| Heat Included | |
| Water Included | |
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| Common Elements Included | |
| Building Insurance Included | |
| Parking Included |


















































































1513 - 1 Michael Power Place
Islington-City Centre West, Toronto
$479,000
Step into this impeccably maintained 1-bedroom, 1-bathroom suite and feel the difference immediately; it's freshly painted, flooded with natural light through floor-to-ceiling windows, and thoughtfully designed so every square foot works for you. The east-facing balcony is your private retreat. The sleek open-concept kitchen doesn't just look good, it performs. Quartz countertops, stainless steel appliances, and generous cabinetry make cooking and entertaining effortless, flowing naturally into a living area that's both comfortable and versatile. The spacious bedroom with an oversized closet rounds out a layout that simply makes sense. What's included: 1 underground parking space + 1 storage locker. Maintenance fees at $578.73 per month covering heat, water, central A/C, building insurance, parking, and common elements are exceptional value in today's market. Resort-style amenities: 24-hour concierge, indoor pool, fitness centre, sauna, theatre room, party room, and visitor parking. Location that connects you to everything: Steps to Islington Subway Station, minutes to Kipling GO, with direct access to Hwy. 427, the QEW, and the Gardiner Expressway. Walkable to dining, cafés, boutiques, parks, and daily essentials in the heart of Islington City Centre. Who this is perfect for: This unit is ideal for young professionals seeking a low-maintenance, well-located base close to transit and the downtown core; first-time buyers ready to enter the market with predictable carrying costs; downsizers looking to simplify without sacrificing comfort or amenities; and investors targeting a high-demand rental pocket with strong transit connectivity and consistent rental appeal in Etobicoke.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $579 |
| Locker | Owned |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,041 |
| mls© Number | W13615612 |
| Listed By | LPT REALTY |
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%
- $2,452
- Property tax
- $170
- Heat allowance
- $150
- Condo fees, half counted
- $289
- Housing costs
- $3,061 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$94,000
gross annual household income
- Payment at 4%
- $2,016 / mo
- Cash down
- $95,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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