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Listed 20 days ago

713 - 17 Michael Power Place

Islington-City Centre West, Toronto

$549,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Bright and spacious corner suite offering a functional split-bedroom layout in the heart of Islington Village. Freshly Painted and Quietly situated at the end of the hallway, away from the elevators, this well-maintained, smoke-free unit enjoys added privacy along with beautiful east and north-west exposures that fill the home with natural light. Surrounded by mature trees, the open concept living and dining area provides a bright and inviting space for everyday living. The generous primary bedroom features a 4-piece ensuite and ample closet space, while the second bedroom is ideal for guests, a home office, or a growing family. Includes one underground parking space, an exclusive locker, and in-suite laundry. Maintenance fees include hydro, water, and gas for exceptional value. Residents enjoy a well-managed building with excellent amenities, ample visitor parking, and 24-hour security. Walking distance to Islington Subway Station with quick access to Kipling GO, Highway 427, Highway 401, shopping, restaurants, and everyday conveniences. An excellent opportunity to own a spacious, move-in ready condo in one of Etobicoke's most desirable communities.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size800-899 sq. ft.
Maintenance Fees$1,038
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,488
mls© NumberW13569946
Listed ByHC REALTY GROUP INC.
CAC Included
Common Elements Included
Heat Included
Hydro Included
Building Insurance Included
Parking Included
Water Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,810
Property tax
$207
Heat allowance
$150
Condo fees, half counted
$519
Housing costs
$3,686 / mo

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

Down payment20% · $109,800
25-yr amortization

Income needed

$113,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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