Condo Apt • Apartment #1506 • 14 Level
#1506 1 Michael Power Place, Islington-City Centre West, Toronto
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1+1 bedr, 1 bath
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1
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600-699
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1.0 Undergrnd
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Sw
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0-5
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Owned
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Immediate
$549,000
$1,709.16
Tax yr: 2020
$517.20/m
CALCULATED NUMBERS:
72 Very Walkable
97 Rider's Paradise
70 Very Bikeable
8.25/10
Location Details
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Toronto
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Toronto
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Islington-City Centre West
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Islington/Bloor/Dundas
Listing Details Provided By

Listing Brokerage
ROYAL LEPAGE WEST REALTY GROUP LTD., BROKERAGE
Property Overview
Property Features
- Park
- Public Transit
- Brick
- Stucco/Plaster
- Concierge
- Gym
- Indoor Pool
- Sauna
- Security Guard
- Visitor Parking
- Common Elements Included
- Ensuite Laundry
- Heat Included
- Parking Included
- Water Included
- Family Room
- CAC Included
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Condo Taxes Included -
Fireplace/Stove -
Hydro Included -
Building Insurance Included -
Cable TV Included
Rooms details
Kitchen
- Flat Level
- Centre Island
- Stainless Steel Appl
- Granite Counter
- Size 2.76x2.52
Living
- Flat Level
- Laminate
- Combined W/Dining
- W/O To Balcony
- Size 4.53x3.26
Dining
- Flat Level
- Laminate
- Combined W/Living
- Open Concept
- Size 4.53x3.26
Den
- Flat Level
- Laminate
- L-Shaped Room
- Separate Rm
- Size 2.57x2.51
Br
- Flat Level
- Laminate
- Double Closet
- Separate Rm
- Size 3.03x3.63
Basement
- None
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Get pre-approved- Listing added to site: 2021-01-11 18:43:09
- Last updated: 2021-01-12 00:44:46
- Photos updated: 2021-01-11
- Contract date: 0000-00-00
- Input date: 0000-00-00
- Expiry date: 0000-00-00
- Closed date: 0000-00-00
- Condition expiry date: 0000-00-00
- Extension entry date: 0000-00-00
- Sold date: 0000-00-00
- Suspended date: 0000-00-00
- Terminated date: 0000-00-00
- Unavailable date: 0000-00-00
- Condition:
Questions?
Have a question about 1 Michael Power Place?
Ask your buyer agent, or Book a Showing to visit this property.
Yuriy Setko
Real Estate Broker
Right At Home Realty Investments Group Brokerage
895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3
English Russian UkranianTravel Times, Streetview, Walkscore
1506 1 Michael Power Place Property & Location Overview Powered By AIDA
Listing Overview
General:
1506 1 Michael Power Place is a condo apt apartment, located in Islington-City Centre West of city of Toronto, Toronto region, near Islington/Bloor/Dundas, and has been available for sale on CondosDirect since 2021-01-11. This unit is located at level 14 of the building and has South-West exposure of Michael Power Pl. Condo registry office is TSCP, corporation number 2457.
Lot Size and Living Area:
1506 1 Michael Power Place has 5+0 rooms in total, including 1+1 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
Living area of this condo unit is within the range of 600-699 square feet. 1 Michael Power Place building was built appriximately 0-5 years ago.
1.0 parking space(s) are owned and located undergrnd at level P2 . The locker is owned. This condo has an ensuite laundry.
Heating and Cooling:
The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.
Listing Features:
This condo is featuring Park, Public Transit at, or near the property.
AIDA has also found the following features: Open Concept, Motivated Seller Indications, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.
Price & Cost Overview
General:
1506 1 Michael Power Place condo apt is listed for $549,000. Property tax for year 2020 was $1,709. And the monthly maintenance fee was $517.
Comparative Market Analysis:
There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $525,339.
Visit a customized Comparative Market Analysis page for more details.
Mortgage and Other Expenses:
Your monthly mortgage payments will be $2,060, and total expenses, including the mortgage, property tax and maintenance, fee around $2,246, assuming $549,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
Use our Mortgage and Investment Calculator, customized especially for 1506 1 Michael Power Place, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.
Location Overview
General:
Islington-City Centre West, where 1 Michael Power Place is located, has $786,947 Home Price Index, and $2,238 Home Rent Index. Average household income at dissemination area of 1 Michael Power Place is $53,166, and average polulation age is 41 years old.
Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $1,063,774, and average Home Rent Index $2,544.
Similar Properties & Community Details:
There are similar to 1506 1 Michael Power Place 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
Learn about the prices of Recently Sold Condos and Recently Rented Condos near 1 Michael Power Place.
You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Islington-City Centre West neighborhood in city of Toronto.
Schools:
There are at least 2 school(s) located near 1 Michael Power Place, or schools, which boundaries this address belongs to with an average School Score 8.25 out of 10. Here are more details about these schools:
1. Islington Junior Middle School (Grades JK-08), Public, Intermediate, ranked as Good.
2. Etobicoke Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.
Walkscore, Transitscore, and Bikescore:
With Walkscore, Transitscore, and Bikescore of 72, 97, and 70 accordingly, location of 1 Michael Power Place overall can be described as Very Walkable, Rider's Paradise, and Very Bikeable.
1506 1 Michael Power Place Listings History Powered by AIDA
Islington-city Centre West, Toronto Sales & Rent History Powered by AIDA
Disclaimer
All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.
City of Toronto Condos MOI (Months of Inventory)
It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (48 days).
Sellers are not likely to negotiate the price, but it is easier to sell your own property.
Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
How often similar homes sell?
Seasonal sales fluctuation is showing 14% inventory increase comparing to the average annual number, which is equvalent to 40.83 properties sold per month, and -5% decline comparing to the last six months.
How soon can it be sold?
Seasonal sales fluctuation is showing 36% D.O.M. increase comparing to the average annual number, which is equvalent to 18 D.O.M., and 22% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
At what price can it be sold?
The selling to asking price ratio is declining in Islington-City Centre West.
This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W5081275 Comparative Market Analysis
1506 1 Michael Power Place Investor's Outlook Powered by AIDA
Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Islington-city Centre West, Toronto, to the City of Toronto for the projects listed on our site.
Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.
Price Index 1y
Price Index change was +12.64% comparig to the City of Toronto average of +9.155%
Price Index 3y
Price Index change was +18.98% comparig to the City of Toronto average of +4.315%
Rent Index 1y
Rent Index change was -4.68% comparig to the City of Toronto average of +0.51%
Rent Index 3y
Rent Index change was +18.98% comparig to the City of Toronto average of +4.315%
Walkscore
Walkscore 72 out of 100 means Very Walkable
Transitscore
Transitscore 97 out of 100 means Rider's Paradise
Bikescore
No sufficient data available
Schoolscore
Schoolscore is 8.25 out of maximum 10 points
Schools and Ratings
** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.
Demographics & Housing Statistics
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