Maintenance Fees
Port Royal Place V Condos vs The Islington | City Centre West Area
1503 - 7 Michael Power Pl
$635,0002 bds2 ba1 pk900 sqft
For SalePort Royal Place V Condos
33 Days on Strata
$635,000
2 Beds
2 Bath
1 Parking
900 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$872/mth
Taxes:
$2,167 (2024)
Cost Per Sqft:
$706/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South East
Possession Date:
60-90 days
Amenities
BBQs Allowed
Rec Room
Indoor Parking
Security System
Concierge
Games Room
Party Room
Media Room
Rooftop Deck
Bike Storage
Gym Room
Visitor Parking
About this Listing
A SHOWSTOPPER CORNER UNIT! You will love this beautiful, fully renovated 2 bedroom-split layout with lots of Natural Light with Floor to Ceiling Windows. Nearly 900 sq ft, the primary bedroom fits a king-size bed and includes a private ensuite 4 pc Bathroom. Other upgrades include: smooth ceilings, pot lights throughout, a google smart home, chef's kitchen with granite countertops & a rare large kitchen window that floods the space with natural light. This Suite is perfect for entertaining! Lots of Storage. From the private balcony you view Lake Ontario. Steps to Islington Subway Station! Close to highways, Go Station, Shops, Restaurants & Bloor St. All Utilities are included in the Maintenance Fee (heat, hydro,water). This is the perfect condo to call home! Perfect for 1st time home-buyers or Downsizer. 24 hr Concierge in a Well-Maintained Building! Don't miss this Stager's Paradise!
ExtrasStainless Steel Fridge, Stove With Convention Oven, Over the Range Microwave, Stainless Steel Dishwasher, All Light Fixtures + Balcony Tiles Attached, 1 Underground + 1 Locker, 2 Google Nest Hubs, 1 Google Nest Speaker, 2 Google Nest Thermostats, All Remotes for Blinds.
royal lepage signature realtyMLS® #W12003075
Fees & Utilities
Maintenance Fees
Included in Fees
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Open Concept, Walkout To Deck, Laminate
9.91 x 11.06ft
Primary
Large Window, Double Closet, Laminate
13.42 x 9.94ft
2nd Bedroom
Large Window, Double Closet, Laminate
10.24 x 9.71ft
Kitchen
Large Window, Stainless Steel Appliances, Eat-In Kitchen
0 x 0ft
Laundry
Separate Room
0 x 0ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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8/10
Walkability
You’re in stride with amenities—most of your needs are just a playlist away.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
6/10
Bikeability
You'll have a love-hate relationship with your gears. Mostly hate.
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 Port Royal Place V Condos
Days on Strata
Units at Port Royal Place V Condos spend an average of
32
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
5.3
YEARS before being sold againProperty Value
-10%
Decrease in property value within the past twelve months
Price Ranking
25th
Highest price per SQFT out of 74 condos in the Islington | City Centre West area
Sold Units
7
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 V Condos offers the best value out of 74 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Port Royal Place V Condos has the highest ROI out of 74 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Port Royal Place V Condos yields the highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood
?
High Demand
Port Royal Place V 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 V Condos
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $480,000 - $490,000 | $542,500 | $601,000 - $645,000 | No Data |
| Avg. Cost Per Sqft | $858 | $687 | $719 | No Data |
| Price Range | $2,300 - $2,450 | $2,400 - $2,600 | $3,050 | No Data |
| Avg. Wait for Unit Availability | 132 Days | 317 Days | 125 Days | 472 Days |
| Avg. Wait for Unit Availability | 160 Days | 287 Days | 207 Days | No Data |
| Ratio of Units in Building | 34% | 25% | 38% | 4% |
Market Inventory
Total number of units listed and sold in Islington | City Centre West
