$519,000 - 1 Michael Power Place Unit 605, Etobicoke
Condo for Sale in Etobicoke
65 days on marketNeighbourhood: Islington-City Centre West
- MLS Number
- W13470994
- Property Type
- Condo
- Status
- active
- Days on Site
- 65
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
Every home has a story, and this one begins with morning coffee as sunlight fills your living room and ends with breathtaking sunsets from your private south-facing balcony.Welcome to 1 Michael Power Place, a bright and beautifully maintained 1+Den suite offering one of the largest and most functional layouts in the building. Freshly painted and move-in ready, this home combines modern finishes with the flexibility today's lifestyle demands.The open-concept kitchen is designed to bring people together, featuring quartz countertops, stainless steel appliances, ample cabinetry, and a breakfast island overlooking the living and dining area. Recent updates include a new fridge, new stainless steel stove (2026), built-in dishwasher (2023), and stacked washer and dryer (2025), allowing you to simply move in and enjoy.Floor-to-ceiling windows fill the home with natural light, while the spacious primary bedroom offers double closets and a cozy nook perfect for reading or working from home. The generous den easily transforms into a home office, nursery, or guest room. Laminate flooring runs throughout, and the suite includes one underground parking space and a locker.Life here extends beyond your front door with exceptional amenities including a 24-hour concierge, indoor pool, fitness centre, sauna, theatre room, party room, games room, and visitor parking. Just steps to Islington Subway Station and minutes to Kipling GO, Highway 427, the QEW, and Pearson Airport. Walk to restaurants, cafés, shopping, parks, and everyday conveniences. Across the street, the future Etobicoke Civic Centre redevelopment will introduce a new civic centre, library, community centre, and vibrant public spaces, making this one of Etobicoke's most exciting and connected neighbourhoods.Whether you're buying your first home, downsizing, or investing, this is a place where comfort, convenience, and opportunity come together.
Estimate your monthly payments for this property
Estimated Payment
$2,662.74/mo
Includes CMHC insurance ($14,480)
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 605, 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
Competitive Pricing
At $741/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 65 days on site, this property has exceeded the typical selling timeline for Etobicoke. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 700 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.
Investment Perspective
Looking at this as an investment: Etobicoke properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.