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$439,000
Toronto
#PH06 15 Michael Power Place, Toronto (Islington-City Centre West), Ontario, M9A5G4
This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $439,000, it is attractively priced about 15% 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.
New Price - Penthouse Suite with 2 Parking Spots - Welcome to PH06 at 15 Michael Power Place - 625 sq.ft. of unbeatable value. Sitting on the 16th and highest floor of the building, this bright 1-bedroom + den penthouse suite offers the privacy. views at a price that simply doesn't exist anywhere else in the complex. What truly sets this suite apart is a combination nearly impossible to find at this price point. Iwo owned parking spots, all-inclusive maintenance fees, an owned locker, and in-suite laundry. Whether you use both spots or rent the second for additional monthly income, the value here is exceptional. Floor-to-ceiling windows flood the open-concept living and dining area with natural light, while your northwest city views are daily reminder that you're at the top. The den offers flexibility for a home office, guest space, or 2nd bedroom. Priced to reflect its original kitchen and bathroom, this is a rare opportunity for the buyer who wants to personalize their space and build equity through their own updates. With no neighbours above, all utilities included, and one of the most connected locations in Etobicoke - steps to Islington Subway, the GO Train, parks, shops, and with quick access to the Gardiner and QEW - this is the smart buy that savvy first-time buyers, downsizers, and investors have are looking for. (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.
Just listed: 7 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 2-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.
Approximate location — exact address confirmed upon showing
This home lists at $439,000, about 4.7× the local median household income of $93,000.
Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA M9A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice