Skip to main

    601 - 5 MICHAEL POWER Pl

    For RentPort Royal Place VI Condos
    $2,500/mth
    1 Bed
    1 Bath
    2 Parking
    566 SQFT
    16 Days on Strata
    Est Lease Timeframe
    19 Days

    Listing History

    Unit Highlights

    Possession Date:
    March 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    14.24 x 10.6ft
    Kitchen
    6.27 x 9.32ft
    Prim Bdrm
    8.69 x 7.58ft

    About this Listing

    Location! Location! This stunning one-bedroom condo in desirable Islington Village is seconds from Islington Subway Station and minutes to highways and downtown Toronto! The functional kitchen has granite countertops and a breakfast bar. En-suite laundry, one parking space, and one locker are included. It is steps to restaurants, parks, and schools. Close to Hwy 427/ Cloverdale/ Sherway.

    ExtrasExisting fridge, stove, dishwasher, microwave, stacked washer/ dryer, window coverings, and elf's. *Excellent amenities, entertainment lounge, gym, concierge, billiards room & more!

    century 21 leading edge realty inc.MLS® #W11901515


    Amenities

    Visitor Parking
    Party Room
    Indoor Parking
    Bike Storage
    Rec Room
    Concierge

    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

    Port Royal Place VI Condos vs The Islington | City Centre West Area

    Days on Strata

    Units at Port Royal Place VI Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    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
    5.7
    YEARS before being sold again

    Property Value

    6%
    Increase in property value within the past twelve months

    Price Ranking

    39th
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Port Royal Place VI Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Port Royal Place VI Condos has the
    ?
    highest ROI out of 58 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Port Royal Place VI Condos yields the
    ?
    highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood

    High Demand

    Port Royal Place VI Condos is the
    ?
    most popular building out of 58 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 5 Michael Power Place

    1 Bed1 Bed + Den2 Bed
    Price Range$482,000 - $510,000$525,000$582,000 - $585,000
    Avg. Cost Per Sqft$896$769$683
    Avg. Wait for Unit Availability66 Days123 Days56 Days
    Ratio of Units in Building36%21%45%

    Transactions vs Inventory

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