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1005 - 5 Michael Power Place
Islington-City Centre West, Toronto
$469,900
Bright & Beautifully Updated Condo in the Heart of Desirable Islington Village! This sun-filled one-bedroom suite offers a spacious open-concept layout, perfect for comfortable living and entertaining. Featuring a newly renovated kitchen with granite countertops, breakfast bar, and modern finishes, plus a stylishly updated bathroom. Generous primary bedroom with double closet provides ample storage. Enjoy your own private balcony-ideal for morning coffee or evening relaxation. Unbeatable location just steps to Toronto Subway Line 2 at Islington Station, GO Transit at Kipling, Mi Way transit, shopping, dining, and everyday conveniences. Exceptional value in a vibrant, connected community!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $592 |
| Locker | Owned |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $1,961 |
| mls© Number | W13817710 |
| Listed By | RE/MAX REALTY SPECIALISTS INC. |
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%
- $2,405
- Property tax
- $163
- Heat allowance
- $150
- Condo fees, half counted
- $296
- Housing costs
- $3,015 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$93,000
gross annual household income
- Payment at 4%
- $1,977 / mo
- Cash down
- $93,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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