Toronto / Etobicoke / Islington | City Centre West

1101 - 7 Michael Power Pl

1 / 37

For SalePort Royal Place V Condos

$495,000

Price Cut: $525,000

1 Bed

1 Bath

1 Parking

565 SQFT

147 Days on Strata

Est Sell Timeframe

6 Days

Listing History

Unit Highlights

Property Type:

Condo

Maintenance Fees:

$618/mth

Taxes:

$1,686 (2023)

Cost Per Sqft:

$876/sqft

Locker:

Owned

Outdoor Space:

Terrace

Exposure:

South

Possession Date:

June 1, 2024

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

Highly Motivated to SELL!! Huge Price Change!!!! Bigger than other 1 BD, 1BA at 565 sqft.! Includes 1 Parking and Storage/Locker. If you work or study in Downtown Toronto, this is your Practical Alternative! Take a 5 Minute Walk to either Islington or Kipling Subways and in 15 minutes be in U0fT, TMU or Downtown! Imagine Low Maintenance including ALL Utilities! Spacious traditional U-shaped Kitchen rare in new condos. Good sized Primary Bedroom fits Queen Bed, side tables, a desk and TV unit. Ensuite Washer and Dryer. Flooded with light from floor to ceiling sliding glass doors and walkout to Balcony, sit and relax on your patio chairs enjoying good view of cul-de-sac - come and see to appreciate.

ExtrasEasy Access to 427 & QEW, TTC and GO Buses. Well Managed and Fully Monitored Building, Concierge with Security Guard, Plenty of Visitor Parking, unlimited choice of restaurants, shopping, and pharmacy.

one percent realty ltd.MLS® #W8409052

Amenities

Security System

Rooftop Deck

Visitor Parking

Bike Storage

Games Room

Indoor Parking

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

Average Household Income

$103,533

Dominant Housing Type

High Rise Apartment

Population By Age

0 - 14

14%

15 - 19

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+

$125,000+

Housing Types & Tenancy

High Rise Apartment

32%

Detached

31%

Semi Detached

23%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

English

59%

Other

15%

Mandarin

12%

Cantonese

10%

Tagalog

Spanish

Korean

Tamil

Education

University and Above

38%

High School

24%

College

15%

None

14%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

25%

Architecture & Engineering

19%

Social Sciences

13%

Health & Related Fields

12%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Personal, Protective & Transportation Services

Visual & Performing Arts

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

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

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

5.1

YEARS before being sold again

Property Value

-6%

Decrease in property value within the past twelve months

Price Ranking

26th

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

Sold Units

Units were Sold over the past twelve months

Rented Units

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 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	$480,000 - $490,000	No Data	$565,000 - $645,000	No Data
Avg. Cost Per Sqft	$888	No Data	$757	No Data
Price Range	$2,300 - $2,450	$2,400 - $2,600	$3,050	No Data
Avg. Wait for Unit Availability	126 Days	309 Days	109 Days	472 Days
Avg. Wait for Unit Availability	157 Days	287 Days	207 Days	No Data
Ratio of Units in Building	34%	25%	39%	4%

Transactions vs Inventory

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