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 brick construction, this residence presents an exceptional opportunity offered at $499,999 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 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome To This Beautiful 1 Bedroom + Den, 1 Bathroom, 1 Parking And 1 Locker In Islington-City Centre West area. This Prime Location Is Just Steps Away From The Subway & Go Station. This Unit Features Over 650 Sq Ft With Views Of The West Providing Lots Of Natural Light And Gorgeous Sunsets, Large Windows, Balcony, Double Sink, Large Open Concept Kitchen Combined With Living/Dining Room, Convenient Ensuite Laundry, Bathtub, Stainless Steel Appliances. Just Minutes Away From Transit, Highway 427/QEW/Gardiner/Highway 401, Stores, Dine-In/Fast Food Restaurants And Much More! This Condo Features A Gym, Large Party Room, Visitor Parking And More!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Michael Power Place 2106, 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 $499,999 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.
