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For SaleCondo Apt · ApartmentMLS® #W14165688 · TRREB MLS®

501-11 Michael Power Pl, Toronto, Ontario

Islington-City Centre West, Toronto, Ontario M9A 5G3

Bedrooms
1
Bathrooms
1
Type
Condo Apt
Basement
None

$410,000

Estimated market value

About 501-11 Michael Power Pl

501-11 Michael Power Pl is a 1-bedroom, 1-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $410,000 (MLS® W14165688).

Bright And Sunny One Bedroom Condo In Desirable Port Royal Place! This Well Maintained, Freshly Painted Unit Features A Functional Open Concept Layout With Spacious Living And Dining Areas, Perfect For Everyday Living And Entertaining. Walk Out To Your Private Balcony Overlooking A Beautiful Park, Offering A Peaceful Space To Relax And Enjoy. Generously Sized Bedroom With Double Closet For Ample Storage. New Laminate Flooring Throughout Adds A Fresh, Modern Touch. Well Managed Building With 24-Hour Security. One Parking Space And Locker Included. Maintenance Fees Include Utilities. Unbeatable Location Just Steps To Subway, Shopping, Restaurants, Grocery Stores And Everyday Amenities. Excellent Opportunity For First Time Buyers, Professionals, Downsizers Or Investors. A Wonderful Place To Call Home In A Prime, Convenient Location!

Insights

  • Condition Score

    Fair
    66out of 100

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    42out of 100

    −$462/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 27 condos with 1 bedroom for lease in Islington-City Centre West right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$1,949 / 2026
MLS® number
W14165688
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
500-599 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: SUTTON GROUP REALTY SYSTEMS INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 501-11 Michael Power Pl, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$410,000N/AFor SaleW14165688

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Islington-City Centre West
Municipality
Toronto

Building

Size
500-599 sqft
Construction
Brick

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 4pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Fridge, Stove, Dishwasher, Washer, Dryer, All electrical Light Fixture, All Window Coverings, 1 Underground Parking and 1 Locker.
Condo maint.
$579

Rooms

RoomSizeFeaturesLevel
Living3.04 × 4.99 mLaminate, Combined W/Dining, W/O To BalconyFlat
Dining3.04 × 4.99 mLaminate, Combined W/Living, Open ConceptFlat
Kitchen2.37 × 2.41 mBreakfast Bar, Ceramic Floor, Open ConceptFlat
Br3.02 × 3.99 mLaminate, Double Closet, O/Looks ParkFlat

Map and tour

Condos for sale in Islington-City Centre West right now

For sale now
162
Median asking price
$500K

Middle half: $449K to $600K

New in 7 days
23

66 in 28 days

Price cuts
19%

31 listings

This home is asking 18% below the median, lower than three quarters of them.

See all homes in Islington-City Centre West

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 25 MABELLE AVESite planOMB Appeal

    Proposal to redevelop the site with a 49 storey mixed use building containing 79 square metres of retail gross floor area, 580 residential condominium units and 5 levels of below grade parking. The new building is proposed to be constructed to the west of the existing residential building at 25 Mabelle Avenue.


    340 m away

  • 36 FIELDWAY RDCondominiumUnder Review

    *** To permit a 10-storey residential building that contains 123 dwelling units and two below-ground parking levels. The redevelopment proposes 9,791.10 sq. m of total gross floor area (GFA), 247 sq. m of indoor amenity space and 302 sq. m of outdoor amenity space with a Floor Space Index (FSI) of 4.39 times the area of the lot.


    350 m away

  • 38 FIELDWAY RDCondominiumUnder Review

    *** To permit a 10-storey residential building that contains 123 dwelling units and two below-ground parking levels. The redevelopment proposes 9,791.10 sq. m of total gross floor area (GFA), 247 sq. m of indoor amenity space and 302 sq. m of outdoor amenity space with a Floor Space Index (FSI) of 4.39 times the area of the lot.


    360 m away

  • 3326 BLOOR ST WPlan of subdivisionUnder Review

    Bloor Kipling Housing Now: Draft Plan of Subdivision to create two mixed-use development blocks and a new public road connecting Green Lanes and Aberfoyle Crescent.


    410 m away

  • 56 FIELDWAY RDPlan of subdivisionUnder Review


    420 m away

  • 56 FIELDWAY RDSite planUnder Review

    Site Plan application proposing to redevelop the site into a mixed-use community comprised of four tall buildings at 12, 23, 34 and 42 storeys. The proposal introduces a total of 1,340 new residential units and 1,536 square metres of non-residential space. The total gross floor area of the development is 92,466 square metres.


    420 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Land transfer tax on this home

Ontario land transfer tax
$4,675
Toronto municipal land transfer tax
$4,675
Total land transfer tax
$9,350
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$875
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $410,000
$200
Ontario total
$4,675

Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,675.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Permit history

3 building permits cleared at this address in the City’s file.

  • Other(PS)Cancelled

    Kitech removal and PEX installation to a condo unit, no change in location or number of fixtures

    Completed November 18, 2025

  • Fire AlarmClosed

    Proposal for fire panel and announciator replacement

    Issued November 20, 2024

  • Re-Roofing/Re-CladdingPermit Issued

    Proposal for roof deck repair and slab concrete repair in the existing common garage for 11, 15, & 17 Michael Power Place.

    Issued August 17, 2020

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Islington Junior Middle SchoolToronto DSBPublic · grades JK–8 · French Immersion350 m69%Grade 6 average
Our Lady of Peace Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion850 m76%Grade 6 average
Our Lady of Sorrows Catholic SchoolToronto CDSBCatholic · grades JK–81.1 km89%Grade 6 average
ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–82.2 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Etobicoke Collegiate InstituteToronto DSBPublic · grades 9–12900 m73%Grade 9 math
Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion2.3 km81%Grade 9 math
Burnhamthorpe Collegiate InstituteToronto DSBPublic · grades 9–122.6 km—
École secondaire Toronto OuestConseil scolaire ViamondeFrench-language public · grades 9–127.3 km82%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Islington StationTTC subway: Line 2 Bloor-Danforth500 m
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton950 m
Royal York StationTTC subway: Line 2 Bloor-Danforth1.6 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth2.9 km
Jane StationTTC subway: Line 2 Bloor-Danforth3.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Zoning

By-law

See Former City of Etobicoke By-Law No. 11,737
Outside By-law 569-2013

What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.

City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $82,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$82,000
Total mortgage amount
$328,000
Total interest payment
$233,300
Total purchase cost
$643,300
Mortgage payment
$1,871/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

40%

Monthly carrying cost

$2,612
−$462per month
  • Rent $2,150
  • Shortfall $462

Rental income opens at $2,150, the median asking rent of 27 comparable homes for lease in Islington-City Centre West. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

Recently sold nearby

Sold prices in Islington-City Centre West are shown to signed-in members.

Email Michelle Lacroix