3 Michael Power Place, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Islington-City Centre West. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $489,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient fan coil heating via electric
Description
Experience urban living in this exquisite 1+1 bedroom condo at 3 Michael Power, Unit 2804. With 650 sqft of thoughtfully designed space, this freshly painted and well-maintained unit features breathtaking unobstructed south views of the tranquil lake and the stunning Toronto skyline to the west. Enjoy the convenience of included parking and a locker, along with the exceptional service of friendly concierge. Ideally located just a short walk from Islington TTC subway station and a quick drive to major highways like the 427, Gardiner Expressway, and 401, this condo offers easy access to the city. Plus, with the upcoming Etobicoke City Centre set to include a childcare facility, public library, retail spaces, an art gallery, and a health clinic, you'll be at the heart of a vibrant and growing community.
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Key Features
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Features
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Public Transit, Rec./Commun.Centre, School, Park
Interior Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3 Michael Power Place 2804, Toronto W08, ON M9A 0A2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $489,800 in Toronto, the legal minimum down payment is $24,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,271 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,271 also applies, bringing the total estimated land transfer taxes to $12,542.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
