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    Port Royal Place VI Condos
    1for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    24
    Number of Units:
    207
    Condo Completion:
    2009
    Condo Demand:
    Medium
    Unit Size Range:
    525 - 949 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Port Royal Place VI Condos

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    Amenities

    Bike Storage
    Rec Room
    Visitor Parking
    Indoor Parking
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 5 Michael Power PlacePort Royal Place VI Condos

    Some condos are so successful that a second, or perhaps even a third is built as part of the same complex. The Port Royal Place VI Condos, as you might have guessed from the name, is actually the sixth installment of Port Royal Place, with this 2009-built tower constructed 6 years after the first. So if you're in love with this property and can't find a unit, there's always I, II, III, IV, and V.

    The 24-storey, brick, stone, and glass edifice contains 207 Etobicoke condos and was constructed by Pemberton Group. Those living at 5 Michael Power Place can rest easy knowing a concierge is looking after the building and its residents, plus they have access to underground parking (with visitor spots), a party room, and a gym.

    The Suites

    The homes at 5 Michael Power Place are ideal for residents looking for something on the smaller side. Suites start at 550 and reach to around 950 square feet, and contain one bedroom, one bedroom plus a den, or two bedrooms each.

    Classic, elegant wooden doors line the halls of 5 Michael Power, opening up into unfussy living spaces. Although none of the homes in the building spans more than 1,000 square feet, they still manage to feel large and airy thanks to wall-to-wall, floor-to-ceiling windows and open concept layouts.

    The Neighbourhood

    Islington and City Centre West is a large Etobicoke neighbourhood that reaches from the Gardiner Expressway to Rathburn Road, and from the 427 to Islington. This varied neighbourhood is home to industrial pockets, residential areas, and plenty of green space, with the area directly surrounding 5 Michael Power Place about as charming as it gets.

    A few blocks north of the Port Royal Place VI Condos sits Dundas Street West, which is home to restaurants, bakeries, and bars, as well as an open-air art gallery of sorts. The stretch of Dundas between Islington and Kipling is known as Toronto’s Village of Murals, as the street is lined with murals depicting the neighbourhood’s history.

    When it comes time to grocery shop, residents living at 5 Michael Power Place have numerous options, from the Sobeys Urban Fresh on Bloor West to the No Frills at Islington and Norseman Street. And speaking of food, residents won’t want to miss the Taste of the Kingsway, an annual food festival held in early September on Bloor near Royal York.

    Transportation

    Living so close to Bloor Street has its perks for residents heading to destinations throughout the city. Those without access to a car can walk over to Islington Station in about 10 minutes, and from there passengers can hop onto subway trains heading east along the Bloor-Danforth line toward the city centre. When using the subway, residents can reach Union Station in around 45 minutes.

    As for residents who prefer to drive, it doesn’t hurt to have both the Gardiner Expressway and the 427 so close at hand. The former is useful for those heading toward downtown Toronto, while the latter can be used to reach Pearson International Airport or the 401. And with wider roadways and a less dense population in Etobicoke, residents driving around the immediate area don’t have to deal with the same level of traffic that plagues the downtown core.

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    Explore Islington | City Centre West

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar condos

    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%

    Maintenance Fees

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

    Days on Strata

    Units at Port Royal Place VI Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    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
    5.7
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    23rd
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Port Royal Place VI Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Port Royal Place VI Condos has the
    ?
    highest ROI out of 58 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Port Royal Place VI Condos yields the
    ?
    highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood

    High Demand

    Port Royal Place VI Condos is the
    ?
    most popular building out of 58 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 5 Michael Power Place

    1 Bed1 Bed + Den2 Bed
    Price Range$482,000 - $510,000$525,000$582,000 - $585,000
    Avg. Cost Per Sqft$896$769$683
    Avg. Wait for Unit Availability67 Days119 Days56 Days
    Ratio of Units in Building34%22%45%

    Unit Sales vs Inventory

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