Building Insurance

Tenant Must Pay Separately

Hydro

Amenities

Party/Meeting Room
Recreation Room
Sauna
Underground Parking
Games Room
Visitor Parking
Guest Suites
Gym
Media Room
Concierge
Indoor Pool

Listing History for Unit 2509

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Stats, Trends & Rankings

Price Per Square Foot
Palais at Port Royal Place vs The Islington | City Centre West Area

$52.00
More Expensive
per SQFT compared to the neighbourhood average
Palais at Port Royal Place's Avg
price per SQFT
$833
/ SQFT
Neighbourhood Avg
price per SQFT
$781
/ SQFT

Building Trends At Palais at Port Royal Place

Days on Market

Units at Palais at Port Royal Place spend an average of
24
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
5%
above
the list price.

Offer Competition

Condos in this building have an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
6.1
YEARS before being sold again

Property Value

9%
Increase in property value within the past twelve months

Price Ranking

18th
Highest price per SQFT out of 46 condos in the Islington | City Centre West area

Sold Units

26
Units were Sold over the past twelve months

Rented Units

26
Units were Rented over the past twelve months

Best Value

Palais at Port Royal Place offers the
?
best value out of 46 condos in the Islington | City Centre West neighbourhood

Return on Investment

Palais at Port Royal Place has the
?
highest ROI out of 46 condos in the Islington | City Centre West neighbourhood

Rental Yield

Palais at Port Royal Place yields the
?
highest rent prices out of 46 condos in the Islington | City Centre West neighbourhood

High Demand

Palais at Port Royal Place is the
?
most popular building out of 46 condos in the Islington | City Centre West neighbourhood

Sales vs Rental Values For This Condo

1 Bed531 - 600 SQFT
Average Cost Per Sqft$857
Sales Price Range$490,000 - $560,000
Rental Price Range$1,700 - $1,900
1 Bed + Den646 - 821 SQFT
Average Cost Per Sqft$831
Sales Price Range$509,000 - $605,000
Rental Price Range$1,975 - $2,000
2 Bed835 - 900 SQFT
Average Cost Per Sqft$717
Sales Price Range$583,000 - $680,000
Rental Price Range$2,200 - $2,400

How Often Are Units Listed?

1 Bed500 - 667 SQFT
Average Sales Availability
Every40Days
Average Rental Availability
Every46Days
Ratio of Unit Type in Building37%
1 Bed + Den600 - 900 SQFT
Average Sales Availability
Every75Days
Average Rental Availability
Every80Days
Ratio of Unit Type in Building20%
2 Bed740 - 949 SQFT
Average Sales Availability
Every40Days
Average Rental Availability
Every44Days
Ratio of Unit Type in Building40%
2 Bed + Den1000 - 1050 SQFT
Average Sales Availability
Every316Days
Average Rental Availability
Every428Days
Ratio of Unit Type in Building3%

Maintenance Fees
Palais at Port Royal Place vs The Islington | City Centre West Area

$0.00
Less Expensive
per SQFT compared to the neighbourhood average
Palais at Port Royal Place's Avg
monthly maintenance
fee per SQFT
$0.69
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.69
/ SQFT

Travel Times

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