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    Toronto / Etobicoke / Islington | City Centre West

    1101 - 7 Michael Power Pl

    For SalePort Royal Place V Condos
    $493,900
    1 Bed
    1 Bath
    1 Parking
    565 SQFT
    28 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $618/mth
    Taxes:
    $1,810 (2024)
    Cost Per Sqft:
    $874/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    South
    Possession Date:
    To Be Arranged
    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

    Fantastic Location. This charming 1-bedroom condo offers an open and practical floor plan, making the most of its space for comfortable living. Large, full-size windows flood the unit with natural daylight, creating a bright and welcoming atmosphere. Located just steps away from the subway, this condo offers convenient access to public transit and nearby amenities. The maintenance fee covers all utilities, including hydro and water, providing worry-free living. Situated in a safe and friendly community, the property also includes-parking and a locker- for extra storage. Ideal for those seeking a modern and hassle-free lifestyle close to the city. A must see. Why Rent?

    ExtrasClose to all amenities, Safe and friendly Building. Gym. Virtual Golf. Less than 20 min. to Downtown Toronto. Why Rent?

    modern solution realty inc.MLS® #W11189999

    Amenities

    Visitor Parking
    Rec Room
    Concierge
    Games Room
    Media Room
    Gym Room

    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
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    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
    5.2
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    33rd
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    5
    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 V Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 7 Michael Power Place

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$490,000$542,500$630,000 - $645,000No Data
    Avg. Cost Per Sqft$850$687$763No Data
    Avg. Wait for Unit Availability126 Days317 Days109 Days472 Days
    Ratio of Units in Building34%25%39%4%

    Transactions vs Inventory

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