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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 brick and concrete construction, this residence presents an exceptional opportunity offered at $500,000 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.
Welcome to your new beautifully maintained one bedroom plus den home complete with a parking and locker in the heart of urban living at Port Royal Place III. This bright and airy unit located in a well sought out school district features a multi-purpose den with french doors that can be used as second bedroom or an office, floor-to-ceiling windows that flood the space with natural light and a sleek kitchen that is outfitted with gleaming stainless steel appliances, combining style and functionality. Relax on the north facing balcony, offering peaceful views of nearby green space. Commuting is effortless with quick access to highways and just a short walk to both Islington and Kipling stations. You will also find shopping malls, golf courses, and highly-rated local restaurants within minutes. A charming parkette with a splash pad is located right next to the building, perfect for families and outdoor enjoyment. With everything you need at your doorstep, this condo truly offers the ideal blend of comfort and convenience. Come see for yourself why this is the perfect place to call home!
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Data-driven valuation for 11 Michael Power Place 409, 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 $500,000 in Toronto, the legal minimum down payment is $25,000 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 $6,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,475 also applies, bringing the total estimated land transfer taxes to $12,950.
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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.