5 Michael Power Pl #Ph02 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $629,900. It has 800-899 sq ft of living space.
1Spectacular City Skyline & Lake Ontario Views!
2Fall in love with the views, the light, and the lifestyle!
3Perched high above the city, this bright and spacious penthouse delivers unobstructed panoramic views of the Toronto skyline and Lake Ontario that never get old.
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!
2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $787 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 #Ph02
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
800-899 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 #Ph02 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13997938$629,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5 Michael Power Pl #Ph02 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
$3,095
/mo
based on the purchase price of $629,900
$125,980 cash
$503,920 financed
$424,433 total interest
Principal54%$503,920
Interest46%$424,433
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.
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 1–2 bed homes for sale in Toronto around $630K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4897.6%On average, homes sold at or above asking.
Active listings11,987Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,691 sales from Jul 15 – Oct 13, 2026 (6,629 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
2 for sale · 1 for rent at 5 Michael Power Pl — plus its sale and lease history.
5 Michael Power Pl #Ph02 is listed at $629,900 (MLS® W13997938). Summitly updates the price as soon as the MLS® record changes.
Is $629,900 a good price for 5 Michael Power Pl #Ph02?
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 5 Michael Power Pl #Ph02 changed?
No — 5 Michael Power Pl #Ph02 is still listed at its original asking price of $629,900.
How many bedrooms and bathrooms does 5 Michael Power Pl #Ph02 have?
5 Michael Power Pl #Ph02 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 5 Michael Power Pl #Ph02?
About $3,095 a month — principal and interest on $629,900 with 20% down ($125,980), 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 #Ph02 compare with other homes in Toronto?
Its asking price of $629,900 is about 26% below the median sold price in Toronto over the last 90 days, $848,000, across 9,691 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 #Ph02 been sold before?
Summitly has no earlier MLS® sale or lease of 5 Michael Power Pl #Ph02 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5 Michael Power Pl #Ph02?
5 Michael Power Pl #Ph02 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5 Michael Power Pl #Ph02 been on the market?
5 Michael Power Pl #Ph02 was listed today (October 13, 2026).
What is the price per square foot of 5 Michael Power Pl #Ph02?
About $701 to $787 per square foot: the asking price of $629,900 over the 800–899 sq ft the listing gives as its size range.
Does 5 Michael Power Pl #Ph02 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 5 Michael Power Pl #Ph02 have a basement, and is it finished?
The listing says 5 Michael Power Pl #Ph02 has no basement.
