$399,900

For saleJust listed

#601 17 Michael Power Place, Toronto (Islington-City Centre West) - Single Family for Sale

#601 17 Michael Power Place, Toronto (Islington-City Centre West), Ontario, M9A5G5

1 bed1 bath1 parking650 ft²$759/mo condo feeListed 7 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $399,900, it is attractively priced about 23% below the $519,000 median asking price in Toronto. It has been on the market 7 days, fresher than the Toronto average of 57 days.

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Description

A spacious bedroom, modern kitchen, quiet balcony, parking, locker, and utilities included in the maintenance fees-Suite 601 gives you plenty of reasons to look closer. See it in person with gorgeous furnishings just to test out how spacious it is. Set in a quiet, nine-storey building in the heart of Etobicoke, this well-kept condo offers comfortable, open-concept living, a private balcony, fresh paint and an upgraded washer and dryer. It's ready for you to move in and make it home. The value goes beyond the suite. Heat, hydro and water are all included in the maintenance fees, making monthly budgeting simpler. Your own parking space, a good-sized storage locker and a built-in bike rack at your parking spot add everyday convenience. Enjoy a smaller, established building with a welcoming community, a park just outside, and shops, everyday essentials and both Islington and Kipling subway stations close by. Whether you're buying your first home or looking to downsize, this home brings together comfort, convenience and good value in a great location. If those are on your list, this one deserves a visit. (id:66096)

Property Details

MLS®: W14124604
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $759/mo
Fee Includes: Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,933.62/yr
Listed: 7 days ago

Rooms

Main level

Kitchen: 2.74 x 2.13 meters
Living room: 3.33 x 3.2 meters
Dining room: 2.16 x 3.2 meters
Primary Bedroom: 4.67 x 2.8 meters
Bathroom: 2.36 x 1.5 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dryer, Microwave, Cooktop, Blinds
Flooring: Laminate, Ceramic
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Islington-City Centre West) listings, avg age

57d

Price / ft²

$616

List price

$400K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Islington-City Centre West) has been listed for 7 days, which is 50 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · ANNA EMMANOUIL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9A)

This home lists at $399,900, about 4.3× the local median household income of $93,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $93,000
Population: 36,642
Median age: 43.2
Owner / renter: 51% / 49%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M9A)

$399,900· $616/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$161/mo

Condo fee$759/mo

Total monthly$3,027

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$8,947

Est. closing costs$3,700

Total cash needed$32,642

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