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    1603 - 1 Michael Power Pl

    $649,9002 bds2 ba1 pk820 sqft
    2 Days on Strata
    Est Sell Timeframe:
    15 Days
    $649,900
    2 Beds
    2 Bath
    1 Parking
    820 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $738/mth

    Taxes:

    $2,239 (2024)

    Cost Per Sqft:

    $793/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South East

    Possession Date:

    To Be Determined

    Amenities

    Indoor Pool
    Media Room
    Guest Suites
    Sauna
    Gym Room
    Visitor Parking
    Games Room
    Party Room
    Concierge

    About this Listing

    Discover this stunning 2 bedrooms, 2 full bathrooms condo in the highly sought-after Michael Power Place, where style meets convenience! Located just a 5-minute walk to Islington Subway and minutes from Kipling GO, Hwy 427, and QEW, this condo offers breathtaking 16th-floor water views from your private balcony. The bright, open-concept layout features a gourmet kitchen with a waterfall quartz island, breakfast bar, and stainless steel appliances-- ideal for entertaining! This immaculate suite boasts modern finishes, gorgeous laminate flooring, and convenient ensuite laundry. Comes with 1 parking spot and 1 locker. Enjoy resort-style amenities: a gym, pool, sauna, theatre, party room, 24/7 concierge, and plenty of visitor parking. Steps from shops, restaurants, and parks. Don't miss this opportunity!

    ExtrasAll existing appliances, window coverings and electrical light fixtures.

    real broker ontario ltd.MLS® #W12062032

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room dimensions are not available for this listing.


    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,799
    Average Individual Income
    $66,150
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,533
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Other
    15%
    Mandarin
    12%
    Cantonese
    10%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%


    Days on Strata

    Units at Vivid Condos spend an average of
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    11%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Vivid Condos offers the
    ?
    best value out of 74 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Vivid Condos has the
    ?
    highest ROI out of 74 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Vivid Condos yields the
    ?
    highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood

    High Demand

    Vivid Condos is the
    ?
    most popular building out of 74 condos in the Islington | City Centre West neighbourhood

    Market Insights

    Transaction Insights at Vivid Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$495,000 - $570,000$525,000 - $585,000$649,900 - $687,000No Data
    Avg. Cost Per Sqft$916$841$802No Data
    Avg. Wait for Unit Availability76 Days50 Days68 Days519 Days
    Ratio of Units in Building30%36%32%3%

    Market Inventory

    Total number of units listed and sold in Islington | City Centre West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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