7 Michael Power Pl 1503

FOR SALE
$599,900
7 Michael Power Pl 1503, Etobicoke
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
6
ROOMS
W9007672
MLSID
Contact Us
Property Description
Located just steps from the Islington subway station, this beautifully renovated 2-bedroom, 2-washroom condo is the perfect place to call home. Each bedroom features floor-to-ceiling windows, providing ample natural light. The master bedroom comfortably fits a king-size bed and boasts a private ensuite washroom. Upgraded with smooth ceilings, pot lights throughout, and Google smart home integration, including automatic blinds, lights, and 2 Nest thermostats, this is the modern smart home you've been dreaming of. The stunning chef's kitchen includes granite countertops, a double under-mounted sink, a full-size stove with a convection oven, a French door fridge, and a rare kitchen window that floods the space with natural light. The living room's floor-to-ceiling window opens up to views of greenery and lake Ontario. Its convenient layout has zero wasted space and is perfect for entertaining. The cozy dining area is ideal for sharing a meal. Explore Bloor Street using the newly built bike path, connecting you to shops, restaurants, High Park, Downtown Core and Lakeshore. Enjoy the freedom of easy subway access to downtown Toronto, bypassing traffic and making your commute a breeze, and the Kipling GO station when travelling outside of the city. Seamlessly travel to other parts of the city with quick access to the 427, 401, and Gardiner. Say goodbye to utility bill stress, as hydro, water, heat, and A/C are A L L - I N C L U D E D in the maintenance fee, ensuring a hassle-free lifestyle! The area is rapidly transforming with the new Etobicoke Civic Centre currently under construction at Bloor St W and Kipling St, featuring exciting new community amenities like multiple swimming pools, fitness studios, a gymnasium, a walking/running track, a library, an art gallery, and office spaces, making it a vibrant and dynamic place to live. Don't miss this rare opportunity to make this beautiful condo your home today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-26 2024-07-03 7 $699,900 - Terminated
2021-08-19 2021-08-31 12 $1,300 - Terminated
2021-03-02 2021-03-02 0 $590,000 $612,500 Sold
2020-09-24 2020-10-26 32 $585,000 - Terminated
2020-09-17 2020-09-24 7 $549,800 - Terminated
Extras
2 Google Nest Hubs, 1 Google Nest Speaker, 2 Google Nest Thermostats, all remotes for blinds, smart bulbs for the kitchen and living room, and smart switches for bedroom and living room pot lights,1 Google Chrome Cast, 2 TV wall mounts.
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,167 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (Level C)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BrMain9.94' x 13.45'
LivingMain11.06' x 9.91'
2nd BrMain9.71' x 10.24'
Etobicoke Market Statistics
Etobicoke Price Trend
7 Michael Power Pl 1503 is a 2-bedroom 2-bathroom condo listed for sale at $599,900, which is $202,093 (25.2%) lower than the average sold price of $801,993 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 2 bedroom condo in Etobicoke declined by $42,436 (5.0%) compared to the previous 30 day period (May 7 - June 5) and down $13,076 (1.6%) from the same time one year ago.
Inventory Change
There were 1,581 2-bedroom condos listed in Etobicoke over the last 30 days (June 6 - July 5), which is up 0.3% compared with the previous 30 day period (May 7 - June 5) and up 19.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Etobicoke typically sold ($15,515) (1.9%) below asking price over the last 30 days (June 6 - July 5), which represents a $863 decrease compared to the previous 30 day period (May 7 - June 5) and ($3,743) less 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 2-bedroom condos in Etobicoke over the last 30 days (June 6 - July 5) stood at 33.0%, down from 36.5% over the previous 30 days (May 7 - June 5) and down from 70.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Etobicoke stood at 27 days when successfully sold over the last 30 days (June 6 - July 5), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Right At Home Realty Investments Group
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