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$399,000
DOM10daysPort Royal Place · 7 Michael Power Place · Toronto · Ontario M9A 0A4
10 days on market
Beautifully renovated ground floor unit with walk out to your private patio ready to move in! Amazing location within walking distance to Islington Subway. Bright, airy and full of natural light all in a comfortable layout. Best of all the small condo fee of 634.68 covers: heat , hydro, water, building insurance & amenities - you only have to get your own internet or phone subscription! Fully eqiupt gym, party room and billiard room. Enjoy BBQ's, locker and a premium wide parking space. This com…
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 PROFESSIONALS INC.
Source: TRREB/PROPTX · MLS® W14029550
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~550 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 39% of your true cost of ownership. The other 61% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $18,164 | $1,514/mo |
| Government & taxes | ||
| Property tax | $1,880 | $157/mo |
| Land transfer tax(closing) | $4,460 | $372/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%) | $3,990 | $333/mo |
| Condo fees | ||
| Condo / HOA fees | $7,616 | $635/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 | $46,770 | $3,898/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.