Bright & Beautifully Updated Condo in the Heart of Desirable Islington Village! This sun-filled one-bedroom suite offers a spacious open-concept layout, perfect for comfortable living and entertaining. Featuring a newly renovated kitchen with granite countertops, breakfast bar, and modern finishes, plus a stylishly updated bathroom. Generous primary bedroom with double closet provides ample storage. Enjoy your own private balcony-ideal for morning coffee or evening relaxation. Unbeatable location just steps to Toronto Subway Line 2 at Islington Station, GO Transit at Kipling, Mi Way transit, shopping, dining, and everyday conveniences. Exceptional value in a vibrant, connected community!
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $940 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 5 Michael Power Pl #1005
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 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
5 Michael Power Pl #1005 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13817710$469,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Michael Power Pl #1005 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
$2,308
/mo
based on the purchase price of $469,900
$93,980 cash
$375,920 financed
$316,623 total interest
Principal54%$375,920
Interest46%$316,623
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
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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 $470K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5114.8%On average, homes sold at or above asking.
Active listings12,427Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 4 – Aug 2, 2026.
Based on 9,270 sales from Aug 2 – Oct 31, 2026 (6,989 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
4 for sale · 1 for rent at 5 Michael Power Pl — plus its sale and lease history.
5 Michael Power Pl #1005 is listed at $469,900 (MLS® W13817710). Summitly updates the price as soon as the MLS® record changes.
Is $469,900 a good price for 5 Michael Power Pl #1005?
Summitly rates it Fair Price: the asking price is Within 3% below to 5% above 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 5 Michael Power Pl #1005 changed?
No — 5 Michael Power Pl #1005 is still listed at its original asking price of $469,900.
How many bedrooms and bathrooms does 5 Michael Power Pl #1005 have?
5 Michael Power Pl #1005 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 5 Michael Power Pl #1005?
About $2,308 a month — principal and interest on $469,900 with 20% down ($93,980), 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 5 Michael Power Pl #1005 compare with other homes in Toronto?
Its asking price of $469,900 is about 44% below the median sold price in Toronto over the last 90 days, $840,000, across 9,270 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 5 Michael Power Pl #1005 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Michael Power Pl #1005 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Michael Power Pl #1005?
5 Michael Power Pl #1005 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Michael Power Pl #1005 been on the market?
38 days — 5 Michael Power Pl #1005 was listed on September 23, 2026.
What is the price per square foot of 5 Michael Power Pl #1005?
About $784 to $940 per square foot: the asking price of $469,900 over the 500–599 sq ft the listing gives as its size range.
Does 5 Michael Power Pl #1005 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 5 Michael Power Pl #1005 have a basement, and is it finished?
The listing says 5 Michael Power Pl #1005 has no basement.
