Maintenance Fees
Palais at Port Royal Place vs The Islington | City Centre West Area
2305 - 3 MICHAEL POWER Pl
$549,9001 bd1 ba1 pk576 sqft
For SalePalais at Port Royal Place
5.0
45 Days on Strata
$549,900
1 Bed
1 Bath
1 Parking
576 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$569/mth
Taxes:
$1,870 (2024)
Cost Per Sqft:
$955/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South
Possession Date:
90-120
Amenities
Indoor Pool
Indoor Parking
Sauna
Concierge
Games Room
Party Room
Media Room
Bike Storage
Gym Room
Visitor Parking
About this Listing
Spacious 1-bedroom Condo With An In-suite Walk-in Closet, Open Concept Living Area And Stunning High Floor Views Offering Complete Privacy. Located A Short Walk From Islington TTC Subway Station and Close To Major Highways (427, Gardiner, 401), It Provides Seamless City Access. Plus With The Upcoming Etobicoke City Centre Set To Include A Childcare Facility, Public Library, Retail Spaces, An Art Gallery, And A Health |Clinic, You Will Be At The Heart Of A Vibrant And Growing Community. Excellent Amenities: 24hr Concierge, Party Room, Indoor Swimming Pool, Gym, Theatre Room And Billiards Room. Includes 1 Underground Parking Space and 1 Locker. Grate Opportunity For First Time Buyers!
homelife/bayview realty inc.MLS® #W11983872
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
Kitchen
Open Concept, Granite Counter, Stainless Steel Appliances
8.86 x 7.22ft
Dining
Combined with Living, Laminate, Open Concept
16.41 x 14.76ft
Living
Combined with Dining, Walkout To Balcony, South View
16.41 x 14.76ft
Primary
Large Window, Carpet, Closet
13.12 x 9.84ft
Foyer
Walk-in Closet, Tile Floor, Closet Organizers
13.12 x 3.61ft
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
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 sold in Islington | City Centre West
