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Listed 23 days ago

606 - 3 Michael Power Place

Islington-City Centre West, Toronto

$490,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Welcome to this thoughtfully updated 1-bedroom plus den suite at Port Royal Place. Renovated since 2023, the home reflects a clean, contemporary aesthetic with new flooring, doors, trim, and a refreshed bathroom, alongside a full suite of new appliances-offering a turnkey opportunity for end users and investors alike.The well-proportioned layout is both functional and flexible, with a spacious den that can comfortably serve as a second bedroom, home office, or quiet retreat. Natural light fills the principal living area, creating an inviting setting for everyday living.Residents enjoy a well-managed building with desirable amenities including an indoor pool, fitness centre, 24-hour concierge & ample visitor parking. Ideally situated with convenient access to Kipling and Islington subway stations, as well as nearby shops, restaurants, and daily essentials. A connected west-end address with seamless access to both downtown Toronto and the airport.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size600-699 sq. ft.
Maintenance Fees$657
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,127
mls© NumberW13556370
Listed ByROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,508
Property tax
$177
Heat allowance
$150
Condo fees, half counted
$329
Housing costs
$3,164 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $98,000
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$98,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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