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| Heat Included | |
| Building Insurance Included | |
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Ph02 - 5 Michael Power Place
Islington-City Centre West, Toronto
$629,900
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 wine, watch the sunset, and take in the sparkling cityscape.The thoughtfully designed split-bedroom layout offers the ideal balance of space and privacy. The generous primary bedroom features a private 3-piece ensuite, while the second bedroom is perfect for guests, a roommate, or your dream home office. A second full bathroom adds extra convenience. The stylish kitchen boasts granite countertops, stainless steel appliances, and an open view into the living area, so you can cook up a storm without missing a moment of your favourite show or the conversation! Whether you're a first-time buyer, downsizer, professional, or savvy investor, this penthouse offers the perfect opportunity to enjoy elevated city living with a view you'll never tire of! Come for the views - stay for the lifestyle! Elevated living, incredible views, and unbeatable convenience - this penthouse is the complete package!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 11-15 |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $890 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $2,587 |
| mls© Number | W13997938 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
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%
- $3,224
- Property tax
- $216
- Heat allowance
- $150
- Condo fees, half counted
- $445
- Housing costs
- $4,035 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$124,000
gross annual household income
- Payment at 4%
- $2,651 / mo
- Cash down
- $125,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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