LPH 07 - 1 Michael Power Place

City Centre West, Toronto

LPH 07 - 1 Michael Power Place, City Centre West, Toronto

$485,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $970.00


About this Condo

in City Centre West, Toronto

Rare Penthouse Opportunity with Panoramic Views! Welcome to the heart of Toronto's booming Islington City Centre. This bright and airy penthouse suite combines the best of condo living with unobstructed skyline and parkland views that will take your breath away. The open-concept living, dining, and kitchen area is highlighted by floor-to-ceiling windows that flood the space with natural light. With a kitchen that is perfect for both daily living and entertaining, featuring granite countertops, a breakfast bar, stainless steel appliances, and a stylish backsplash. Start your mornings with coffee overlooking the city, and end your evenings on the balcony with a backdrop of twinkling lights. The generously sized primary bedroom offers wall-to-wall windows and a spacious closet, while the 4-piece bathroom includes an extended granite vanity. In-suite laundry with a stacked washer/dryer adds everyday convenience. Building amenities include a gym, indoor pool, sauna, party room, visitor parking, and 24/7 concierge service. Right next door, Michael Power Park features a playground, splash pad, and gazebo ideal for summer days and evening strolls. Step outside and enjoy the vibrant community with restaurants, cafés, shops, yoga studios, and local art. Commuting is a breeze with Islington Subway Station, Kipling GO, and major highways just minutes away. Golf, schools, hospitals, and places of worship are also nearby. Bonus: your parking spot is ideally located directly across from the elevator. This penthouse truly has it all. Style, convenience, and unbeatable views. Don't miss it!

Listed by SUTTON GROUP QUANTUM REALTY INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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