$399,000 - 17 Michael Power Place Unit 601, Etobicoke
Condo for Sale in Etobicoke
New — Listed 2 days agoNeighbourhood: Islington-City Centre West
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- MLS Number
- W14027860
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Taxes (2026)
- $1,934
- Maintenance Fees
- $759/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Offered at $399,000. In Etobicoke. With parking AND a locker. Yes, you read that right. Every so often, a Toronto real estate listing comes along that makes you look twice at the price.This might be one of them. Tucked into a quiet, nine-storey building in the heart of Etobicoke, Suite 601 offers something that's becoming harder to find: a comfortable, well-kept home in a genuinely lovely community, without a price tag that makes your eyes water. And there's a lot to like here. For starters, the bedroom is actually big enough to feel like a bedroom. Imagine that. The open-concept living space is comfortable and practical, the kitchen has been thoughtfully upgraded, and there's a private balcony for your morning coffee, a little fresh air or five minutes of doing absolutely nothing. Fresh paint and an upgraded laundry pair mean you can unpack and get on with living. But here's where the numbers get interesting. Heat, hydro AND water are included in the maintenance fees. That's three monthly expenses you don't have to budget for separately. You also get your own parking space, a good sized storage locker and a built in bike rack in your parking spot. Because having somewhere to put your car and all the things you promised yourself you'd eventually declutter is a pretty nice bonus. And then there's the community. This isn't one of those enormous condo towers where you might never recognize your neighbours. It's a smaller, established building with a welcoming atmosphere, a park just outside and the convenience of Islington subway station, shops and everyday essentials close by. The kind of place where life feels a little easier. Whether you're buying your first home, downsizing from something bigger or simply looking for a smart way into the Toronto market, there's a lot of value packed into this address. Sometimes a smart move isn't about getting more house. It's about getting more of what matters.
Estimate your monthly payments for this property
Estimated Payment
$2,047.08/mo
Includes CMHC insurance ($11,132)
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.
17 Michael Power Place Unit 601, 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 $665/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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. The $759/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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.