1 Michael Power Place, Unit 5, Toronto, ON

$519,000
MLS#:W13470994
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $519,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Every home has a story, and this one begins with morning coffee as sunlight fills your living room and ends with breathtaking sunsets from your private south-facing balcony.Welcome to 1 Michael Power Place, a bright and beautifully maintained 1+Den suite offering one of the largest and most functional layouts in the building. Freshly painted and move-in ready, this home combines modern finishes with the flexibility today's lifestyle demands.The open-concept kitchen is designed to bring people together, featuring quartz countertops, stainless steel appliances, ample cabinetry, and a breakfast island overlooking the living and dining area. Recent updates include a new fridge, new stainless steel stove (2026), built-in dishwasher (2023), and stacked washer and dryer (2025), allowing you to simply move in and enjoy.Floor-to-ceiling windows fill the home with natural light, while the spacious primary bedroom offers double closets and a cozy nook perfect for reading or working from home. The generous den easily transforms into a home office, nursery, or guest room. Laminate flooring runs throughout, and the suite includes one underground parking space and a locker.Life here extends beyond your front door with exceptional amenities including a 24-hour concierge, indoor pool, fitness centre, sauna, theatre room, party room, games room, and visitor parking. Just steps to Islington Subway Station and minutes to Kipling GO, Highway 427, the QEW, and Pearson Airport. Walk to restaurants, cafés, shopping, parks, and everyday conveniences. Across the street, the future Etobicoke Civic Centre redevelopment will introduce a new civic centre, library, community centre, and vibrant public spaces, making this one of Etobicoke's most exciting and connected neighbourhoods.Whether you're buying your first home, downsizing, or investing, this is a place where comfort, convenience, and opportunity come together.

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Property Summary

This condo apartment located at 1 Michael Power Place, Toronto is currently for sale and has been available on SousaSells for 56 days. This property is listed at $519,000 with an estimated mortgage of $1,728* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 1 Michael Power Place, Toronto is in the Islington-City Centre West neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Islington-City Centre West, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 700-799 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date6/20/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyToronto
Annual Tax$2,255.9

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Public Transit
  • School
  • Park
  • Clear View
  • Place Of Worship

Interior Features

  • Carpet Free

Security Features

  • Concierge/Security

Community Features

None listed

Frequently Asked Questions about 1 Michael Power Place, Unit 5, Toronto, ON

Q.What is the asking price for 1 Michael Power Place, Unit 5, Toronto, ON ?

The current listing price for 1 Michael Power Place, Unit 5, Toronto, ON in Islington-City Centre West, Toronto is $519,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 700-799 sqft.

Q.What property type and architectural style is 1 Michael Power Place, Unit 5, Toronto, ON ?

1 Michael Power Place, Unit 5, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 1 Michael Power Place, Unit 5, Toronto, ON offer?

Key property features include: Public Transit, School, Park, Clear View, Place Of Worship.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.What security features are installed at 1 Michael Power Place, Unit 5, Toronto, ON ?

Security features include: Concierge/Security.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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1 Michael Power Place, Unit 5, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 Michael Power Place 605, Toronto, ON M9A 0A1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate4.00%
Down Payment$155,700 (30.0%)
* Minimum Canadian down payment required for this price is $26,900.
Amortization Period30 Years
Estimated Monthly Payment$1,728Based on a loan of $363,300 over 30 years.
Purchase Price$519,000
Loan Amount$363,300
Provincial Land Transfer Tax:$6,855
Toronto Municipal Land Transfer Tax:$6,855
Total Estimated Closing Taxes:$13,710

About Purchasing a Home in Toronto, ON

For a property listed at $519,000 in Toronto, the legal minimum down payment is $26,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,855 also applies, bringing the total estimated land transfer taxes to $13,710.

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Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,262,153

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Toronto

Elementary Schools

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Our Lady of Perpetual Help
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Forest Hill
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8.3

Secondary Schools

North Toronto
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8.4
Northern
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8.2
Marshall McLuhan
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Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.