This property has been sold, leased, or taken off the market. You can view similar active listings below.
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $489,900 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.
Penthouse Living at an Unmatched Price - 2 Parking Spots Included. Rare opportunity to own a top-floor penthouse suite in the heart of Islington Village for under $490,000. At 625 sq ft, this smartly laid out 1-bedroom + den makes every square foot count - a cozy, efficient space with a penthouse address. Use the den as a home office, guest nook, or extra storage, then step out onto your private balcony to take in lovely city views. This is urban living without the downtown price tag. Two owned parking spots, in-suite laundry, and a locker are all included - a rare combination at this price point in Toronto. For buyers who only need one spot, the second offers the flexibility to generate some additional income. The kitchen and bathroom are ready for your personal vision. Move in, settle in, and update over time to your own taste and budget - the bones are solid and the location does the heavy lifting in the meantime. All-inclusive maintenance covers heat, hydro, water, and A/C, keeping your monthly costs predictable year-round. Building amenities include a gym, party room, and 24-hour gatehouse security. Steps to Islington subway, the GO, boutique shops, parks, and with quick access to the Gardiner and QEW, getting around the city couldn't be easier. Perfect for a first-time buyer, downsizer, or savvy investor who knows that in real estate, location and floor matter more than square footage. Offers reviewed anytime.
Contact us to schedule a private viewing of this property.
Public Transit
Carpet Free, Storage Area Lockers
Security System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 15 Michael Power Place PH06, Toronto W08, ON M9A 5G4
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 $489,900 in Toronto, the legal minimum down payment is $24,495 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 $6,273 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,273 also applies, bringing the total estimated land transfer taxes to $12,546.
No current listings found in Toronto.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.
Need more details or a custom CMA?
Generate a full market evaluation or explore city guides using the sidebar links.
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.