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| Parking Included |








































509 - 7 Michael Power Place
Islington-City Centre West, Toronto
$459,000
Lovingly Maintained 1-Bedroom Condo in the Heart of Islington Village! Welcome to this lovingly maintained 1-bedroom, 1-bathroom condo offering a wonderful combination of space, natural light and an excellent floor plan. The bright and spacious kitchen and living room provides plenty of room to cook and entertain, while the generous bedroom offers a comfortable retreat at the end of the day. Step out onto the private balcony, the perfect spot to relax with your morning coffee, unwind after a long day, or settle in with a good book. A fantastic opportunity for first-time buyers, downsizers or investors looking for a well-maintained property in a highly desirable location. Enjoy the best of Islington Village right outside your door, with the Islington Subway Station, shops, cafés and restaurants along Bloor Street all just steps away. Easy access to the Gardiner Expressway, Highway 427, Sherway Gardens and more.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $754 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $1,957 |
| mls© Number | W13760320 |
| Listed By | RE/MAX PROFESSIONALS 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%
- $2,349
- Property tax
- $163
- Heat allowance
- $150
- Condo fees, half counted
- $377
- Housing costs
- $3,040 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$94,000
gross annual household income
- Payment at 4%
- $1,932 / mo
- Cash down
- $91,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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