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Unit 1004 at Palais At Port Royal Place

Sold

3 Michael Power Place 1004, Toronto W08, ON M9A 0A2

MLS #W12064262

$495,000

Sold on May 22, 2025

May 22, 2025

Originally listed at $499,000 18 days on market

About This Property

Welcome to the sun-filled 1 bedroom plus full size den suite at the stylish Palais at Port Royal Place! This bright and efficiently designed suite offers great south-facing views of the downtown skyline and Lake Ontario. Situated in the highly sought-after southern building of the Michael Power Place complex, this unit features quality finishes, including granite countertops and stainless steel appliances, perfect for modern living. Located in a prime location, you're just a short and enjoyable walk from the Islington Subway, Kipling GO Station, and the vibrant shops and restaurants of Islington Village.The building offers an impressive array of top-tier amenities, including: indoor pool, expansive fitness and aerobics centre, saunas, a chic party lounge room with a gourmet kitchen and cozy fireplace. There's a boardroom and a theatre. 24-hour concierge provides building security. There is ample visitor parking for having guests over. Discover a lifestyle of comfort, convenience, and sophistication in this exceptional suite your next home awaits!

Investment Analysis

Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($610/mo) and property tax ($1,910/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$768/sqft
Islington-City Centre West
$667/sqft+15.1%
Toronto W08
$679/sqft

Fair Market Price

Analysis based on 0 sales and 0 leases in this building. Unit size estimated at 650 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

600-699 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2226
MLS Size600-699
Listed OnApr 4, 2025
Maintenance Fees$610/month
Property Tax$1,910/year

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Rooms

NameSize (m)Size (ft)Features
Foyer(Main)2.31 x 1.097.6 x 3.6-
Living Room(Main)4.45 x 3.2314.6 x 10.6-
Dining Room(Main)4.45 x 3.2314.6 x 10.6-
Kitchen(Main)2.97 x 2.629.7 x 8.6-
Primary Bedroom(Main)3.53 x 2.9211.6 x 9.6-
Bathroom(Main)2.34 x 1.57.7 x 4.9-

Room Dimensions Available

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Unit 1004 History

Complete transaction history for this unit

Terminated

Listed: Jan 2, 2025

$520,000

92 days on marketSale
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1 More Transactions Available

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Price History

Original List Price

$499,000

Listed on Apr 4, 2025

Sold Price

$495,000

Sold on May 22, 2025

-$4,000

-0.8%

18 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePalais At Port Royal Place
Address3 Michael Power Place, Toronto W08
Parking TypeUnderground

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About Unit 1004 at Palais At Port Royal Place

Unit 1004 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 600-699 square feet located at Palais At Port Royal Place, 3 Michael Power Place, Toronto W08. This unit is currently sold (sold for $495K).

About Palais At Port Royal Place

Palais At Port Royal Place is located at 3 Michael Power Place, Toronto W08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Islington-City Centre West Neighbourhood

This unit is located in Islington-City Centre West, part of Toronto W08 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Palais At Port Royal Place, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

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