$399,900

For sale

#809 15 Michael Power Place, Toronto (Islington-City Centre West) - Single Family for Sale

#809 15 Michael Power Place, Toronto (Islington-City Centre West), Ontario, M9A5G4

1 bed1 bath1 parking550 ft²$636/mo condo feeListed 9 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 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 9 days, fresher than the Toronto average of 57 days.

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Description

Elegant, Bright & Exceptionally Well Located! Welcome to this beautifully appointed 1-bedroom, 1-bathroom residence offering a spacious, light-filled layout and effortless urban living. Stylish dark laminate and ceramic flooring flow throughout, complemented by a modern kitchen featuring stainless steel appliances and a convenient breakfast bar.The refreshed bathroom showcases brand-new fixtures, while the private balcony offers a peaceful outlook over the meticulously maintained grounds. Enjoy premium building amenities including 24-hour security, BBQ gazebo, beautifully maintained common areas, and professional management (best management in the area). Ideally located within walking distance to Dundas St, shops, restaurants, and both Kipling & Islington TTC stations. Underground parking and a storage locker included. Maintenance fees include hydro, heat, and water, providing added convenience and value. A refined and comfortable place to call home! (id:66096)

Property Details

MLS®: W14115752
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $636/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,810.86/yr
Listed: 9 days ago

Rooms

Ground level

Living room: 4.6 x 3.18 meters
Dining room: 4.6 x 3.18 meters
Kitchen: 2.85 x 1.9 meters
Primary Bedroom: 4.26 x 2.88 meters

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

Features

Flooring: Carpeted, Ceramic
Exterior: Brick
Lot Features: Balcony

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

$728

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 9 days, which is 48 days fresher than the city average of 57. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · RAFF PILEGGI

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· $728/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.)$151/mo

Condo fee$636/mo

Total monthly$2,893

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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