Toronto / Etobicoke / Islington | City Centre West

506 - 7 Michael Power Pl

Virtual Tour

1 / 33

For SalePort Royal Place V Condos

$569,900

Price Increase: $549,900

1 Bed + 1

1 Bath

1 Parking

800 SQFT

84 Days on Strata

Est Sell Timeframe

3 Days

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$712/mth

Taxes:

$1,832 (2023)

Cost Per Sqft:

$712/sqft

Locker:

Owned

Outdoor Space:

Terrace

Exposure:

South

Possession Date:

July 31, 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

Hardwood Floor, Combined with Dining

14.99 x 10.6ft

Dining

Hardwood Floor, Combined with Living, Walkout To Balcony

14.99 x 10.6ft

Kitchen

Ceramic Floor, Breakfast Area, Modern Kitchen

8.6 x 8.6ft

About this Listing

See 3D tour first, It is one of a kind unit with 2 open terraces facing interior of the buildings - it makes it very quite !!! Then note - Low property taxes ($1,832,26), Low maintenance includes all utilities !!!! 2 open Terraces, one underground parking spot and one locker incl. Absolutely gorgeous with rare find double terrace, bright & spacious open concept 1 bedroom + Den Suite with Parking & Locker at the luxurious Port Royale Place ! Maintenance include all utilities !!!! Enjoy entertaining in a modern style kitchen with upgraded finishes including an oversized quartz island. This suite includes two walkouts to amazing terrace, see 3D tour and pictures. Enjoy many building amenities including: Exercise room, movie theatre, games room, Concierge, Exercise Room, Gym, Party/Meeting Room, Visitor Parking. Islington or Kipling Subway stations is located within a short walking distance. Easy access to Go Train, Pearson Airport, 427 & QEW, parks, restaurants, schools, playgrounds & shopping. Well managed building with plenty of visitor parking. Parking Space + Large storage locker included.

ExtrasSee 3D Materport Tour and pictures. Its all real pictures of the subject property and 3Dtour.

ipro realty ltd.MLS® #W8472610

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

Average Household Income

$103,533

Dominant Housing Type

High Rise Apartment

Population By Age

0 - 14

14%

15 - 19

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+

$125,000+

Housing Types & Tenancy

High Rise Apartment

32%

Detached

31%

Semi Detached

23%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

English

59%

Other

15%

Mandarin

12%

Cantonese

10%

Tagalog

Spanish

Korean

Tamil

Education

University and Above

38%

High School

24%

College

15%

None

14%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

25%

Architecture & Engineering

19%

Social Sciences

13%

Health & Related Fields

12%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Personal, Protective & Transportation Services

Visual & Performing Arts

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

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

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

Units were Sold over the past twelve months

Rented Units

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 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	$3,050	No Data
Avg. Wait for Unit Availability	126 Days	309 Days	109 Days	448 Days
Avg. Wait for Unit Availability	157 Days	287 Days	207 Days	No Data
Ratio of Units in Building	34%	25%	39%	4%

Transactions vs Inventory

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