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Listed 2 months ago

605 - 1 Michael Power Place

Islington-City Centre West, Toronto

$519,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Every home has a story, and this one begins with morning coffee as sunlight fills your living room and ends with breathtaking sunsets from your private south-facing balcony.Welcome to 1 Michael Power Place, a bright and beautifully maintained 1+Den suite offering one of the largest and most functional layouts in the building. Freshly painted and move-in ready, this home combines modern finishes with the flexibility today's lifestyle demands.The open-concept kitchen is designed to bring people together, featuring quartz countertops, stainless steel appliances, ample cabinetry, and a breakfast island overlooking the living and dining area. Recent updates include a new fridge, new stainless steel stove (2026), built-in dishwasher (2023), and stacked washer and dryer (2025), allowing you to simply move in and enjoy.Floor-to-ceiling windows fill the home with natural light, while the spacious primary bedroom offers double closets and a cozy nook perfect for reading or working from home. The generous den easily transforms into a home office, nursery, or guest room. Laminate flooring runs throughout, and the suite includes one underground parking space and a locker.Life here extends beyond your front door with exceptional amenities including a 24-hour concierge, indoor pool, fitness centre, sauna, theatre room, party room, games room, and visitor parking.Perfectly located in the heart of Islington City Centre, you're just steps to Islington Subway Station and minutes to Kipling GO, Highway 427, the QEW, and Pearson Airport. Walk to restaurants, cafés, shopping, parks, and everyday conveniences. Across the street, the future Etobicoke Civic Centre redevelopment will introduce a new civic centre, library, community centre, and vibrant public spaces, making this one of Etobicoke's most exciting and connected neighbourhoods.Whether you're buying your first home, downsizing, or investing, this is a place where comfort, convenience, and opportunity come together.

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size700-799 sq. ft.
Maintenance Fees$685
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,256
mls© NumberW13470994
Listed BySAGE REAL ESTATE LIMITED
Heat Included
Water Included
Common Elements Included
Parking Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,656
Property tax
$188
Heat allowance
$150
Condo fees, half counted
$342
Housing costs
$3,337 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $103,800
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,184 / mo
Cash down
$103,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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