3 Michael Power Place, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium brick front and concrete construction, this residence presents an exceptional opportunity offered at $619,000 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.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Breathtaking Lake & Skyline Views Corner Suite in the Heart of Etobicoke. Welcome to this bright, spacious corner suite at the highly sought after Michael Power community, where unobstructed south facing views of Lake Ontario and stunning east facing views of Toronto's illuminated downtown skyline set this unit apart from everything else at this price point. Offering 2 bedrooms and a private ensuite in the primary and 2 full bathrooms across a well designed split bedroom layout, this move in ready suite delivers the comfort, functionality, and location that first time buyers, downsizers, and investors have been waiting for. The efficient galley-style kitchen flows naturally into the open living and dining area. Comes complete with parking and locker. Steps to subway TTC and GO Transit - commuting across Toronto and the GTA couldn't be easier. Minutes to Islington Village, shopping, restaurants, parks, and with quick access to the QEW and Gardiner Expressway, every part of the city is within reach.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3 Michael Power Place 1603, Toronto W08, ON M9A 0A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $619,000 in Toronto, the legal minimum down payment is $36,900 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 $8,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,855 also applies, bringing the total estimated land transfer taxes to $17,710.
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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.
