7 Michael Power Pl 1508

FOR SALE
$619,999
7 Michael Power Pl 1508, Etobicoke
7 Michael Power Pl 1508
7 Michael Power Pl 1508
7 Michael Power Pl 1508
7 Michael Power Pl 1508
7 Michael Power Pl 1508
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
W8303986
MLSID
Contact Us
Property Description
Bright and Spacious 2 bedroom corner suite in desirable "Port Royal Place". This beautiful open concept kitchen/living/dining area with walkout to balcony. Brand new 2024 stainless steel appliances including built-in microwave(2024) , dishwasher (2024) Fridge (2024) Living room flooring (2024) Stove (2024). Spacious master bedroom with ensuite bath . Extras include 24hr concierge/security, fitness centre, bike storage and all utilities (heat, hydro, water) included in maintenance fee. Convenient location near transit, schools, park and more! The seller will paint the home at the buyer's color choice and professionally clean and wash the carpets prior to closing.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-10-26 2022-10-29 3 $2,650 $2,700 Leased
2020-02-18 2020-02-21 3 $2,475 $2,475 Leased
Nearby Intersections
Property Features
Hospital, Library, Place Of Worship, Public Transit, School Bus Route
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,100 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
Etobicoke Market Statistics
Etobicoke Price Trend
7 Michael Power Pl 1508 is a 2-bedroom 2-bathroom condo listed for sale at $619,999, which is $211,706 (25.5%) lower than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Etobicoke increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.
Inventory Change
There were 1,810 2-bedroom condos listed in Etobicoke over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Etobicoke typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 2-bedroom condos in Etobicoke over the last 30 days (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Etobicoke stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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