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    901 - 5 Michael Power Pl

    $465,0001 bd1 ba1 pk575 sqft
    50 Days on Strata
    Est Sell Timeframe:
    15 Days
    $465,000
    Price Cut: $479,000
    1 Bed
    1 Bath
    1 Parking
    575 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $578/mth

    Taxes:

    $1,896 (2024)

    Cost Per Sqft:

    $809/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    East

    Possession Date:

    March 31, 2025

    Laundry:

    Ensuite

    Amenities

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

    About this Listing

    Welcome to Port Royal Place! This Stunning 1 Bedroom Unit is the perfect blend of modern elegance and functional design. The open-concept layout features a sleek kitchen with stainless steel appliances and luxurious granite countertops ideal for both cooking and entertaining. The bright and spacious living/dining area, enhanced by built-in mirrored walls, leads to a cozy balcony where you can enjoy breathtaking east-facing city views. The primary bedroom is both stylish and practical, offering a large closet with custom built-in shelving for maximum storage. Unbeatable Location - Just minutes to Islington Station, QEW, 427and everything you need from parks and restaurants to grocery stores, shopping, and beautiful walking/biking paths. Building Amenities include 24/7 concierge service, a party room, visitors parking and a fully equipped fitness center. This is an opportunity you don't want to miss! Your perfect urban lifestyle starts here! **EXTRAS** Maintenance Fee Includes: Water, Heat, Building Insurance, Parking and Common Elements | Amenities: Fitness Centre, 24/7 Concierge Service, Party Room, Visitors Parking & Pet Friendly |Unit: (1) Locker: P3-120 and (1) Parking: P3-41

    ExtrasClothes Washer & Dryer, Stainless Steel Appliances: Stove, Dishwasher, Fridge & Built in Microwave, All Light Fixtures and Window Coverings.

    exp realtyMLS® #W11973540

    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

    Gas

    Heating

    Forced Air

    Room Dimensions

    Kitchen

    Ceramic Floor, Stainless Steel Appliances, Granite Counter

    9.19 x 8.2ft

    Bedroom

    hardwood floor, Mirrored Closet, Built-in Shelves

    11.48 x 9.68ft

    Living

    hardwood floor, Mirrored Walls, Walkout To Balcony

    14.44 x 10.66ft

    Bathroom

    3 Piece Bath, Tile Floor

    6.56 x 4.92ft

    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 Port Royal Place VI Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 74 condos in the Islington | City Centre West area

    Sold Units

    8
    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$482,000 - $510,000$525,000$582,000 - $625,000
    Avg. Cost Per Sqft$874$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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