Maintenance Fees
Palais at Port Royal Place vs The Islington | City Centre West Area
1406 - 3 Michael Power Pl S
$2,6001 bd1 ba1 pk600 - 699 sqft
For RentPalais at Port Royal Place
5.0
14 Days on Strata
$2,600/mth
1 Bed + 1
1 Bath
1 Parking
600 - 699 SQFT
Listing History
Details
Property Type:
Condo
Possession Date:
June 1, 2025
Lease Term:
2 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
South
Locker:
Owned
Laundry:
Main
Amenities
Visitor Parking
Games Room
Indoor Pool
Party Room
Gym
Indoor Parking
Bike Storage
Sauna
Media Room
Concierge
About this Listing
" Palais Royal Place" Condo, Fantastic Location & Breathtaking Views To The Lake & Downtown Toronto, Great Design, Superior Finishing. Walk To Bloor Street, Parks, Restaurants, Subway, Access To Hwy, 24 Hrs Concierge, Exercise Room, Sauna, Party Room, Theatre, Swimming Pool, Board Room. Fabulous South View Of Cn Tower And Lake. Granite Counter Top In Kitchen And Washroom. No Pets And No Smoking.
homelife landmark realty inc.MLS® #W12065262
Fees & Utilities
Utilities Included
Rent Includes
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Laminate, Combined with Dining, Walkout To Balcony
15.39 x 10.6ft
Dining
Laminate, Combined with Living, Open Concept
15.39 x 10.6ft
Kitchen
Ceramic Floor, Backsplash, Granite Counter
8.6 x 8.01ft
Primary
Carpet, Double Closet
11.09 x 9.51ft
Den
Carpet
7.09 x 6.99ft
Renter's Market
Balanced
Landlord's Market
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7/10
Walkability
It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
9/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
6/10
Bikeability
The bike lane starts to feel like a second home.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
23,799
Average Individual Income
$66,150
Average Household Size
3 persons
Average Age
43
Average Household Income
$103,533
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
32%
Detached
31%
Semi Detached
23%
Low Rise Apartment
7%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
English
59%
Other
15%
Mandarin
12%
Cantonese
10%
Tagalog
1%
Spanish
1%
Korean
1%
Tamil
1%
Education
University and Above
38%
High School
24%
College
15%
None
14%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
25%
Architecture & Engineering
19%
Social Sciences
13%
Health & Related Fields
12%
Math & Computer Sciences
7%
Humanities
4%
Physical Sciences
4%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Building Trends At Palais at Port Royal Place
Days on Strata
Units at Palais at Port Royal Place spend an average of
29
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Islington | City Centre West
Turnover of Units
On average, each unit is owned for
5.6
YEARS before being sold againProperty Value
-8%
Decrease in property value within the past twelve months
Price Ranking
24th
Highest price per SQFT out of 74 condos in the Islington | City Centre West area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
17
Units were Rented over the past twelve months
Best Value Rank
Palais at Port Royal Place offers the best value out of 74 condos in the Islington | City Centre West neighbourhood
?
Appreciation Rank
Palais at Port Royal Place has the highest ROI out of 74 condos in the Islington | City Centre West neighbourhood
?
Rental Yield
Palais at Port Royal Place yields the highest rent prices out of 74 condos in the Islington | City Centre West neighbourhood
?
High Demand
Palais at Port Royal Place is the most popular building out of 74 condos in the Islington | City Centre West neighbourhood
?
Market Insights
Transaction Insights at Palais at Port Royal Place
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|
| Price Range | $478,000 - $523,000 | No Data | $585,000 - $650,000 | No Data |
| Avg. Cost Per Sqft | $895 | No Data | $736 | No Data |
| Price Range | $2,250 - $2,500 | $2,425 - $2,700 | $2,900 - $3,200 | $3,100 - $3,200 |
| Avg. Wait for Unit Availability | 58 Days | 70 Days | 49 Days | 299 Days |
| Avg. Wait for Unit Availability | 46 Days | 105 Days | 52 Days | 275 Days |
| Ratio of Units in Building | 37% | 22% | 40% | 3% |
Market Inventory
Total number of units listed and leased in Islington | City Centre West
