$499,900 - 9 Michael Power Place Unit 1106, Etobicoke
Condo for Sale in Etobicoke
36 days on market- MLS Number
- W13123832
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- CRESCENT REAL ESTATE INC.
Welcome 1 bedroom condo in a perfect location, set in the Islington City Centre West neighbourhood, ideal for young business professionals seeking comfort, convenience & excellent connectivity across Toronto. This thoughtfully designed suite features an open concept living & dining area that provides everyday functionality while also offering a welcoming space for relaxing or entertaining guests. The kitchen includes a convenient eat in peninsula perfect for casual meals or morning coffee, along w/a double sink & stylish black appliances, including a dishwasher, that combine practicality w/modern appeal. The sizeable living room offers flexible space to suit your lifestyle & features floor to ceiling windows that bring in natural light, while providing a walk out to the balcony's pleasant extension of the living space. The generously sized bedroom also features floor to ceiling windows along w/a spacious closet & enough room to comfortably accommodate both a bed & desk, ideal for those who enjoy work from home flexibility. An additional closet within the suite provides extra storage, helping keep the living space organized & clutter free. The 4-pc bathroom includes a sizeable bathtub along w/a convenient trifold mirror cabinet & ample space to comfortably manage your morning & evening routines. The location is incredibly convenient, with the building close to Bloor St bus routes & only a short walk to Islington subway station for simple and effecient commuting across the city. The surrounding neighbourhood offers a friendly community atmosphere w/the added reassurance of a police station located just south of the building, along w/schools nearby. Visit Michael Power Park for some green space and recreation, or explore other nearby parks. Offering excellent location, practical design & strong lifestyle appeal, this condo is a fantastic opportunity to own in a well connected west Toronto neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Etobicoke (Islington / Rexdale)
Etobicoke (Islington / Rexdale) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Etobicoke (Islington / Rexdale)
- •Convenient location in Etobicoke (Islington / Rexdale)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Etobicoke (Islington / Rexdale) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
9 Michael Power Place Unit 1106, Etobicoke (Islington / Rexdale)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $833/sqft, this property is priced in line with current Etobicoke market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.