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Sold conditionalCondo ApartmentListed 5 days ago

$555,000

3 Michael Power Place Ph08, Toronto, ON M9A 0A2

Islington-City Centre West · Toronto · M9A 0A2

Listing brokerage: KW Living Realty

Beds
2
Baths
2
Sq ft
800–899
Parking
1

Monthly costs

Maintenance

$825/mo

$0.97 per sq ft

Property taxes

$211/mo

$2,532 a year (2026)

About $1,036 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Parking
  • Covered: Common Elements
  • Covered: Building Insurance
  • Not covered: Heat
  • Not covered: Hydro
  • Not covered: Water
  • Not covered: Air conditioning

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
North West
Parking
1 spot · Underground
Locker
Owned
Balcony
Open
Laundry
In-Suite Laundry, Laundry Closet
Age
16-30 years
Possession
Flexible; closing date to be mutually agreed.

The building

Palais at Port Royal Place

3 Michael Power Pl · Islington | City Centre West

  • 2 for sale
  • 3 for rent
  • 30 floors

About this home

Penthouse-level corner suite at Port Royal Place offering approximately 835 sq. ft. per the original floorplan. Two bedrooms and two bathrooms in a split-bedroom layout. Large windows bring natural light into the living spaces and frame elevated city and treetop views. Open-concept kitchen with stainless steel appliances and a double sink, combined living/dining area and walkout to an open balcony. Primary bedroom with a three-piece ensuite; second bathroom with a bathtub and shower. In-suite laundry. Includes one owned underground parking space with an enclosed storage room directly behind it, together forming combined Unit 17, Level B. Flexible closing.

All details25 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
5
Size
800-899 sq ft

Features

  • Carpet Free

Building & Amenities

Elevator
Yes
Floor
30
Property management
DEL Property Management

Amenities

  • Elevator
  • Gym
  • Indoor Pool
  • Party Room/Meeting Room
  • Sauna
  • Visitor Parking

Heating & Cooling

Heating
Fan Coil
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
1

Features

  • Underground

Exterior & Lot

Style
Apartment
Exterior
Brick
View
City, Panoramic, Trees/Woods

Taxes & Fees

HST
Not Subject to HST

Listing

MLS® number
W13883696
Type
Condo Apartment
Transaction
For Sale
Neighbourhood
Islington-City Centre West
Cross streets
Bloor St W / Islington Ave
Rooms · 7Living Room, Dining Room, Kitchen, Primary Bedroom, Bedroom 2, Washroom ×2
  • Living Room

    Flat

    4.62 × 3.61 m · 15′2″ × 11′10″

    Combined w/Dining, W/O To Balcony, Large Window

  • Dining Room

    Flat

    Combined w/Living, Open Concept

  • Kitchen

    Flat

    2.44 × 2.44 m · 8′0″ × 8′0″

    Open Concept, Double Sink, Stainless Steel Appl

  • Primary Bedroom

    Flat

    3.30 × 3.20 m · 10′10″ × 10′6″

    3 Pc Ensuite, Closet, Large Window

  • Bedroom 2

    Flat

    3.15 × 2.90 m · 10′4″ × 9′6″

    Closet, Large Window

  • 3-piece washroom

  • 4-piece washroom

History

Past listings and sales for this home and building.

Location

3 Michael Power Place Ph08, Toronto, ON M9A 0A2 · Near Bloor St W / Islington Ave

Monthly cost

Estimated monthly cost

$3,493/mo

Mortgage
$2,457
Property tax
$211
Maintenance
$825
Down payment$111,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$128,604

$111,000 down + $17,604 to $18,854 in closing costs

Ontario land transfer tax
$7,575
Toronto land transfer tax
$7,575
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$125
Condo fee adjustment
$479

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

Other homes in Palais at Port Royal Place

5

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$555,000

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