5 Michael Power Pl #1804 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $489,990. It has 600-699 sq ft of living space.
1The kitchen overlooks the main living area and features granite countertops, a breakfast bar and plenty of cabinetry, creating an easy flow into the combined living and dining space.
2Step outside to the private balcony and enjoy the southwest exposure from the 18th floor.
3Included are one owned underground parking space and one owned locker, adding everyday convenience and extra storage.
Welcome to Unit 1804 at 5 Michael Power Place, a bright and inviting 1-bedroom + den condo in the heart of Islington-City Centre West. Offering 658 sq. ft. of thoughtfully designed living space, this well-maintained suite features an open-concept layout with warm laminate flooring and plenty of natural light throughout. The kitchen overlooks the main living area and features granite countertops, a breakfast bar and plenty of cabinetry, creating an easy flow into the combined living and dining space. Step outside to the private balcony and enjoy the southwest exposure from the 18th floor. The spacious bedroom offers a large window and generous closet, while the versatile den provides valuable additional space for a home office, guest area or whatever best suits your lifestyle. A four-piece bathroom and convenient ensuite laundry complete the suite. Included are one owned underground parking space and one owned locker, adding everyday convenience and extra storage. Residents also enjoy building amenities including concierge/security, an exercise room, games room, party/meeting room and visitor parking. Set in vibrant Islington-City Centre West, close to Michael Power Park, neighbourhood shops and restaurants, with convenient access to Islington subway and Kipling GO for commuters, an ideal opportunity for first-time buyers, downsizers or anyone seeking well-connected condo living.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $817 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 #1804
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
5 Michael Power Pl #1804 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13877104$489,990
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Michael Power Pl #1804 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$2,407
/mo
based on the purchase price of $489,990
$97,998 cash
$391,992 financed
$330,160 total interest
Principal54%$391,992
Interest46%$330,160
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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Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $490K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,357Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 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 at 5 Michael Power Pl — plus its sale and lease history.
5 Michael Power Pl #1804 is listed at $489,990 (MLS® W13877104). Summitly updates the price as soon as the MLS® record changes.
Is $489,990 a good price for 5 Michael Power Pl #1804?
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 5 Michael Power Pl #1804 changed?
No — 5 Michael Power Pl #1804 is still listed at its original asking price of $489,990.
How many bedrooms and bathrooms does 5 Michael Power Pl #1804 have?
5 Michael Power Pl #1804 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 5 Michael Power Pl #1804?
About $2,407 a month — principal and interest on $489,990 with 20% down ($97,998), 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 #1804 compare with other homes in Toronto?
Its asking price of $489,990 is about 42% below the median sold price in Toronto over the last 90 days, $842,000, across 9,226 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 #1804 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Michael Power Pl #1804 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Michael Power Pl #1804?
5 Michael Power Pl #1804 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Michael Power Pl #1804 been on the market?
15 days — 5 Michael Power Pl #1804 was listed on October 8, 2026.
What is the price per square foot of 5 Michael Power Pl #1804?
About $701 to $817 per square foot: the asking price of $489,990 over the 600–699 sq ft the listing gives as its size range.
Does 5 Michael Power Pl #1804 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 5 Michael Power Pl #1804 have a basement, and is it finished?
The listing says 5 Michael Power Pl #1804 has no basement.