5 Michael Power Place, Toronto, ON
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Property Highlights
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 $525,000 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: Auto Garage Door Remote, Carpet Free
- equipped with central air central cooling and highly efficient fan coil heating via gas
Description
This Bright 2-bedroom, 2-bathroom suite with a desirable split bedroom layout features views of Downtown Toronto Skyline! Open Concept Living & Dining Areas with walk-out to balcony. Walking Distance To Kipling GO And 6 Min Walk To Islington Subway Station. Close To Hwys, Parks, Schools And Walking Distance To Great Restaurants. Excellent Amenities: 24hr Concierge, Party Room, and Gym. 1 Underground Parking Space And Locker included.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
School Bus Route, Public Transit, Cul de Sac/Dead End, Library, Place Of Worship
Interior Features
Auto Garage Door Remote, Carpet Free
Security Features
Community Features
Location
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 5 Michael Power Place 902, Toronto W08, ON M9A 0A3
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 $525,000 in Toronto, the legal minimum down payment is $27,500 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 $6,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,975 also applies, bringing the total estimated land transfer taxes to $13,950.
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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.
