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              #2707 3 Michael Power Place

              near Bloor & Dundas
              $589,000 2+0bdr • 2ba • 1kit • 800-899sf
              Average Income
              $53,166
              Population Age
              41 y/old
              School Score
              8.25/10
              Price Index Change 1y
              +10.08%
              Price Index Change 3y
              +15.51%
              Rent Index Change 1y
              -1.76%
              Rent Index Change 3y
              +14.84%

              Condo Apt • Apartment #2707 • 26 Level

              #2707 3 Michael Power Place, Islington-City Centre West, Toronto
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 800-899
              • garage 1.0 Undergrnd
              • exposure S
              • age 6-10
              • locker Owned
              • possession

                Immediate

              $589,000

              $1,985.02
              Tax yr: 2020

              $658.63/m

              CALCULATED NUMBERS:

              $2210.00

              calculator

              $2434

              3

              72 Very Walkable

              98 Rider's Paradise

              76 Very Bikeable

              8.25/10

              Location Details
              • Toronto

              • Toronto

              • Islington-City Centre West

              • Bloor & Dundas

              • M9A0A2

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              ROYAL LEPAGE SIGNATURE REALTY, BROKERAGE

              Property Overview
              Heart Of Islington Village.Spectacular View Of Toronto Skyline & Lake From 27th Floor. Corner Unit. This 2 Bedroom 2 Washroom Home Comes W/1 Parking & Locker. Master Bedroom Has Ensuite Washroom. Sunlit & Spacious Layout. Granite Countertop & Steel Appliances In The Kitchen. New Floors (2020) In Living/Dining & Bedrooms. Freshly Painted (2020). Walking Distance To Islington Subway, Ttc, Parks, Schools, Bloor Street, Shops, Restaurants, Kipling Go Station.
              Extras: S/S Appliances - Fridge, Stove, Dishwasher, B/I Microwave, Stacked Washer & Dryer. Immaculate And Ready To Move-In.
              Property Features
              • Clear View
              • Hospital
              • Park
              • Place Of Worship
              • Public Transit
              • School
              • Concrete
              • Concierge
              • Exercise Room
              • Indoor Pool
              • Party/Meeting Room
              • Security Guard
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Seller Property Info Statement
              • Family Room
              • Cable TV Included
              Rooms details
              Living
              • Flat Level
              • Laminate
              • Combined W/Dining
              • W/O To Balcony
              • Size 5.69x3.30
              Dining
              • Flat Level
              • Laminate
              • Combined W/Living
              • Open Concept
              • Size 5.69x3.30
              Kitchen
              • Flat Level
              • Ceramic Floor
              • Granite Counter
              • Window
              • Size 2.41x2.34
              Master
              • Flat Level
              • Laminate
              • 4 Pc Ensuite
              • Picture Window
              • Size 3.91x3.05
              2nd Br
              • Flat Level
              • Laminate
              • Closet
              • Picture Window
              • Size 3.05x2.95
              Laundry
              • Flat Level
              • Ceramic Floor
              Basement
              • None
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              • Listing added to site: 2020-11-20 14:47:07
              • Last updated: 2020-11-25 00:38:57
              • Photos updated: 2020-11-20
              • Contract date: 2020-11-20
              • Input date: 2020-11-20
              • Expiry date: 2021-02-20
              • Closed date: 0000-00-00
              • Condition expiry date: 2020-12-09
              • 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: Cos
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              2707 3 Michael Power Place is a condo apt apartment, located in Islington-City Centre West of city of Toronto, Toronto region, near Bloor & Dundas, and has been available for sale on CondosDirect since 2020-11-20. This unit is located at level 26 of the building and has South exposure of Michael Power Pl. Condo registry office is TSCP, corporation number 2226.

              Lot Size and Living Area:

              2707 3 Michael Power Place has 5+0 rooms in total, including 2+0 bedroms, 2 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 800-899 square feet. 3 Michael Power Place building was built appriximately 6-10 years ago.
              1.0 parking space(s) are owned and located undergrnd at level P3 . 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 Clear View, Hospital, Park, Place Of Worship, Public Transit, School at, or near the property.
              AIDA has also found the following features: Motivated Seller Indications, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              2707 3 Michael Power Place condo apt is listed for $589,000. Property tax for year 2020 was $1,985. And the monthly maintenance fee was $659.

              Comparative Market Analysis:

              There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $549,655.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,210, and total expenses, including the mortgage, property tax and maintenance, fee around $2,430, assuming $589,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 2707 3 Michael Power Place, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Islington-City Centre West, where 3 Michael Power Place is located, has $772,685 Home Price Index, and $2,283 Home Rent Index. Average household income at dissemination area of 3 Michael Power Place is $53,166, and average polulation age is 41 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,814, and average Home Rent Index $2,567.

              Similar Properties & Community Details:

              There are similar to 2707 3 Michael Power Place 2 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 3 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 3 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, 98, and 76 accordingly, location of 3 Michael Power Place overall can be described as Very Walkable, Rider's Paradise, and Very Bikeable.

              2707 3 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)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (95 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?
              You may expect 48 to 58 properties like that to be sold in Islington-City Centre West during the next 30 days.
              Seasonal sales fluctuation is showing 33% inventory increase comparing to the average annual number, which is equvalent to 39.92 properties sold per month, and 7% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 6 days, which is 12 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 8% D.O.M. increase comparing to the average annual number, which is equvalent to 16 D.O.M., and -1% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Islington-City Centre West.
              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 W4995593 Comparative Market Analysis
              2707 3 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 +10.08% comparig to the City of Toronto average of +12.835%

              Price Index 3y

              Price Index change was +15.51% comparig to the City of Toronto average of +5.525%

              Rent Index 1y

              Rent Index change was -1.76% comparig to the City of Toronto average of +2.81%

              Rent Index 3y

              Rent Index change was +15.51% comparig to the City of Toronto average of +5.525%

              Walkscore

              Walkscore 72 out of 100 means Very Walkable

              Transitscore

              Transitscore 98 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.25 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $8,500 Cashback
              $569,900
              2br 2ba 800-899sf

              Prop Tax

              $2,109

              Condo Fee

              $668

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              64

              Compare$569,981

              $10,100 Cashback
              $674,900
              2+1br 2ba 900-999sf

              Prop Tax

              $2,278

              Condo Fee

              $763

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              64

              Compare$627,514

              $9,300 Cashback
              $619,900
              2br 2ba 1000-1199sf

              Prop Tax

              $2,592

              Condo Fee

              $664

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $7,200 Cashback
              $479,900
              2br 1ba 800-899sf

              Prop Tax

              $1,667

              Condo Fee

              $664

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              60

              Compare$393,080

              $7,500 Cashback
              $500,000
              2br 2ba 900-999sf

              Prop Tax

              $1,661

              Condo Fee

              $782

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              49

              Compare$496,380

              $7,700 Cashback
              $514,900
              2br 2ba 700-799sf

              Prop Tax

              $1,901

              Condo Fee

              $431

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$520,589

              $10,500 Cashback
              $699,800
              2br 2ba 700-799sf

              Prop Tax

              $2,332

              Condo Fee

              $542

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare n/a

              $7,300 Cashback
              $489,000
              2+1br 2ba 1000-1199sf

              Prop Tax

              $1,245

              Condo Fee

              $928

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              66

              Compare n/a

              $9,000 Cashback
              $599,900
              2br 2ba 700-799sf

              Prop Tax

              $2,585

              Condo Fee

              $540

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              98

              Compare n/a

              $8,700 Cashback
              $579,900
              2br 2ba 900-999sf

              Prop Tax

              $1,931

              Condo Fee

              $724

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              45

              Compare$513,005

              $8,800 Cashback
              $589,800
              2+1br 2ba 800-899sf

              Prop Tax

              $1,829

              Condo Fee

              $687

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              69

              Compare$567,083

              $9,700 Cashback
              $649,999
              2+1br 2ba 800-899sf

              Prop Tax

              $2,272

              Condo Fee

              $468

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              79

              Compare n/a