7 Michael Power Pl 506

FOR SALE
$549,900
7 Michael Power Pl 506, Etobicoke
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
7 Michael Power Pl 506
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
W9379650
MLSID
Contact Us
Property Description
Take a look at 3D tour first, It is one of a kind unit with 2 open terraces facing interior of the buildings - it makes it very quite !!! Then note - Low property taxes ($1,832,26), Low maintenance includes all utilities !!!! 2 open Terraces, one underground parking spot and one locker incl. Absolutely gorgeous with rare find double terrace, bright & spacious open concept 1 bedroom + Den Suite with Parking & Locker at the luxurious Port Royale Place ! Maintenance include all utilities !!!! Enjoy entertaining in a modern style kitchen with upgraded finishes including an oversized quartz island. This suite includes two walkouts to amazing terrace, see 3D tour and pictures. Enjoy many building amenities including: Exercise room, movie theatre, games room, Concierge, Exercise Room, Gym, Party/Meeting Room, Visitor Parking. Islington or Kipling Subway stations is located within a short walking distance. Easy access to Go Train, Pearson Airport, 427 & QEW, parks, restaurants, schools, playgrounds & shopping. Well managed building with plenty of visitor parking. Parking Space + Large storage locker included.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-24 2024-09-30 98 $545,000 - Expired
2024-05-21 2024-06-24 34 $549,900 - Terminated
2024-05-21 2024-05-28 7 $459,900 - Suspended
Extras
3D Materport Tour and pictures. Its all real pictures of the subject property and 3Dtour.Inclusions: Existing: fridge, stove, washer, dryer, b/in microwave. 1 parking 1 locker. It is a big 1 bdrm + den unit Fast closing possible if needed.
Nearby Intersections
Property Features
Public Transit, School Bus Route, Terraced
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,832 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (P3#2)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain10.60' x 14.99'Hardwood Floor, Combined W/Dining
DiningMain10.60' x 14.99'Hardwood Floor, Combined W/Living, W/O To Balcony
KitchenMain8.60' x 8.60'Ceramic Floor, Breakfast Area, Modern Kitchen
Prim BdrmMain9.61' x 12.60'Laminate, Double Closet, W/O To Balcony
DenMain6.99' x 8.01'Laminate, French Doors
Etobicoke Market Statistics
Etobicoke Price Trend
7 Michael Power Pl 506 is a 1-bedroom 1-bathroom condo listed for sale at $549,900, which is $25,175 (4.4%) lower than the average sold price of $575,075 in the last 30 days (September 5 - October 4). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke increased by $1,318 (0.2%) compared to the previous 30 day period (August 6 - September 4) and down $40,408 (6.6%) from the same time one year ago.
Inventory Change
There were 1,789 1-bedroom condos listed in Etobicoke over the last 30 days (September 5 - October 4), which is up 62.6% compared with the previous 30 day period (August 6 - September 4) and up 4.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($11,029) (1.9%) below asking price over the last 30 days (September 5 - October 4), which represents a $1,920 decrease compared to the previous 30 day period (August 6 - September 4) and ($7,551) 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 1-bedroom condos in Etobicoke over the last 30 days (September 5 - October 4) stood at 28.7%, down from 47.9% over the previous 30 days (August 6 - September 4) and up from 26.4% 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 30 days when successfully sold over the last 30 days (September 5 - October 4), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Ipro Realty Ltd
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