$479,000 - 1 Michael Power Place Unit 1513, Etobicoke
Condo for Sale in Etobicoke
Neighbourhood: Islington-City Centre West
- MLS Number
- W13615612
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- LPT REALTY
Step into this impeccably maintained 1-bedroom, 1-bathroom suite and feel the difference immediately; it's freshly painted, flooded with natural light through floor-to-ceiling windows, and thoughtfully designed so every square foot works for you. The east-facing balcony is your private retreat. The sleek open-concept kitchen doesn't just look good, it performs. Quartz countertops, stainless steel appliances, and generous cabinetry make cooking and entertaining effortless, flowing naturally into a living area that's both comfortable and versatile. The spacious bedroom with an oversized closet rounds out a layout that simply makes sense. What's included: 1 underground parking space + 1 storage locker. Maintenance fees at $578.73 per month covering heat, water, central A/C, building insurance, parking, and common elements are exceptional value in today's market. Resort-style amenities: 24-hour concierge, indoor pool, fitness centre, sauna, theatre room, party room, and visitor parking. Location that connects you to everything: Steps to Islington Subway Station, minutes to Kipling GO, with direct access to Hwy. 427, the QEW, and the Gardiner Expressway. Walkable to dining, cafés, boutiques, parks, and daily essentials in the heart of Islington City Centre. Who this is perfect for: This unit is ideal for young professionals seeking a low-maintenance, well-located base close to transit and the downtown core; first-time buyers ready to enter the market with predictable carrying costs; downsizers looking to simplify without sacrificing comfort or amenities; and investors targeting a high-demand rental pocket with strong transit connectivity and consistent rental appeal in Etobicoke.
Estimate your monthly payments for this property
Estimated Payment
$2,457.52/mo
Includes CMHC insurance ($13,364)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Islington-City Centre West
Islington-City Centre West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Islington-City Centre West
- •Convenient location in Etobicoke (Islington / Rexdale)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Islington-City Centre West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Michael Power Place Unit 1513, Etobicoke (Islington / Rexdale)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $958/sqft, this property is priced in line with current Etobicoke market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Islington-City Centre West
I know Islington-City Centre West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.