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New2 hours ago

809 - 1 Michael Power Place

Islington-City Centre West, Toronto

$504,990

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to 1 Michael Power Place! Bright and spacious 1-bedroom + den suite, 670 sq. ft. of well-designed living space, perfect for first-time buyers, professionals, or investors. The versatile den is ideal for a home office, guest area, or additional living space. Enjoy a functional open-concept layout featuring a comfortable living and dining area, well-appointed kitchen, generous bedroom, and plenty of natural light throughout. The building offers excellent amenities including an indoor swimming pool, party room, and 24-hour security, providing comfort, convenience, and peace of mind. Unbeatable location! Just a 5-minute walk to Islington TTC Subway Station, with easy access to shopping, restaurants, schools, parks, and everyday conveniences. Conveniently located near major highways, making commuting throughout Toronto and the GTA a breeze.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$663
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesPrivate
Property Tax$2,202
mls© NumberW13663824
Listed ByCENTURY 21 PEOPLE`S CHOICE REALTY INC.
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,585
Property tax
$184
Heat allowance
$150
Condo fees, half counted
$331
Housing costs
$3,250 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $100,998
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,125 / mo
Cash down
$100,998

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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