Skip to main

    1407 - 1 Michael Power Pl

    For SaleVivid Condos
    3.0
    $549,900
    1 Bed
    1 Bath
    1 Parking
    590 SQFT
    3 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $548/mth
    Taxes:
    $1,917 (2024)
    Cost Per Sqft:
    $932/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    Flexible / TBA
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Laminate, Open Concept, Walk-in Closet
    4.82 x 3.51ft
    Living
    Laminate, Open Concept, Walkout To Balcony
    15.68 x 9.84ft
    Dining
    Laminate, Combined with Living, Open Concept
    15.68 x 9.84ft

    About this Listing

    Welcome to Vivid Condos - a remarkably well managed condo building conveniently located between Islington and Kipling, just North of Bloor. This 1 bedroom, 1 bathroom condo includes 1 parking space, 1 storage locker, 1 massive balcony, and ensuite laundry. Stepping into this nearly 600 sq ft condo you're greeted with a large open concept foyer with walk-in closet / ensuite storage room. The well laid out kitchen is generously sized for a 1 bedroom condo. There's a lot of counter space - perfect for cooking and entertaining, and the stainless steel appliances all look great. The combination living / dining room includes a walk-out to a massive, almost 100 square foot balcony with clear views down to the lake and into Mississauga. This is one of the best views on the block, and even more so for any 1 bedroom style layout. The bedroom is large enough to accommodate a king sized bed plus dressers, and also includes a double wide closet with built in-shelving. The bathroom is a modern and functional layout with ample storage, and large clean bath tub. Building amenities are top notch and include an excellently equipped gym, indoor pool, sauna, and more. Convenient and safe location close to parks, schools, public transit, two TTC subways stops, restaurants, shopping, groceries, and a lot more. This condo will not disappoint, it looks even better in person than in the photos!

    ExtrasSS: fridge, stove, dishwasher, range hood. Clothing washer & dryer, all light fixtures, all window coverings. Building amenities, indoor pool, gym, sauna, party room, and cozy fireplace, conference room, theatre, concierge & visitor parking

    royal lepage terrequity realtyMLS® #W11908090


    Amenities

    Visitor Parking
    Party Room
    Media Room
    Concierge
    Guest Suites
    Sauna

    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,799
    Average Individual Income
    $66,150
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,533
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Other
    15%
    Mandarin
    12%
    Cantonese
    10%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    Vivid Condos vs The Islington | City Centre West Area

    Days on Strata

    Units at Vivid Condos spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    12
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Vivid Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Vivid Condos has the
    ?
    highest ROI out of 58 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Vivid Condos yields the
    ?
    highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood

    High Demand

    Vivid Condos is the
    ?
    most popular building out of 58 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 1 Michael Power Place

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$515,000 - $570,000$525,000 - $676,000$649,900 - $687,000No Data
    Avg. Cost Per Sqft$925$793$791No Data
    Avg. Wait for Unit Availability75 Days50 Days66 Days596 Days
    Ratio of Units in Building31%37%32%3%

    Transactions vs Inventory

    Total number of units listed and sold in Islington | City Centre West