$424,900
Toronto
#709 5 Michael Power Place, Toronto (Islington-City Centre West), Ontario, M9A0A3
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $424,900, it is attractively priced about 17% below the $515,000 median asking price in Toronto. It has been on the market 23 days, fresher than the Toronto average of 57 days.
Welcome to Port Royal Condos at 5 Michael Power Place, where convenience meets a peaceful residential setting in the heart of Islington-City Centre West. This bright 1-bedroom suite offers 577 sq. ft. of thoughtfully designed living space with a functional open-concept layout and desirable southeast exposure. Enjoy newer wide-plank laminate flooring, a modern kitchen with granite countertops, stainless steel appliances and a breakfast bar, plus ensuite laundry for everyday convenience. The combined living and dining area walks out to a private open balcony overlooking the beautifully landscaped grounds, mature trees and surrounding skyline, creating a quiet setting to enjoy your morning coffee. The spacious bedroom features a large window and closet, filling the space with natural light. An owned underground parking space and owned locker are both included. Maintenance fees include heat, water, central air conditioning, building insurance, common elements and parking, helping keep monthly expenses more predictable. Residents enjoy excellent building amenities including concierge service, gym and exercise room, party/meeting room, bike storage and visitor parking. Ideally located near both Islington and Kipling subway stations, with parks, schools, public transit, shops, restaurants and the vibrant Dundas West community nearby. A fantastic opportunity for first-time buyers, professionals, downsizers or investors looking for a well-located Toronto condo with parking, locker, outdoor space and excellent transit access. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 23 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 1-bed single family in Toronto (Islington-City Centre West) has been listed for 23 days, which is 34 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $424,900, about 4.6× the local median household income of $93,000.
Carrying it typically needs a household income of about $82,998 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA M9A)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice




Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.