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    Toronto / Etobicoke / Islington | City Centre West

    1101 - 7 Michael Power Pl

    For SalePort Royal Place V Condos
    $495,000
    Price Cut: $525,000
    1 Bed
    1 Bath
    1 Parking
    565 SQFT
    103 Days on Strata
    Est Sell Timeframe
    3 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $618/mth
    Taxes:
    $1,686 (2023)
    Cost Per Sqft:
    $876/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South
    Possession Date:
    June 1, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Glass Doors
    17.75 x 11.06ft
    Dining
    Combined with Living, Walkout To Balcony, Glass Doors
    17.75 x 11.06ft
    Kitchen
    14.83 x 8.24ft

    About this Listing

    Highly Motivated to SELL!! Huge Price Change!!!! Bigger than other 1 BD, 1BA at 565 sqft.! Includes 1 Parking and Storage/Locker. If you work or study in Downtown Toronto, this is your Practical Alternative! Take a 5 Minute Walk to either Islington or Kipling Subways and in 15 minutes be in U0fT, TMU or Downtown! Imagine Low Maintenance including ALL Utilities! Spacious traditional U-shaped Kitchen rare in new condos. Good sized Primary Bedroom fits Queen Bed, side tables, a desk and TV unit. Ensuite Washer and Dryer. Flooded with light from floor to ceiling sliding glass doors and walkout to Balcony, sit and relax on your patio chairs enjoying good view of cul-de-sac - come and see to appreciate.

    ExtrasEasy Access to 427 & QEW, TTC and GO Buses. Well Managed and Fully Monitored Building, Concierge with Security Guard, Plenty of Visitor Parking, unlimited choice of restaurants, shopping, and pharmacy.

    one percent realty ltd.MLS® #W8409052

    Amenities

    Party Room
    Rooftop Deck
    Games Room
    Bike Storage
    Media Room
    Visitor Parking

    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    Port Royal Place V Condos vs The Islington | City Centre West Area

    Building Trends At Port Royal Place V Condos

    Days on Strata

    Units at Port Royal Place V Condos spend an average of
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    31st
    Highest price per SQFT out of 59 condos in the Islington | City Centre West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Port Royal Place V Condos offers the
    ?
    best value out of 59 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Port Royal Place V Condos has the
    ?
    highest ROI out of 59 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Port Royal Place V Condos yields the
    ?
    highest rent prices out of 59 condos in the Islington | City Centre West neighbourhood

    High Demand

    Port Royal Place V Condos is the
    ?
    most popular building out of 59 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 7 Michael Power Place

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$480,000 - $490,000$580,000$565,000 - $645,000No Data
    Avg. Cost Per Sqft$888$924$764No Data
    Avg. Wait for Unit Availability126 Days309 Days109 Days448 Days
    Ratio of Units in Building34%25%39%4%

    Transactions vs Inventory

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