Welcome to 1 Michael Power Place, the newest building in the Michael Power community. This rarely offered 1,080 sq ft layout is among the largest in the building, offering exceptional space and flexibility. The den, complete with a door, can easily function as a second bedroom. The oversized primary bedroom features a large walk-in closet and a private ensuite, with enough space to accommodate a home office setup. The expansive living and dining area offers further potential to create additional workspace/room. Enjoy outstanding value with an extra-large corner locker, ideal for storing winter tires, bicycles, or even a full-size scooter - see photo. An extra-large parking space on level P1 is also included. This well-maintained unit features modern, upgraded finishes, newer flooring, and includes a floating TV stand/console and a pair of beautiful closets. Move in with confidence-no renovations or upgrades required. Conveniently located within walking distance to Islington Station, and close to schools including Islington JMS and Etobicoke Collegiate Institute. Situated in a family-friendly neighbourhood with parks nearby and a golf course just minutes away. Residents enjoy excellent amenities, including an indoor pool, sauna, fitness centre, party room, theatre room, billiards room, 24-hour concierge, and ample visitor parking. A must-see opportunity offering space, versatility, and unbeatable convenience.
1 bedroom, 2 bathrooms, about 1,000 sq ft, works out to roughly $629 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1 Michael Power Pl #302
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
1000-1199 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1 Michael Power Pl #302 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,090
/mo
based on the purchase price of $628,900
$125,780 cash
$503,120 financed
$423,759 total interest
Principal54%$503,120
Interest46%$423,759
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $629K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5104.0%On average, homes sold at or above asking.
Active listings12,045Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with May 13 – Aug 11, 2026: prices down.
Based on 9,290 sales from Aug 11 – Nov 9, 2026 (7,223 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
5 for sale · 3 for rent at 1 Michael Power Pl — plus its sale and lease history.
1 Michael Power Pl #302 is listed at $628,900 (MLS® W13812320). Summitly updates the price as soon as the MLS® record changes.
Is $628,900 a good price for 1 Michael Power Pl #302?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1 Michael Power Pl #302 changed?
Yes — it was first listed at $499,000 and is now $628,900, an increase of $129,900 (26.0%).
How many bedrooms and bathrooms does 1 Michael Power Pl #302 have?
1 Michael Power Pl #302 has 1 bedroom and 2 bathrooms, with about 1,000–1,199 square feet of living space. It is a condo in Toronto.
Is 1 Michael Power Pl #302 close to transit?
The nearest rapid-transit station is Islington Station (Line 2), about 390 m (about a 5-minute walk) in a straight line. Kipling Station is about 1.1 km (about a 14-minute walk), and Royal York Station is about 1.5 km (about a 19-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1 Michael Power Pl #302?
About $3,090 a month — principal and interest on $628,900 with 20% down ($125,780), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1 Michael Power Pl #302 compare with other homes in Toronto?
Its asking price of $628,900 is about 25% below the median sold price in Toronto over the last 90 days, $840,000, across 9,290 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1 Michael Power Pl #302 been sold before?
Summitly has no earlier MLS® sale or lease of 1 Michael Power Pl #302 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1 Michael Power Pl #302?
1 Michael Power Pl #302 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1 Michael Power Pl #302 been on the market?
48 days — 1 Michael Power Pl #302 was listed on September 22, 2026.
What is the price per square foot of 1 Michael Power Pl #302?
About $525 to $629 per square foot: the asking price of $628,900 over the 1,000–1,199 sq ft the listing gives as its size range.
Does 1 Michael Power Pl #302 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
