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    1408 - 5 Michael Power Pl

    22 Days on Strata
    Est Sell Timeframe:
    15 Days
    $599,000
    2 Beds
    2 Bath
    1 Parking
    826 SQFT

    Listing History

    2025 - Mar 18 • 22 days on Strata
    for sale
    $599,000
    Mar 17, 2025 • 55 days on Strata
    terminated
    $615,888
    Receive listing updates for Islington | City Centre West

    Details

    Property Type:

    Condo

    Maintenance Fees:

    $797/mth

    Taxes:

    $2,310 (2024)

    Cost Per Sqft:

    $725/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    East

    Possession Date:

    April 30, 2025

    Amenities

    Rec Room
    Visitor Parking
    Party Room
    Concierge
    Indoor Parking
    Bike Storage
    Guest Suites
    Games Room
    BBQs Allowed
    Gym
    Security System

    About this Listing

    Discover This Stunning 2-Bedroom Condo With A Sought-After Split Layout And East Exposure, Perfectly Situated In The Heart Of Islington Village! Bright And Airy With Floor-To-Ceiling Windows, This Unit Features An Open-Concept Living And Dining Area. Enjoy The Added Convenience Of Full-Sized Laundry, A Dedicated Parking Spot, And A Locker For Extra Storage. Ideally Locate, You're Just Minutes From Transit, Including Islington Subway Station, As Well As Major Highways (427/QEW/Gardiner/401). A Short Stroll Takes You To Shops, Parks, Dine-In And Fast Food Restaurants, And More, Offering A Lifestyle Of Unparalleled Convenience. This Well-Maintained Building Boasts A Host of Amenities, Including A Gym, Large Party Room, Visitor Parking, And Recently Renovated Common Areas With Upgraded Hallways, Doors, And Security Systems. Whether You're Looking For Modern Comfort Or A Vibrant Neighbourhood, This Condo Delivers On All Fronts.

    ExtrasAll Existing Appliances, All Elf's, All Window Coverings

    psrMLS® #W12025235

    Fees & Utilities

    Maintenance Fees

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

    Utility Type

    Air Conditioning

    None

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Laminate, Combined with Dining, Walkout To Balcony

    12.01 x 15.49ft

    Dining

    Laminate, Combined with Living

    12.01 x 15.49ft

    Kitchen

    Tile Floor, Granite Counter

    7.68 x 8.66ft

    Primary

    Laminate, Double Closet, 3 Piece Ensuite

    11.16 x 11.16ft

    2nd Bedroom

    Laminate, Double Closet

    9.42 x 12.83ft

    Buyer's Market
    Balanced
    Seller's Market
    Port Royal Place VI Condos

    Building Spotlight

    Port Royal Place VI Condos
    5 Michael Power Place

    Similar Listings

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    Commute Calculator

    Map Location Unknown
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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.

    Mortgage Calculator


    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%
    0 - 1415 - 1920 - 3435 - 4950 - 6465+0%5%10%15%20%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    $0 - $30K$30K+$60K+$90K+$125K+0%10%20%30%40%50%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    48%Married
    32%Never Married
    6%Divorced
    6%Widowed
    4%Common Law
    2%Separated
    Commute
    74%Car
    21%Public Transit
    2%Walk
    1%Other
    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 Port Royal Place VI Condos spend an average of
    25
    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
    5.7
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    42nd
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Port Royal Place VI Condos offers the
    ?
    best value out of 74 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Port Royal Place VI Condos has the
    ?
    highest ROI out of 74 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Port Royal Place VI Condos yields the
    ?
    highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood

    High Demand

    Port Royal Place VI Condos is the
    ?
    most popular building out of 74 condos in the Islington | City Centre West neighbourhood

    Market Insights

    Transaction Insights at Port Royal Place VI Condos

    1 Bed1 Bed + Den2 Bed
    Price Range$485,000 - $510,000$525,000$582,000 - $625,000
    Avg. Cost Per Sqft$870$769$699
    Avg. Wait for Unit Availability67 Days121 Days58 Days
    Ratio of Units in Building36%21%45%

    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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