3 Michael Power Place, Toronto, ON

$484,888
MLS#:W11989357
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

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 $484,888 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

!!RARE PENTHOUSE!! Stunning Unobstructed Panoramic Views!! Opportunity Knocks In Toronto's Booming Islington City Centre! Enjoy The Benefits & Convenience Of Condo Living Offering Bright & Airy Living Space! Freshly Painted Open-Concept Living/Dining/Kitchen Is Beautifully Highlighted By Rare 9' Ceilings & Gorgeous Commanding City Views, Making This Unit Prime For Entertaining!! Kitchen Features Granite Countertops/Breakfast Bar/Stainless Steel Appliances/Backsplash. Elevate Your Morning Coffee Overlooking City Skylines & Forested Parklands, Then Wind Down In The Evening With A Symphony Of Dancing City Lights, All From Your Open Balcony! Generously Sized Primary Bedroom Featuring Wall-To-Wall Floor-To-Ceiling Windows & Large Double Closet. Bright, Functional 4-Pc Bathroom Provides An Extended Granite Countertop. Ensuite Laundry Offers Stacked Washer/Dryer Combo. Beautiful & Extensive Building Amenities Include Gym, Indoor Pool, Sauna, Party Room, Visitor Parking, & 24/7 Concierge. Michael Power Park Is Host To A Large Playground, Splash Pad, & Gazebo, Making It Perfect For Summer Days & Evening Strolls! Take In The Cool Vibe As You Walk Around This Idyllic City Community To Experience Exceptional Local Fair Including Restaurants/Bars, Shops, Yoga/Health Studios, Street Art, & So Much More! Excellent Proximity To Islington Subway Station/Kipling GO Station/Golf/Schools/Hospitals/Various Places Of Worship. As An Added Bonus, The Parking Space Is Fabulously Located Across From Elevator. Put This Penthouse On Your List!

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 2, 2025
Sold price information is available to members only
Listed Date2/26/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyToronto
Annual Tax$1,959.9

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Public Transit, School, Place Of Worship, Park

Interior Features

None

Security Features

Community Features

Location

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3 Michael Power Place, 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 3 Michael Power Place PH01, Toronto W08, ON M9A 0A2

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.

Market Trend
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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 Rate5.25%
Down Payment$24,244 (5.0%)
* Minimum Canadian down payment required for this price is $24,244.
Amortization Period25 Years
Estimated Monthly Payment$2,745Based on a loan of $460,644 over 25 years.
Purchase Price$484,888
Loan Amount$460,644
Provincial Land Transfer Tax:$6,173
Toronto Municipal Land Transfer Tax:$6,173
Total Estimated Closing Taxes:$12,346

About Purchasing a Home in Toronto, ON

For a property listed at $484,888 in Toronto, the legal minimum down payment is $24,244 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 $6,173 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,173 also applies, bringing the total estimated land transfer taxes to $12,346.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & 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$1,168,439

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%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

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.