Maintenance Fees
Palais at Port Royal Place vs The Islington | City Centre West Area
605 - 3 Michael Power Pl
$2,2501 bd1 ba1 pk561 sqft
For RentPalais at Port Royal Place
5.0
14 Days on Strata
$2,250/mth
1 Bed
1 Bath
1 Parking
561 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Possession Date:
April 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South
Locker:
Ensuite+Common
Amenities
Indoor Pool
Indoor Parking
Sauna
Concierge
Games Room
Party Room
Media Room
Bike Storage
Gym Room
Visitor Parking
About this Listing
Charming and South facing 1-bedroom condo with views of the lake and city skyline! This unit boasts elegant granite countertops, a cozy breakfast bar, and rich hardwood flooring in the living room. Enjoy top-tier amenities in this building, including 24/7 concierge and security, an indoor pool, fitness center. The affordable maintenance fee covers parking, a storage locker, and most utilities (hydro excluded).Perfectly situated just steps from the subway, GO station, and other transit options. You'll also be within easy reach of grocery stores, banks, shops, restaurants, parks, and more. Don't miss this opportunity to own a stunning retreat in the heart of Etobicoke.
royal lepage signature realtyMLS® #W12044118
Fees & Utilities
Utilities Included
Rent Includes
Heat
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Fan Coil
Room dimensions are not available for this listing.
Renter's Market
Balanced
Landlord'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
Household Income
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%
Building Trends At Palais at Port Royal Place
Days on Strata
Units at Palais at Port Royal Place spend an average of
26
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
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Islington | City Centre West
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty Value
-9%
Decrease in property value within the past twelve months
Price Ranking
26th
Highest price per SQFT out of 74 condos in the Islington | City Centre West area
Sold Units
16
Units were Sold over the past twelve months
Rented Units
18
Units were Rented over the past twelve months
Best Value Rank
Palais at Port Royal Place offers the best value out of 74 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Palais at Port Royal Place has the highest ROI out of 74 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Palais at Port Royal Place yields the highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood
?
High Demand
Palais at Port Royal Place is the most popular building out of 74 condos in the Islington | City Centre West neighbourhood
?
Market Insights
Transaction Insights at Palais at Port Royal Place
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $478,000 - $523,000 | $540,000 | $585,000 - $664,000 | No Data |
| Avg. Cost Per Sqft | $903 | $742 | $746 | No Data |
| Price Range | $2,250 - $2,500 | $2,450 - $2,700 | $2,900 - $3,200 | $3,100 - $3,200 |
| Avg. Wait for Unit Availability | 57 Days | 73 Days | 49 Days | 299 Days |
| Avg. Wait for Unit Availability | 45 Days | 107 Days | 52 Days | 275 Days |
| Ratio of Units in Building | 37% | 22% | 40% | 3% |
Market Inventory
Total number of units listed and leased in Islington | City Centre West
