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$629,900
DOM10days5 Michael Power Place · Toronto · Ontario M9A 0A3
10 days on market
Penthouse Perfection! Spectacular City Skyline & Lake Ontario Views! Fall in love with the views, the light, and the lifestyle! Perched high above the city, this bright and spacious penthouse delivers unobstructed panoramic views of the Toronto skyline and Lake Ontario that never get old. The inviting open-concept living and dining area offers plenty of room to entertain, host dinner parties, or simply kick back and relax. Step out to your own private balcony - the perfect spot to sip a glass of…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
No price-drop or motivated-seller signals detected from MLS data we track on this listing.
Property history
Comparable sales
Brokered by: RE/MAX HALLMARK REALTY LTD.
Source: TRREB/PROPTX · MLS® W13997938
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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) | $28,676 | $2,390/mo |
| Government & taxes | ||
| Property tax | $2,587 | $216/mo |
| Land transfer tax(closing) | $9,073 | $756/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%) | $6,299 | $525/mo |
| Condo fees | ||
| Condo / HOA fees | $10,680 | $890/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 | $67,975 | $5,665/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.