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New1 hour ago

1206 - 9 Michael Power Place

Islington-City Centre West, Toronto

$420,000

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

Welcome to penthouse-level living in this exceptionally spacious and bright one-bedroom residence, with an ideal floor plan and an abundance of natural light. Thoughtfully updated and lovingly maintained, this home feels both comfortable and refined. Enjoy the double-long balcony with great southern exposure. The extra-large primary bedroom provides plenty of space for much more than just a bed, while ensuite laundry adds everyday convenience. Residents also enjoy access to great building amenities, offering opportunities to socialize and stay active and enjoy the convenience of owned underground parking and an over-sized storage locker, both located on P1 just steps from the elevator. The low maintenance fee includes ALL the utilities. The location is exceptionally connected, with quick access to the TTC, MiWay, GO Transit, 427, QEW and Gardiner Expressway. Everyday amenities are close at hand, including a 24-hour Shoppers Drug Mart, Sherway Gardens, Queensway Cineplex, grocery stores, restaurants, cafés and parks.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$655
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,870
mls© NumberW13798522
Listed BySAGE REAL ESTATE LIMITED
Heat Included
Building Insurance Included
CAC Included
Parking Included
Hydro Included
Water 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%
$2,150
Property tax
$156
Heat allowance
$150
Condo fees, half counted
$327
Housing costs
$2,783 / mo

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

Down payment20% · $84,000
25-yr amortization

Income needed

$86,000

gross annual household income

Payment at 4%
$1,767 / mo
Cash down
$84,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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