Maintenance Fees
Palais at Port Royal Place vs The Islington | City Centre West Area
1407 - 3 Michael Power Pl
$639,0002 bds2 ba1 pk800 - 899 sqft
For SalePalais at Port Royal Place
5.0
6 Days on Strata
$639,000
2 Beds
2 Bath
1 Parking
800 - 899 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$851/mth
Taxes:
$2,516 (2025)
Cost Per Sqft:
$711 - $799/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South East
Possession Date:
To Be Determined
Laundry:
Main
Amenities
Sauna
Indoor Parking
Gym
Bike Storage
Visitor Parking
Indoor Pool
Games Room
Media Room
Party Room
Concierge
About this Listing
This Absolutely Stunning, Bright and Spacious 2 Bedroom Corner Suite in Sought-After Islington-City Centre West boasts a breathtaking view paired with complete privacy from your balcony is a rare and luxurious combination. This Unit features an Open Concept Layout with Laminate Flooring, a Large Master Bedroom with a 3pc Ensuite, Mirrored Closet Doors in Both Bedrooms, a Modern Kitchen with Ample Storage and In-Suite Laundry plus the convenience of One Parking Spot, One Locker, 24/7 Concierge Service, Fitness Room, Indoor Pool and Plenty of Visitor Parking, Move-In Ready and Perfectly located minutes from the GO Station, Islington Subway, Shops and Dining. This Unit is ideal for anyone seeking comfort and unbeatable Urban Living.!!!
ExtrasAll Light Fixtures, Washer/Dryer, Stainless Steel Appliances: Fridge, Stove, B/I Dishwasher, B/I Microwave, Wooden Balcony Tiles (2025) and Free Standing Lamps. Locker and 1 Underground Parking.
ipro realty ltd.MLS® #W12084041
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
hardwood floor, Combined with Dining, Walkout To Balcony
18.67 x 10.83ft
Dining
hardwood floor, Combined with Living
18.67 x 10.83ft
Kitchen
Ceramic Floor, Granite Counter, Window
7.81 x 7.91ft
Primary
hardwood floor, Ensuite Bath, Window
12.83 x 10.01ft
2nd Bedroom
hardwood floor, Window
10.01 x 9.68ft
Buyer's Market
Balanced
Seller's Market
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7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
9/10
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Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
6/10
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The bike lane starts to feel like a second home.
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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
Household Income
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%
Building Trends At Palais at Port Royal Place
Days on Strata
Units at Palais at Port Royal Place spend an average of
33
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Islington | City Centre West
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty Value
-6%
Decrease in property value within the past twelve months
Price Ranking
24th
Highest price per SQFT out of 74 condos in the Islington | City Centre West area
Sold Units
12
Units were Sold over the past twelve months
Rented Units
17
Units were Rented over the past twelve months
Best Value Rank
Palais at Port Royal Place offers the best value out of 74 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Palais at Port Royal Place has the highest ROI out of 74 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Palais at Port Royal Place yields the highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood
?
High Demand
Palais at Port Royal Place is the most popular building out of 74 condos in the Islington | City Centre West neighbourhood
?
Market Insights
Transaction Insights at Palais at Port Royal Place
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $478,000 - $523,000 | No Data | $585,000 - $620,000 | No Data |
| Avg. Cost Per Sqft | $895 | No Data | $727 | No Data |
| Price Range | $2,250 - $2,500 | $2,425 - $2,700 | $2,900 - $3,200 | $3,100 - $3,200 |
| Avg. Wait for Unit Availability | 58 Days | 70 Days | 49 Days | 299 Days |
| Avg. Wait for Unit Availability | 46 Days | 105 Days | 52 Days | 275 Days |
| Ratio of Units in Building | 37% | 22% | 40% | 3% |
Market Inventory
Total number of units listed and sold in Islington | City Centre West
