1 Michael Power Pl #1609 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $525,000. It has 600-699 sq ft of living space.
1Enjoy breathtaking views from this bright, spacious open-concept 1-bedroom + den suite at 1 Michael Power Place, ideally situated in a highly sought-after Bloor-Islington neighbourhood!
2Featuring an upgraded kitchen with stainless steel appliances, a kitchen island and ceramic backsplash, plus upgraded hardwood flooring throughout.
Enjoy breathtaking views from this bright, spacious open-concept 1-bedroom + den suite at 1 Michael Power Place, ideally situated in a highly sought-after Bloor-Islington neighbourhood! Featuring an upgraded kitchen with stainless steel appliances, a kitchen island and ceramic backsplash, plus upgraded hardwood flooring throughout. Recent updates include a renovated bathroom (2024), custom closet (2024), new LG fridge (2024), and LG washer and dryer (2026). Includes 1 underground parking and 1 locker. Enjoy exceptional building amenities, including an indoor pool, sauna, fitness centre, billiards room, library, party room, visitor parking and 24-hour concierge. Just steps to Islington Subway Station, Kipling GO Station, shopping and everyday conveniences, with easy access to major highways and Toronto Pearson Airport. Excitingly, the new Etobicoke Civic Centre and community hub is under development, with completion in 2028, bringing even more amenities and vibrancy to the neighbourhood. An excellent opportunity for comfortable urban living in a growing community!
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $875 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 #1609
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 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 #1609 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14029996$525,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1 Michael Power Pl #1609 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$2,579
/mo
based on the purchase price of $525,000
$105,000 cash
$420,000 financed
$353,750 total interest
Principal54%$420,000
Interest46%$353,750
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 $525K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5032.5%On average, homes sold at or above asking.
Active listings12,966Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 9,425 sales from Jul 16 – Oct 14, 2026 (6,664 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 · 2 for rent at 1 Michael Power Pl — plus its sale and lease history.
1 Michael Power Pl #1609 is listed at $525,000 (MLS® W14029996). Summitly updates the price as soon as the MLS® record changes.
Is $525,000 a good price for 1 Michael Power Pl #1609?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 #1609 changed?
No — 1 Michael Power Pl #1609 is still listed at its original asking price of $525,000.
How many bedrooms and bathrooms does 1 Michael Power Pl #1609 have?
1 Michael Power Pl #1609 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 1 Michael Power Pl #1609 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 #1609?
About $2,579 a month — principal and interest on $525,000 with 20% down ($105,000), 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 #1609 compare with other homes in Toronto?
Its asking price of $525,000 is about 38% below the median sold price in Toronto over the last 90 days, $849,000, across 9,425 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 #1609 been sold before?
Summitly has no earlier MLS® sale or lease of 1 Michael Power Pl #1609 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1 Michael Power Pl #1609?
1 Michael Power Pl #1609 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1 Michael Power Pl #1609 been on the market?
1 Michael Power Pl #1609 was listed today (October 14, 2026).
What is the price per square foot of 1 Michael Power Pl #1609?
About $751 to $875 per square foot: the asking price of $525,000 over the 600–699 sq ft the listing gives as its size range.
Does 1 Michael Power Pl #1609 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
