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Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $498,000 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.
Spacious and sun-filled one bedroom plus den condo with approximately 650square feet in a well-built, established building in the heart of Etobicoke! This west-facing unit offers stunning views over the park and incredible afternoon light. The kitchen features recently updated stainless steel appliances, and the layout includes a true den, ideal for a home office or nursery with quality construction you can feel. Whether you're a professional working from home, a couple, or a young family, this suite offers real, livable space. Includes one parking space and locker. Just steps to Islington subway station, minutes to major highways, and perfectly located for anyone wanting easy access to Toronto's west end. A fantastic long-term home for those starting out or downsizing without compromising on quality or location.
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Data-driven valuation for 11 Michael Power Place 1111, Toronto W08, ON M9A 5G3
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 $498,000 in Toronto, the legal minimum down payment is $24,900 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 $6,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,435 also applies, bringing the total estimated land transfer taxes to $12,870.
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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.