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    Toronto / Etobicoke / Islington | City Centre West

    709 - 5 Michael Power Pl

    For SalePort Royal Place VI Condos
    $499,999
    1 Bed
    1 Bath
    1 Parking
    577 SQFT
    11 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $578/mth
    Taxes:
    $1,896 (2024)
    Cost Per Sqft:
    $867/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    60-70-90
    Laundry:
    Main
    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
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Combined with Dining
    14.8 x 10.4ft
    Dining
    Laminate, Breakfast Bar, Combined with Living
    14.8 x 10.4ft
    Kitchen
    Ceramic Floor, Granite Counter, Stainless Steel Appliances
    7.51 x 8.6ft

    About this Listing

    Welcome to the Port Royal Condos on the Hallowed grounds of the former Michael Power School. Large grounds with pleasing gardens with a plethora of trees, makes this property lovely and quiet and beautiful. Smart floor plan ideal home of first time buyer. Balcony faces the grounds and and trees affording a more quiet atmosphere. This One - Bedroom unit has had newer wide plank laminate floors and newer appliances 2019. This light filled unit has beautiful morning sunshine, and quaint balcony to enjoy your coffee with nature. Open Concept Kitchen, Dining and Living are are combined. Bathroom with Tub/ shower combo. A new community center is under constructions and both Islington and Kipling subways are short walk. There is a lovely community feel on Dundas west with lots of independent stores and restaurants.

    lionheart realtyMLS® #W11982654

    Amenities

    Indoor Parking
    Visitor Parking
    Bike Storage
    Rec Room
    Gym Room
    Games 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
    26
    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 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

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    34th
    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

    6
    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 - $625,000
    Avg. Cost Per Sqft$875$769$699
    Avg. Wait for Unit Availability67 Days123 Days58 Days
    Ratio of Units in Building36%21%45%

    Transactions vs Inventory

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