Maintenance Fees
Port Royal Place VI Condos vs The Islington | City Centre West Area
1408 - 5 Michael Power Pl
For SalePort Royal Place VI Condos
15 Days on Strata
$599,000
2 Beds
2 Bath
1 Parking
826 SQFT
Listing History
2025 - Mar 18
for sale$599,000
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Unit Highlights
Property Type:
Condo
Maintenance Fees:
$797/mth
Taxes:
$2,310 (2024)
Cost Per Sqft:
$725/sqft
Locker:
Owned
Outdoor Space:
Balcony
Exposure:
East
Possession Date:
April 30, 2025
About this Listing
Discover This Stunning 2-Bedroom Condo With A Sought-After Split Layout And East Exposure, Perfectly Situated In The Heart Of Islington Village! Bright And Airy With Floor-To-Ceiling Windows, This Unit Features An Open-Concept Living And Dining Area. Enjoy The Added Convenience Of Full-Sized Laundry, A Dedicated Parking Spot, And A Locker For Extra Storage. Ideally Locate, You're Just Minutes From Transit, Including Islington Subway Station, As Well As Major Highways (427/QEW/Gardiner/401). A Short Stroll Takes You To Shops, Parks, Dine-In And Fast Food Restaurants, And More, Offering A Lifestyle Of Unparalleled Convenience. This Well-Maintained Building Boasts A Host of Amenities, Including A Gym, Large Party Room, Visitor Parking, And Recently Renovated Common Areas With Upgraded Hallways, Doors, And Security Systems. Whether You're Looking For Modern Comfort Or A Vibrant Neighbourhood, This Condo Delivers On All Fronts.
ExtrasAll Existing Appliances, All Elf's, All Window Coverings
psrMLS® #W12025235
Features
Maintenance Fees
Included
Heat
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Utility Type
- Air Conditioning
- None
- Heat Source
- No Data
- Heating
- Forced Air
Amenities
Bike Storage
Indoor Parking
Security System
Guest Suites
Games Room
Visitor Parking
Concierge
Party Room
Rec Room
BBQs Allowed
Gym Room
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
12.01 x 15.49ft
Dining
Laminate, Combined with Living
12.01 x 15.49ft
Kitchen
Tile Floor, Granite Counter
7.68 x 8.66ft
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Islington | City Centre West
Commute Calculator
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.
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%
Building Trends At Port Royal Place VI Condos
Days on Strata
Units at Port Royal Place VI Condos spend an average of
29
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the 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
5.7
YEARS before being sold againProperty Value
-5%
Decrease in property value within the past twelve months
Price Ranking
24th
Highest price per SQFT out of 74 condos in the Islington | City Centre West area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
5
Units were Rented over the past twelve months
Best Value Rank
Port Royal Place VI Condos offers the best value out of 74 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Port Royal Place VI Condos has the highest ROI out of 74 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Port Royal Place VI Condos yields the highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood
?
High Demand
Port Royal Place VI Condos is the most popular building out of 74 condos in the Islington | City Centre West neighbourhood
?
Market Insights
Transaction Insights at Port Royal Place VI Condos
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | $482,000 - $510,000 | $525,000 | $582,000 - $625,000 |
| Avg. Cost Per Sqft | $874 | $769 | $699 |
| Price Range | $2,150 - $2,300 | No Data | $2,800 - $3,050 |
| Avg. Wait for Unit Availability | 67 Days | 121 Days | 58 Days |
| Avg. Wait for Unit Availability | 64 Days | 124 Days | 100 Days |
| Ratio of Units in Building | 36% | 21% | 45% |
Market Inventory
Total number of units listed and sold in Islington | City Centre West
