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1 Bed, 1 Bath Condo in Toronto
Unit 101 at 7 Michael Power Place
Beautifully renovated ground floor unit with walk out to your private patio ready to move in! Amazing location within walking distance to Islington Subway. Bright, airy and full of natural light all in a comfortable layout. Best of all the small condo fee of 634.68 covers: heat , hydro, water, building insurance & amenities - you only have to get your own internet or phone subscription! Fully eqiupt gym, party room and billiard room. Enjoy BBQ's, locker and a premium wide parking space. This complex is extremely desirable and well maintained! You have plenty of shops on Dundas, and Tom Riley Park is close by. Quartz counter top with excellent appliances + water softener. Built-in closet/pantry. This amazing neighbourhood offers convenience, excellent transit, and gorgeous park trails close by. It is the ideal first time buyer opportunity in Etobicoke's picture perfect, Islington Village.
1 bedroom, 1 bathroom, 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 7 Michael Power Pl #101
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
0-499 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
7 Michael Power Pl #101 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14029550$399,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7 Michael Power Pl #101 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$1,960
/mo
based on the purchase price of $399,000
$79,800 cash
$319,200 financed
$268,850 total interest
Principal54%$319,200
Interest46%$268,850
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 $399K.
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 listings12,972Homes 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
1 for sale at 7 Michael Power Pl — plus its sale and lease history.
7 Michael Power Pl #101 is listed at $399,000 (MLS® W14029550). Summitly updates the price as soon as the MLS® record changes.
Has the price of 7 Michael Power Pl #101 changed?
No — 7 Michael Power Pl #101 is still listed at its original asking price of $399,000.
How many bedrooms and bathrooms does 7 Michael Power Pl #101 have?
7 Michael Power Pl #101 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 7 Michael Power Pl #101?
About $1,960 a month — principal and interest on $399,000 with 20% down ($79,800), 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 7 Michael Power Pl #101 compare with other homes in Toronto?
Its asking price of $399,000 is about 53% 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 7 Michael Power Pl #101 been sold before?
Summitly has no earlier MLS® sale or lease of 7 Michael Power Pl #101 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7 Michael Power Pl #101?
7 Michael Power Pl #101 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 Michael Power Pl #101 been on the market?
1 day — 7 Michael Power Pl #101 was listed on October 13, 2026.
What is the price per square foot of 7 Michael Power Pl #101?
About $800 per square foot: the asking price of $399,000 over the 0–499 sq ft the listing gives.
Does 7 Michael Power Pl #101 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 7 Michael Power Pl #101 have a basement, and is it finished?
The listing says 7 Michael Power Pl #101 has no basement.
What is the land transfer tax on 7 Michael Power Pl #101?
About $8,920 at the asking price of $399,000: $4,460 Ontario land transfer tax plus $4,460 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
