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    for rent
    9 Days on Strata
    Est Lease Timeframe:
    25 Days
    $2,775/mth
    Get price change & sold alerts
    2 Beds
    2 Bath
    1 Parking
    880 SQFT

    Price History


    Property Type:
    Condo Apartment
    Possession Date:
    Now
    Lease Term:
    1 Year
    Utilities Included:
    No
    Furnished:
    No
    Outdoor Space:
    Balcony
    Ensuite Laundry:
    Yes
    Locker:
    Owned
    Exposure:
    South East

    Amenities

    Concierge
    Visitor Parking
    Indoor Pool
    Sauna
    Indoor Parking
    Gym
    Party Room

    About this Listing

    Welcome to suite 2907 at 3 Michael Power Place, a bright and spacious 2 bedroom, 2 bathroom corner suite in sought-after Palais Royale, offering panoramic views of the city skyline, CN Tower and lake from a large private balcony with both sunrise and sunset exposures. Thoughtfully designed with 880 sq ft, this sun-filled unit features an open-concept living and dining space with laminate flooring, floor-to-ceiling windows, seamless flow and a walkout to the balcony, creating a bright, airy atmosphere throughout and an ideal setting for both everyday living and entertaining, a functional kitchen with granite countertops, stainless steel appliances, tile floor, double sink, a large window and ample storage, and a well-designed split bedroom layout that offers excellent privacy with two generously sized bedrooms, each with large windows and double closets, including a primary bedroom with a 3-piece ensuite, as well as ensuite laundry for added convenience. One parking spot and locker included. Well-managed building with exceptional amenities including 24-hour concierge, indoor pool, sauna, fully equipped gym, theatre room, party and meeting rooms, media centre and visitor parking. Located in the heart of Islington Village at Bloor & Islington, just steps to Islington subway, Kipling station with GO and MiWay transit, as well as Bloor Street and Dundas St shops, restaurants, cafes and daily essentials. Surrounded by green space including Michael Power Park and Tom Riley Park, with nearby sports fields, tennis courts and walking trails, and directly across from the future Etobicoke Civic Centre, a major redevelopment that will feature a new city hall, community recreation centre, public library, outdoor civic plaza and expanded green space. Easy access to Highway 427, the QEW and Gardiner Expressway, making commuting throughout the city seamless. Walk Score 91 and Transit Score 90. A turnkey opportunity in one of Etobicoke's most connected and walkable communities.

    re/max professionals inc.MLS® #W12946582

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Rooms


    Foyer
    9.32 x 6.82ft
    Tile Floor, Double Closet, 4 Piece Bath
    Living
    13.58 x 10.99ft
    Laminate, Open Concept, O/Looks Dining
    Dining
    11.75 x 9.58ft
    Laminate, Windows Floor to Ceiling, Walkout To Balcony
    Kitchen
    8.24 x 8.01ft
    Stainless Steel Appliances, Granite Counter, Windows Floor to Ceiling
    Primary
    15.09 x 10.01ft
    Double Closet, 3 Piece Ensuite, Large Window
    2nd Bedroom
    11.91 x 10.17ft
    Double Closet, Large Window, Carpet

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

    Similar Listings

    Explore Islington | City Centre West

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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
    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%


    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
    LOW
    chance 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 again

    Property 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 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$2,100 - $2,350$2,425 - $2,500$2,675 - $2,950No Data
    Avg. Wait for Unit Availability46 Days96 Days57 Days275 Days
    Ratio of Units in Building36%23%39%3%

    Market Inventory

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