603 - 5 Michael Power Pl
1 / 26
For RentPort Royal Place VI CondosEst Lease Timeframe 10 Days
$2,875/mth
Price Cut: $2,950
2 Beds
2 Bath
1 Parking
893 SQFT
37 Days on Strata
Listing History
Unit Highlights
Possession Date:
December 3, 2024
Lease Term:
1 Year
Property Type:
Condo
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South West
Locker:
Owned
Laundry:
Ensuite
Renter's Market
Balanced
Landlord's Market
Utilities Included
Rent Includes
Air Conditioning
Water
Parking
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Heat Pump
Room Dimensions
Living
Combined with Dining, Laminate
24.02 x 11.29ft
Dining
Combined with Living, Laminate
24.02 x 11.29ft
Kitchen
Open Concept
8.01 x 8.3ft
About this Listing
Wonderful 2 Bed, 2 Bath Corner Unit, Split Floor Plan Design, Kit Appliances S/S, Wooden Cabinets, Backsplash, & Granite Counter Tops. Laminate Flrs Throughout. Master Has 4Pc Ensuite W/Granite Counter. Excellent Location, Short Drive To Dt Toronto, Pearson Airport, Qew, And Steps Away From Islington Station! Building Amenities: Resident Lounge, Game Room, Gym/Fitness Centre, And More!
ipro realty ltd.MLS® #W9398547
Amenities
BBQs Allowed
Rec Room
Visitor Parking
Games Room
Indoor Parking
Gym Room
Explore Neighbourhood
7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
9/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
6/10
Bikeability
The bike lane starts to feel like a second home.
Similar Listings
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
23,799
Average Individual Income
$66,150
Average Household Size
3 persons
Average Age
43
Average Household Income
$103,533
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
32%
Detached
31%
Semi Detached
23%
Low Rise Apartment
7%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
English
59%
Other
15%
Mandarin
12%
Cantonese
10%
Tagalog
1%
Spanish
1%
Korean
1%
Tamil
1%
Education
University and Above
38%
High School
24%
College
15%
None
14%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
19%
Social Sciences
13%
Health & Related Fields
12%
Math & Computer Sciences
7%
Humanities
4%
Physical Sciences
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Price Trends
Maintenance Fees
Port Royal Place VI Condos vs The Islington | City Centre West Area
Building Trends At Port Royal Place VI Condos
Days on Strata
Units at Port Royal Place VI Condos spend an average of
29
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
1%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Islington | City Centre West
Turnover of Units
On average, each unit is owned for
5.7
YEARS before being sold againProperty Value
-3%
Decrease in property value within the past twelve months
Price Ranking
33rd
Highest price per SQFT out of 58 condos in the Islington | City Centre West area
Sold Units
8
Units were Sold over the past twelve months
Rented Units
4
Units were Rented over the past twelve months
Best Value Rank
Port Royal Place VI Condos offers the best value out of 58 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Port Royal Place VI Condos has the highest ROI out of 58 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Port Royal Place VI Condos yields the highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood
?
High Demand
Port Royal Place VI Condos is the most popular building out of 58 condos in the Islington | City Centre West neighbourhood
?
Transaction Insights at 5 Michael Power Place
| 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|
| Price Range | $482,000 - $510,000 | $525,000 | $582,000 - $615,000 |
| Avg. Cost Per Sqft | $896 | $769 | $699 |
| Price Range | $2,300 - $2,400 | No Data | $3,000 - $3,050 |
| Avg. Wait for Unit Availability | 67 Days | 118 Days | 57 Days |
| Avg. Wait for Unit Availability | 60 Days | 150 Days | 96 Days |
| Ratio of Units in Building | 34% | 22% | 45% |
Transactions vs Inventory
Total number of units listed and leased in Islington | City Centre West
