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    Toronto / Etobicoke / Islington | City Centre West

    603 - 5 Michael Power Pl

    For RentPort Royal Place VI Condos
    $2,875/mth
    Price Cut: $2,950
    2 Beds
    2 Bath
    1 Parking
    893 SQFT
    38 Days on Strata
    Est Lease Timeframe
    10 Days

    Listing History

    Unit Highlights

    Possession Date:
    December 3, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Combined with Dining, Laminate
    24.02 x 11.29ft
    Dining
    Combined with Living, Laminate
    24.02 x 11.29ft
    Kitchen
    Open Concept
    8.01 x 8.3ft

    About this Listing

    Wonderful 2 Bed, 2 Bath Corner Unit, Split Floor Plan Design, Kit Appliances S/S, Wooden Cabinets, Backsplash, & Granite Counter Tops. Laminate Flrs Throughout. Master Has 4Pc Ensuite W/Granite Counter. Excellent Location, Short Drive To Dt Toronto, Pearson Airport, Qew, And Steps Away From Islington Station! Building Amenities: Resident Lounge, Game Room, Gym/Fitness Centre, And More!

    ipro realty ltd.MLS® #W9398547

    Amenities

    Party Room
    Security System
    Visitor Parking
    Concierge
    Gym Room
    Games Room

    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
    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%

    Price Trends

    Maintenance Fees

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

    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
    1%
    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
    5.7
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    33rd
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Port Royal Place VI Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 5 Michael Power Place

    1 Bed1 Bed + Den2 Bed
    Price Range$482,000 - $510,000$525,000$582,000 - $615,000
    Avg. Cost Per Sqft$896$769$699
    Avg. Wait for Unit Availability67 Days118 Days57 Days
    Ratio of Units in Building34%22%45%

    Transactions vs Inventory

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