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Featured
New2 hours ago

601 - 17 Michael Power Place

Islington-City Centre West, Toronto

$449,000

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

Easy living and great value in a boutique nine-story building with a welcoming and quiet community. This freshly painted large one-bedroom condo is move-in ready with a comfortable open-concept layout, a private balcony, and an upgraded laundry pair. Parking and a locker add convenience, while maintenance fees include heat, hydro, and water, making monthly budgeting easier. With a park at your doorstep and Islington subway station, shops, and neighbourhood essentials close by, it's a good choice for anyone looking for less upkeep and more time to enjoy life. Two working mounted TVs come with the unit. Includes a parking spot with a bike rack and a locker.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$759
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,934
mls© NumberW13864412
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Water Included
Building Insurance Included
CAC Included
Hydro Included

Listing History

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  • 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%
$2,298
Property tax
$161
Heat allowance
$150
Condo fees, half counted
$380
Housing costs
$2,989 / mo

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

Down payment20% · $89,800
25-yr amortization

Income needed

$92,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

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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