| CAC Included | |
| Common Elements Included | |
| Heat Included | |
| Hydro Included | |
| Building Insurance Included | |
| Parking Included | |
| Water Included |
























101 - 7 Michael Power Place
Islington-City Centre West, Toronto
$445,000
Beautifully renovated ground floor unit with walk out to your private patio ready to move in! Amazing location within walking distance to Islington Subway. Bright, airy and full of natural light all in a comfortable layout. Best of all the small condo fee of 634.68 covers: heat, hydro, water, building insurance & amenities - you only have to get your own internet or phone subscription! Fully eqiupt gym, party room and billiard room. Enjoy BBQ's, large fully private locker and a premium wide parking space. This complex is extremely desirable and well maintained! You have plenty of shops on Dundas, and Tom Riley Park is close by. Quartz counter top with excellent appliances + water softener. Built-in closet/pantry. This amazing neighbourhood offers convenience, excellent transit, and gorgeous park trails close by. It is the ideal first time buyer opportunity in Etobicoke's picture perfect, Islington Village.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $635 |
| Locker | Owned |
| Balcony | None |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $1,880 |
| mls© Number | W13729476 |
| Listed By | RE/MAX PROFESSIONALS INC. |
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%
- $2,278
- Property tax
- $157
- Heat allowance
- $150
- Condo fees, half counted
- $317
- Housing costs
- $2,902 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$89,000
gross annual household income
- Payment at 4%
- $1,873 / mo
- Cash down
- $89,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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