1 Michael Power Pl 1407
Islington-City Centre West, Toronto, M9A 0A1
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BEDROOMS1
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Property Description
Welcome to Vivid Condos - a remarkably well managed condo building conveniently located between Islington and Kipling, just North of Bloor. This 1 bedroom, 1 bathroom condo includes 1 parking space, 1 storage locker, 1 massive balcony, and ensuite laundry. Stepping into this nearly 600 sq ft condo you're greeted with a large open concept foyer with walk-in closet / ensuite storage room. The well laid out kitchen is generously sized for a 1 bedroom condo. There's a lot of counter space - perfect for cooking and entertaining, and the stainless steel appliances all look great. The combination living / dining room includes a walk-out to a massive, almost 100 square foot balcony with clear views down to the lake and into Mississauga. This is one of the best views on the block, and even more so for any 1 bedroom style layout. The bedroom is large enough to accommodate a king sized bed plus dressers, and also includes a double wide closet with built in-shelving. The bathroom is a modern and functional layout with ample storage, and large clean bath tub. Building amenities are top notch and include an excellently equipped gym, indoor pool, sauna, and more. Convenient and safe location close to parks, schools, public transit, two TTC subways stops, restaurants, shopping, groceries, and a lot more. This condo will not disappoint, it looks even better in person than in the photos! **EXTRAS** SS: fridge, stove, dishwasher, range hood. Clothing washer & dryer, all light fixtures, all window coverings. Building amenities, indoor pool, gym, sauna, party room, and cozy fireplace, conference room, theatre, concierge & visitor parking
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-11-20 | 2020-11-27 | 9 | $499,900 | $491,500 | Sold |
| 2020-10-26 | 2020-11-17 | 22 | $519,900 | - | Terminated |
| 2020-08-21 | 2020-08-23 | 2 | $499,900 | - | Terminated |
Nearby Intersections
Bloor & Islington (82)
Dundas & Kipling (73)
Property Features
Clear View, Level, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$1,917 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (D#24)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 3.51' x 4.82' | Laminate, Open Concept, W/I Closet |
| Living | Main | 9.84' x 15.68' | Laminate, Open Concept, W/O To Balcony |
| Dining | Main | 9.84' x 15.68' | Laminate, Combined W/Living, Open Concept |
| Kitchen | Main | 9.68' x 10.66' | Granite Counter, Stainless Steel Appl, Open Concept |
| Br | Main | 10.01' x 12.01' | Double Closet, Large Window, Laminate |
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Toronto Market Statistics
Toronto Price Trend
1 Michael Power Pl 1407 is a 1-bedroom 1-bathroom condo listed for sale at $509,900, which is $47,210 (8.5%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Terrequity Realty
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