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
























1206 - 9 Michael Power Place
Islington-City Centre West, Toronto
$420,000
Welcome to penthouse-level living in this exceptionally spacious and bright one-bedroom residence, with an ideal floor plan and an abundance of natural light. Thoughtfully updated and lovingly maintained, this home feels both comfortable and refined. Enjoy the double-long balcony with great southern exposure. The extra-large primary bedroom provides plenty of space for much more than just a bed, while ensuite laundry adds everyday convenience. Residents also enjoy access to great building amenities, offering opportunities to socialize and stay active and enjoy the convenience of owned underground parking and an over-sized storage locker, both located on P1 just steps from the elevator. The low maintenance fee includes ALL the utilities. The location is exceptionally connected, with quick access to the TTC, MiWay, GO Transit, 427, QEW and Gardiner Expressway. Everyday amenities are close at hand, including a 24-hour Shoppers Drug Mart, Sherway Gardens, Queensway Cineplex, grocery stores, restaurants, cafés and parks.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $655 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $1,870 |
| mls© Number | W13798522 |
| Listed By | SAGE REAL ESTATE LIMITED |
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%
- $2,150
- Property tax
- $156
- Heat allowance
- $150
- Condo fees, half counted
- $327
- Housing costs
- $2,783 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$86,000
gross annual household income
- Payment at 4%
- $1,767 / mo
- Cash down
- $84,000
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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