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    615 - 9 Michael Power Pl E

    For SalePort Royal Place IV Condos
    $499,000
    1 Bed
    1 Bath
    1 Parking
    559 SQFT
    15 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $604/mth
    Taxes:
    $1,616 (2024)
    Cost Per Sqft:
    $893/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    November 29, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    15.75 x 10.3ft
    Kitchen
    7.91 x 7.78ft
    Prim Bdrm
    13.26 x 9.94ft

    About this Listing

    Attention: Good size Condo in a Convenient Location with Parking and Locker under $500,000! Yes, it is still option if you move quickly! Welcome to this gorgeous functional layout Suite. Freshly painted, upgraded and ready to move in. All new kitchen stainless steel appliances. Walking distance to Islington Station; Hwy 427; Gardener Express; Sherway Mall; 10 mins to Pearson; Trillium Health Centre; Good-sized balcony facing quiet courtyard. The maintenance fee covers all utilities, one Parking and Locker. You will not be disappointed!

    ExtrasAll new Stainless Steel Kitchen Appliances: Fridge, Stove, Built-In Dishwasher, Built-In Microwave. Washer, Dryer, All Electrical Light Fixtures, Window Blinds.

    right at home realtyMLS® #W10409980


    Amenities

    Guest Suites
    Concierge
    Security System
    Indoor Parking
    Gym Room
    Bike Storage

    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    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%

    Maintenance Fees

    Port Royal Place IV Condos vs The Islington | City Centre West Area

    Days on Strata

    Units at Port Royal Place IV Condos spend an average of
    15
    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
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    6.3
    YEARS before being sold again

    Property Value

    14%
    Increase in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    7
    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 IV Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Port Royal Place IV Condos has the
    ?
    highest ROI out of 58 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Port Royal Place IV Condos yields the
    ?
    highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood

    High Demand

    Port Royal Place IV Condos is the
    ?
    most popular building out of 58 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 9 Michael Power Place

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$485,000 - $545,000$532,000 - $560,000$635,000 - $640,000No DataNo Data
    Avg. Cost Per Sqft$923$738$768No DataNo Data
    Avg. Wait for Unit Availability135 Days130 Days102 Days899 Days1562 Days
    Ratio of Units in Building34%27%36%5%1%

    Transactions vs Inventory

    Total number of units listed and sold in Islington | City Centre West