3 Michael Power Pl 408

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3 Michael Power Pl 408, Etobicoke
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
W3898509
MLSID
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Property Description
Experience Everything The Palais At Port Royal Place Has To Offer In This Stunning Move In Ready Unit. Gorgeous Open Concept Layout With Gleaming Hardwood Floors. Designer Kitchen Truly Fit For A Chef With Granite Counter Tops, Custom White Subway Tile Backsplash, & Stainless Steel Appliances. Serene Balcony Oasis Overlooking Breathtaking Courtyard For All Of Your Relaxation Needs. Superb Location With Quick Accessibility To Highways & Downtown Toronto!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-09-09 2022-09-16 8 $599,900 $600,000 Sold
Extras
Stainless Steel Fridge, Stainless Steel Stove, Stainless Steel Built-In Dishwasher, Stainless Steel Microwave, Washer, Dryer, All Closet Organizers, All Window Coverings, & All Electrical Light Fixtures. 1 Parking Space & 1 Storage Locker!
Property Features
Hospital, Library, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$1,780 (2016)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level B Unit 35)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain11.81' x 14.30'Hardwood Floor, Combined W/Dining, W/O To Balcony
DiningMain11.81' x 14.30'Hardwood Floor, Combined W/Living, Open Concept
KitchenMain7.81' x 7.97'Stainless Steel Appl, Granite Counter, Custom Backsplash
MasterMain10.66' x 11.32'Hardwood Floor, Window, Closet
2nd BrMain9.48' x 12.50'Hardwood Floor, Window, Closet
Etobicoke Market Statistics
Etobicoke Price Trend
3 Michael Power Pl 408 is a 2-bedroom 1-bathroom condo listed for sale at $424,888, which is $379,712 (47.2%) lower than the average sold price of $804,600 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Etobicoke increased by $16,555 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $8,624 (1.1%) from the same time one year ago.
Inventory Change
There were 1,466 2-bedroom condos listed in Etobicoke over the last 30 days (March 26 - April 24), which is up 21.0% compared with the previous 30 day period (February 25 - March 25) and up 36.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Etobicoke typically sold ($9,449) (1.2%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,479 increase compared to the previous 30 day period (February 25 - March 25) and ($7,124) 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 (March 26 - April 24) stood at 48.0%, up from 45.6% over the previous 30 days (February 25 - March 25) and down from 63.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Etobicoke stood at 24 days when successfully sold over the last 30 days (March 26 - April 24), compared to 58 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sutton Group Elite Realty Inc., Brokerage
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