3 Michael Power Pl 2305
Islington-City Centre West, Etobicoke, M9A 0A2
FOR SALE
$559,000
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Property Description
Spacious 1-bedroom Condo With An In-suite Walk-in Closet, Open Concept Living Area And Stunning High Floor Views Offering Complete Privacy. Located A Short Walk From Islington TTC Subway Station and Close To Major Highways (427, Gardiner, 401), It Provides Seamless City Access. Plus With The Upcoming Etobicoke City Centre Set To Include A Childcare Facility, Public Library, Retail Spaces, An Art Gallery, And A Health |Clinic, You Will Be At The Heart Of A Vibrant And Growing Community. Excellent Amenities: 24hr Concierge, Party Room, Indoor Swimming Pool, Gym, Theatre Room And Billiards Room. Includes 1 Underground Parking Space and 1 Locker. Grate Opportunity For First Time Buyers!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-05-31 | 2022-05-31 | 0 | $605,000 | $600,000 | Sold |
| 2022-05-31 | 2022-05-31 | 0 | $605,000 | $600,000 | Sold |
| 2022-05-24 | 2022-05-31 | 7 | $549,999 | - | Terminated |
Nearby Intersections
Bloor & Islington (72)
Dundas & Kipling (70)
Property Features
Clear View, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,870 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 7.22' x 8.86' | Open Concept, Granite Counter, Stainless Steel Appl |
| Dining | Flat | 14.76' x 16.40' | Combined W/Living, Laminate, Open Concept |
| Living | Flat | 14.76' x 16.40' | Combined W/Dining, W/O To Balcony, South View |
| Prim Bdrm | Flat | 9.84' x 13.12' | Large Window, Broadloom, Closet |
| Foyer | Flat | 3.61' x 13.12' | W/I Closet, Tile Floor |
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Etobicoke Market Statistics
Etobicoke Price Trend
3 Michael Power Pl 2305 is a 1-bedroom 1-bathroom condo listed for sale at $559,000, which is $7,564 (1.3%) lower than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Etobicoke over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Etobicoke over the last 30 days (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Etobicoke stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Bayview Realty Inc.
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