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New1 hour ago

601 - 17 Michael Power Place

Islington-City Centre West, Toronto

$399,900

Condo Apartment |
1 | 1 | 1 | 1
About this home

A spacious bedroom, modern kitchen, quiet balcony, parking, locker, and utilities included in the maintenance fees-Suite 601 gives you plenty of reasons to look closer. Set in a quiet, nine-storey building in the heart of Etobicoke, this well-kept condo offers comfortable, open-concept living, a private balcony, fresh paint and an upgraded washer and dryer. It's ready for you to move in and make it home. The value goes beyond the suite. Heat, hydro and water are all included in the maintenance fees, making monthly budgeting simpler. Your own parking space, a good-sized storage locker and a built-in bike rack at your parking spot add everyday convenience. Enjoy a smaller, established building with a welcoming community, a park just outside, and shops, everyday essentials and both Islington and Kipling subway stations close by. Whether you're buying your first home or looking to downsize, this home brings together comfort, convenience and good value in a great location. If those are on your list, this one deserves a visit.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$759
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,934
mls© NumberW14124604
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Water Included
Building Insurance Included
CAC Included
Hydro Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,047
Property tax
$161
Heat allowance
$150
Condo fees, half counted
$380
Housing costs
$2,738 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $79,980
25-yr amortization

Income needed

$84,000

gross annual household income

Payment at 4%
$1,683 / mo
Cash down
$79,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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