7 Michael Power Pl 803
Islington-City Centre West, Etobicoke, M9A 0A4
FOR SALE
$639,888
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Property Description
Michael Power Building At Bloor And Islington. This Corner Unit With 2 Bedrooms is Nearly 900sq ft and Steps From Islington Subway Station. Beautifully Maintained Condo Is Ideal For First Time Home Buyer Who Is Renting Or Somebody Looking To Downsize. Rarely Available Split Bedroom Layout Has Lots Of Natural Sunshine With Floor To Ceiling Windows. Come Call This Unit ***Home Sweet Home***
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2019-09-26 | 2019-10-02 | 6 | $559,900 | $559,900 | Sold |
Nearby Intersections
Bloor & Islington (72)
Dundas & Kipling (70)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,019 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Etobicoke Market Statistics
Etobicoke Price Trend
7 Michael Power Pl 803 is a 2-bedroom 2-bathroom condo listed for sale at $639,888, which is $91,797 (12.5%) lower than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Etobicoke declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.Inventory Change
There were 779 2-bedroom condos listed in Etobicoke over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Etobicoke typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) 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 (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% 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 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Snobar Realty Group Inc.
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