7 Michael Power Place
![map of location](https://maps.strata.ca/styles/custom/static/-79.5297353,43.6443271,14/400x200@2x.jpg?key=4DT4sLEEUbxgbJMPs6nNQsdfdK9QWRTQxHrgfLDG6RYvPiZ2U)
Building Details
Listing History for Port Royal Place V Condos
Amenities
Maintenance Fees
About 7 Michael Power Place — Port Royal Place V Condos
7 Michael Power Place is a great choice for those seeking a Islington - City Centre West condo for sale. This condo is 16 storeys tall and is home to 137 units. The complex was completed in 2006, and features Toronto condo that range in size from 350 square feet to 1100 square feet.
This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 80. Maintenance fees at 7 Michael Power Place are $0.96 per-square-foot, which is significantly higher than the city average of about $0.67.
The Suites
Here are some stats that would interest renters or buyers at 7 Michael Power Place: 8 units have been sold in the past 12 months, and 6 units have been rented over the same period.
In terms of price per-square-foot, the average cost is $769 and units tend to sell for 0.55% above the list price. Units at 7 Michael Power Place have a medium probability of receiving more than one offer. On average, a suite will spend 39 days on the market.
The Neighbourhood
Those who call this condo home never have to travel far for dining out, as Mama Rosa on Dundas, Toji Sushi and John's Fish 'N' Chips are all within 5 minutes walking distance from 7 Michael Power Place. To fuel up in the morning, head to Galata Cafe, Cafe on the Go and Starbucks to grab your beverage of choice.
There are a number of grocery stores within a short drive, including Rabba Fine Foods, Fresh Food Packers and M&M Food Market.
Planning for your future is easy with CIBC and RBC Royal Bank in the area.
Whether you're looking to play, exercise or gather with friends — nearby parks like Michael Power Park and Kenway Park are the perfect spot for all kinds of activities.
Like to shop? Everything you need is close by when you live at 7 Michael Power Place, including Six Points Plaza, Jenco Canada LED and Titan Islington Plaza which are only 4 away.
When the weekend rolls around, Village of Islington, Ixiim Toronto and Westmount Gallery are within a short 2-minute drive away. 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. If you're open to commuting, a quick transit ride offers even more options, including Mathnasium, Etobicoke Collegiate Institute and Lorvale Academy.
Transportation
For transit users, the nearest light transit stop is 49 Mabelle Ave and is about a 3 minutes walk away. Those in the area live roughly 1 minutes walk distance from Islington, making it easy to get around.
Curious about similar condos in the area? Check out 25 Viking Lane, 5101 Dundas Street W and 9 Michael Power Place — all within walking distance.
Listings For Sale
Interested in receiving new listings for sale?
![7 Michael Power Pl, unit 1101 for sale - image #1](https://cdn.strata.ca/IMG-W8409052_1.jpg?class=medium)
Price Cut: $30,000 (Aug 21)
![7 Michael Power Pl, unit 506 for sale - image #1](https://cdn.strata.ca/IMG-W8472610_1.jpg?class=medium)
Price Increase: $20,000 (Sep 5)
![7 Michael Power Pl, unit 803 for sale - image #1](https://cdn.strata.ca/IMG-W9264511_1.jpg?class=medium)
Listings For Rent
Interested in receiving new listings for rent?
Explore Neighbourhood
Similar condos
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At Port Royal Place V Condos
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 7 Michael Power Place
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | $480,000 - $490,000 | $580,000 | $565,000 - $645,000 | No Data |
Avg. Cost Per Sqft | $888 | $924 | $764 | No Data |
Price Range | $2,300 - $2,450 | $2,400 - $2,600 | No Data | No Data |
Avg. Wait for Unit Availability | 122 Days | 309 Days | 109 Days | 448 Days |
Avg. Wait for Unit Availability | 157 Days | 287 Days | 194 Days | No Data |
Ratio of Units in Building | 34% | 25% | 39% | 4% |
Unit Sales vs Inventory
Total number of units listed and sold in Islington | City Centre West