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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $594,000 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.
Rarely Available One Bedroom Plus Den And A 290 Sqft Terrace With An Unobstructed View In Desirable Vivid Condos. Features Are: Modern Kitchen With A Centre Island, S/S Appliances, Open Concept With Two Walk Outs To A Large Terrace - Perfect For Quiet Enjoyment Or Entertaining. Premium Luxury Amenities And Walking Distance To Islington Subway Station and Kipling Go, Shops, Restaurants, Family Park And Easy Access To Major Highways And Malls.
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Park, Public Transit, School
Auto Garage Door Remote, Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1 Michael Power Place 506, Toronto W08, ON M9A 0A1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $594,000 in Toronto, the legal minimum down payment is $34,400 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 $8,355 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,355 also applies, bringing the total estimated land transfer taxes to $16,710.
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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.