207 - 3 Michael Power Pl
1 / 29
For RentPalais at Port Royal PlaceEst Lease Timeframe 16 Days
$3,400/mth
Price Increase: $3,000
2 Beds + 1
2 Bath
1 Parking
1,000 SQFT
46 Days on Strata
Listing History
Unit Highlights
Possession Date:
Immediately/TBA
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
None
Furnished:
No
Exposure:
South
Locker:
Owned
Laundry:
Ensuite
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
Room Dimensions
Kitchen
8.46 x 8.5ft
Den
7.91 x 8.83ft
Living
17.65 x 11.48ft
About this Listing
2 Bedroom Plus Den, 2 Bath Unit, Steps to Kipling Subway. Unit Features an open concept practical layout with over 1000 Sqft of Living Space. Upgrades include New Laminate throughout.. Great Location to shopping and parks.
ExtrasStainless Steel Fridge, Stove, Dishwasher, Microwave, Ensuite Washer and Dryer, Existing Blinds & Light Fixtures.
kic realtyMLS® #W10415652
Amenities
Party Room
Media Room
Sauna
Gym Room
Indoor Pool
Visitor Parking
Explore Neighbourhood
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
9/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
6/10
Bikeability
The bike lane starts to feel like a second home.
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
23,799
Average Individual Income
$66,150
Average Household Size
3 persons
Average Age
43
Average Household Income
$103,533
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
32%
Detached
31%
Semi Detached
23%
Low Rise Apartment
7%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
English
59%
Other
15%
Mandarin
12%
Cantonese
10%
Tagalog
1%
Spanish
1%
Korean
1%
Tamil
1%
Education
University and Above
38%
High School
24%
College
15%
None
14%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
19%
Social Sciences
13%
Health & Related Fields
12%
Math & Computer Sciences
7%
Humanities
4%
Physical Sciences
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Price Trends
Maintenance Fees
Palais at Port Royal Place vs The Islington | City Centre West Area
Building Trends At Palais at Port Royal Place
Days on Strata
Units at Palais at Port Royal Place spend an average of
28
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
100%
of the list price.
Or in other words, the
Or in other words, the
entire list price
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Islington | City Centre West
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
26th
Highest price per SQFT out of 58 condos in the Islington | City Centre West area
Sold Units
19
Units were Sold over the past twelve months
Rented Units
13
Units were Rented over the past twelve months
Best Value Rank
Palais at Port Royal Place offers the best value out of 58 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Palais at Port Royal Place has the highest ROI out of 58 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Palais at Port Royal Place yields the highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood
?
High Demand
Palais at Port Royal Place is the most popular building out of 58 condos in the Islington | City Centre West neighbourhood
?
Transaction Insights at 3 Michael Power Place
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $500,000 - $530,000 | $540,000 - $580,000 | $588,000 - $664,000 | No Data |
| Avg. Cost Per Sqft | $904 | $869 | $752 | No Data |
| Price Range | $2,300 - $2,500 | $2,600 - $2,700 | $2,900 - $3,200 | $3,200 |
| Avg. Wait for Unit Availability | 55 Days | 72 Days | 47 Days | 299 Days |
| Avg. Wait for Unit Availability | 45 Days | 98 Days | 52 Days | 296 Days |
| Ratio of Units in Building | 37% | 22% | 40% | 3% |
Transactions vs Inventory
Total number of units listed and leased in Islington | City Centre West
