PH06-15 Michael Power Pl
Islington-City Centre West, Toronto, Ontario M9A 5G4
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $676at the range’s middle
- Tax a year
- $2,1422025 tax year
- Built
- 16-30
- Parking
- 22 underground
- Days on market
- Members
The brief
About PH06-15 Michael Power Pl
PH06-15 Michael Power Pl is a 1+1-bedroom, 1-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $439,000 (MLS® W14123616).
New Price - Penthouse Suite with 2 Parking Spots - Welcome to PH06 at 15 Michael Power Place - 625 sq.ft. of unbeatable value. Sitting on the 16th and highest floor of the building, this bright 1-bedroom + den penthouse suite offers the privacy. views at a price that simply doesn't exist anywhere else in the complex. What truly sets this suite apart is a combination nearly impossible to find at this price point. Iwo owned parking spots, all-inclusive maintenance fees, an owned locker, and in-suite laundry. Whether you use both spots or rent the second for additional monthly income, the value here is exceptional. Floor-to-ceiling windows flood the open-concept living and dining area with natural light, while your northwest city views are daily reminder that you're at the top. The den offers flexibility for a home office, guest space, or 2nd bedroom. Priced to reflect its original kitchen and bathroom, this is a rare opportunity for the buyer who wants to personalize their space and build equity through their own updates. With no neighbours above, all utilities included, and one of the most connected locations in Etobicoke - steps to Islington Subway, the GO Train, parks, shops, and with quick access to the Gardiner and QEW - this is the smart buy that savvy first-time buyers, downsizers, and investors have are looking for.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even47/100−$371/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 82 condos with 2 bedrooms for lease in Islington-City Centre West right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,142 / 2025
- MLS® number
- W14123616
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 16-30
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All elf's, existing s/s fridge, b/i s/s dishwasher, stove, overhead microwave/hood, stackable white washer/dryer, all window coverings.
- Condo maint.
- $765
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 2.49 × 2.83 m | Open Concept, Breakfast Bar, Ceramic Floor | Flat |
| Dining | 3.23 × 4.81 m | Combined W/Living | Flat |
| Living | 3.23 × 4.81 m | Combined W/Dining, Window Flr to Ceil | Flat |
| Primary | 2.89 × 3.68 m | Closet, Window Flr to Ceil | Flat |
| Den | 1.89 × 2.43 m | — | Flat |
Listing history
Buy/sell history for PH06-15 Michael Power Pl, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $439,000 | N/A | For Sale | W14123616 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $87,800
- Total mortgage amount
- $351,200
- Total interest payment
- $249,700
- Total purchase cost
- $688,700
- Mortgage payment
- $2,003/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
35%Monthly carrying cost
$2,946- Rent $2,575
- Shortfall $371
Rental income opens at $2,575, the median asking rent of 82 comparable homes for lease in Islington-City Centre West. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $5,255
- Toronto municipal land transfer tax
- $5,255
- Total land transfer tax
- $10,510
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $2,035
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $439,000
- $780
- Ontario total
- $5,255
Toronto’s municipal tax uses the same brackets at this price, so it adds another $5,255.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m18 test or monitoring holes also recorded.250 m
- Groundwater recorded about 4.3 m below ground nearbyThe middle water level in the well records within 500 m (198 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 16 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.7 km5.7 km
- Mapped parcel: about 56,240 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 240 m240 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — Bering Yard, 730 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 80 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (80 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.80 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Etobicoke By-Law No. 11,737What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
5 building permits cleared at this address in the City’s file.
Fire AlarmClosed
Proposal for fire panel and annunciator replacement
Issued November 20, 2024
Piping: Other BuildingsClosed
Proposed in-suite Kitec domestic water piping replacement in unit 604 of existing Apartment Building.
Issued June 19, 2019
Piping: Other BuildingsClosed
Replacement of Kitec piping
Issued February 1, 2017
New BuildingInspection
Evision to 01- 112704 re; Previously 72 one bedroom & 69 Two bedroom. Revise to 92 one bedroom & 57 Two bedrooms to New Condominium Apartment Also expansion & revisions to U/G Parking Garage & Gate HouseBuilding. Building C. Revision to HVAC & PLMG to follow. CM = TVL Refer: #01 112699, #01 112700, #01 112702 and #01 112705 For HVAC reviewed drawings refer to permit 01-112702 Area 125. Co-reviewed with Building 'B'.For plumbing see Permit # 01-112699.
Issued August 30, 2002
New BuildingClosed
New condominium apartment building. HVAC & Plumbing included. Building C CM = TVL Refer: #01 112699, #01 112700, #01 112702 and #01 112705 For HVAC reviewed drawings refer to permit 01-112702 Area 125. Co-reviewed with Building 'B'.For plumbing see Permit # 01-112699.
Issued April 2, 2002
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
25 MABELLE AVESite planOMB Appeal
Proposal to redevelop the site with a 49 storey mixed use building containing 79 square metres of retail gross floor area, 580 residential condominium units and 5 levels of below grade parking. The new building is proposed to be constructed to the west of the existing residential building at 25 Mabelle Avenue.
280 m away20 CORDOVA AVECondominiumUnder Review
*** Proposed 27 storey building containing 325 residential units and 179 parking spaces in a below-grade parking structure.
360 m away16 CORDOVA AVECondominiumUnder Review
*** Proposed 27 storey building containing 325 residential units and 179 parking spaces in a below-grade parking structure.
370 m away12 CORDOVA AVECondominiumUnder Review
*** Proposed 27 storey building containing 325 residential units and 179 parking spaces in a below-grade parking structure.
370 m away3326 BLOOR ST WPlan of subdivisionUnder Review
Bloor Kipling Housing Now: Draft Plan of Subdivision to create two mixed-use development blocks and a new public road connecting Green Lanes and Aberfoyle Crescent.
380 m away36 FIELDWAY RDCondominiumUnder Review
*** To permit a 10-storey residential building that contains 123 dwelling units and two below-ground parking levels. The redevelopment proposes 9,791.10 sq. m of total gross floor area (GFA), 247 sq. m of indoor amenity space and 302 sq. m of outdoor amenity space with a Floor Space Index (FSI) of 4.39 times the area of the lot.
390 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Islington-City Centre West right now
- For sale now
- 163
- Median asking price
- $505K
- New in 7 days
- 16
- Price cuts
- 20%
Middle half: $449K to $600K
65 in 28 days
33 listings
This home is asking 13% below the median, lower than three quarters of them.
See all homes in Islington-City Centre WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 450 m |
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 1 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 1.6 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 2.9 km |
| Jane Station | TTC subway: Line 2 Bloor-Danforth | 3.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Islington Junior Middle SchoolToronto DSB | Public · grades JK–8 · French Immersion | 300 m | 69%Grade 6 average |
| Our Lady of Peace Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 900 m | 76%Grade 6 average |
| Our Lady of Sorrows Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1 km | 89%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 2.2 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke Collegiate InstituteToronto DSB | Public · grades 9–12 | 800 m | 73%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 2.3 km | 81%Grade 9 math |
| Burnhamthorpe Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.6 km | — |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 7.2 km | 82%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Recently sold nearby
Sold prices in Islington-City Centre West are shown to signed-in members.