2501 - 3 Michael Power Place

City Centre West, Toronto

2501 - 3 Michael Power Place, City Centre West, Toronto

$455,000


Bedrooms: 1

Bathrooms: 1

Living Area: 500 sqft

Price Per Sqft: $910.00


About this Condo

in City Centre West, Toronto

Welcome to 3 Michael Power place - a stunning, 25th high-floor 1-bedroom condo in a vibrant and highly sought-after complex. This spacious unit boasts an open-concept layout that maximizes light and space, featuring a modern kitchen with granite countertops, stainless steel appliances, and sleek cabinetry. Enjoy laminate flooring throughout, ensuite laundry and a private balcony perfect for relaxing with beautiful north views. The building offers exceptional amenities: 24-hour concierge, indoor pool, fully equipped gym, sauna, party room, theatre, billiards lounge cards room and library -everything you need to live, work, and entertain comfortably. Location is unbeatable-just steps from Islington TTC Subway, shopping, restaurants, and parks. Quick access to Humber College and major highways (427, Gardiner, QEW, 401) and Pearson airport. The upcoming Etobicoke City Centre is nearby, making this an excellent investment and lifestyle choice. Additional perks: 1 underground parking spot and 1 locker included. Ideal for first-time buyers or those seeking a modern, move-in-ready condo with privacy, convenience, and incredible view. Building Amenities: Theater, Party Room/Meeting Room, Indoor Pool, Sauna, Gym, Billiards Room, Card Room, Library, Recreation Room & Visitor Parking.

Listed by THE DIAMOND 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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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