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| CAC Included | |
| Building Insurance Included | |
| Parking Included |







































1804 - 5 Michael Power Place
Islington-City Centre West, Toronto
$489,990
Welcome to Unit 1804 at 5 Michael Power Place, a bright and inviting 1-bedroom + den condo in the heart of Islington-City Centre West. Offering 658 sq. ft. of thoughtfully designed living space, this well-maintained suite features an open-concept layout with warm laminate flooring and plenty of natural light throughout. The kitchen overlooks the main living area and features granite countertops, a breakfast bar and plenty of cabinetry, creating an easy flow into the combined living and dining space. Step outside to the private balcony and enjoy the southwest exposure from the 18th floor. The spacious bedroom offers a large window and generous closet, while the versatile den provides valuable additional space for a home office, guest area or whatever best suits your lifestyle. A four-piece bathroom and convenient ensuite laundry complete the suite. Included are one owned underground parking space and one owned locker, adding everyday convenience and extra storage. Residents also enjoy building amenities including concierge/security, an exercise room, games room, party/meeting room and visitor parking. Set in vibrant Islington-City Centre West, close to Michael Power Park, neighbourhood shops and restaurants, with convenient access to Islington subway and Kipling GO for commuters, an ideal opportunity for first-time buyers, downsizers or anyone seeking well-connected condo living.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 16-30 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $695 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,134 |
| mls© Number | W13877104 |
| Listed By | Royal LePage Real Estate Associates |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,508
- Property tax
- $178
- Heat allowance
- $150
- Condo fees, half counted
- $347
- Housing costs
- $3,183 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$98,000
gross annual household income
- Payment at 4%
- $2,062 / mo
- Cash down
- $97,998
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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