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    Toronto / Etobicoke / Islington | City Centre West

    1408 - 5 Michael Power Pl

    For SalePort Royal Place VI Condos
    $618,888
    2 Beds
    2 Bath
    1 Parking
    817 SQFT
    10 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $797/mth
    Taxes:
    $2,310 (2024)
    Cost Per Sqft:
    $758/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    April 30, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    None
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    12.01 x 15.49ft
    Dining
    Laminate, Combined with Living
    12.01 x 15.49ft
    Kitchen
    Tile Floor, Granite Counter
    7.68 x 8.66ft

    About this Listing

    Experience the perfect blend of comfort and convenience in this bright 2-bedroom condo, featuring a functional split layout and East exposure in the heart of Islington Village. With floor-to-ceiling windows, fresh paint, and an open-concept living and dining area, the space feels light and inviting.This thoughtfully designed unit includes full-size laundry, a parking spot, and a locker for extra storage. The location couldnt be better just steps from Islington Subway Station, with easy access to downtown Toronto and major highways (427/QEW/Gardiner/401). Enjoy a short walk to parks, shops, and a variety of dining options, from casual to upscale.The building offers impressive amenities, including a gym, a spacious party room, visitor parking, and recently upgraded common areas with modern hallways, doors, and enhanced security.Whether you're seeking a comfortable home or a lively neighborhood, this condo is the ideal choice for a balanced lifestyle.

    ExtrasParking, Locker HE full size Washer/Dryer

    psrMLS® #W11934146

    Amenities

    Party Room
    Concierge
    BBQs Allowed
    Security System
    Visitor Parking
    Rec Room

    Explore Neighbourhood

    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 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 VI Condos vs The Islington | City Centre West Area

    Building Trends At Port Royal Place VI Condos

    Days on Strata

    Units at Port Royal Place VI Condos spend an average of
    30
    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

    37th
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Port Royal Place VI Condos offers the
    ?
    best value out of 74 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Port Royal Place VI Condos has the
    ?
    highest ROI out of 74 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Port Royal Place VI Condos yields the
    ?
    highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood

    High Demand

    Port Royal Place VI Condos is the
    ?
    most popular building out of 74 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$888$769$683
    Avg. Wait for Unit Availability67 Days123 Days56 Days
    Ratio of Units in Building36%21%45%

    Transactions vs Inventory

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