| CAC Included | |
| Common Elements Included | |
| Heat Included | |
| Building Insurance Included | |
| Parking Included | |
| Water Included |






























809 - 1 Michael Power Place
Islington-City Centre West, Toronto
$504,990
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $663 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Private |
| Property Tax | $2,202 |
| mls© Number | W13663824 |
| Listed By | CENTURY 21 PEOPLE`S CHOICE REALTY INC. |
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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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