Loading neighbourhood intel…
Loading neighbourhood intel…
$599,000
3 Michael Power Place · Toronto · Ontario M9A 0A2
133 days on market
Breathtaking Lake & Skyline Views Corner Suite in the Heart of Etobicoke. Welcome to this bright, spacious corner suite at the highly sought after Michael Power community, where unobstructed south facing views of Lake Ontario and stunning east facing views of Toronto's illuminated downtown skyline set this unit apart from everything else at this price point. Offering 2 bedrooms and a private ensuite in the primary and 2 full bathrooms across a well designed split bedroom layout, this move in rea…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Book a call for full analysis. Get a full analysis →
Seller signals
↓ $20KPrice reduction
MLS shows the seller reduced the asking price by $20,000 (from $619,000 to $599,000).
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX ULTIMATE REALTY INC.
Source: TRREB/PROPTX · MLS® W13436496
Do you own a home in Toronto?
Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.
Get My StreetValue™ →Monthly carrying costs, utilities, and closing cost estimates.
20%+ down — no CMHC premium
≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $27,269 | $2,272/mo |
| Government & taxes | ||
| Property tax | $2,555 | $213/mo |
| Land transfer tax(closing) | $8,455 | $705/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $5,990 | $499/mo |
| Condo fees | ||
| Condo / HOA fees | $10,381 | $865/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $65,310 | $5,443/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.