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For Lease

3 Michael Power Place S 1406 #1406

Islington-City Centre West, Toronto, ON
$2,400
1+1Bd
1Ba
650+sqft
1Parking
$4/sqft
CondoMLS# W13530182Listed 2026-07-0756 DOM
Cooling
Central Air

On the market for 56 days — longer than average. The seller may be open to negotiation.

About this home

" 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

Pool

Rooms

Other
Living Room4.69 × 3.23 m
Dining Room4.69 × 3.23 m
Kitchen2.62 × 2.44 m
Primary Bedroom3.38 × 2.90 m
Den2.16 × 2.13 m

Features

  • Other
  • None
  • Central Air
  • Apartment

Financials

Estimated Rental Income

Entire property$2,100 – $2,800/mo
Rental yield1050.0% – 1400.0%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market56 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$2,400
3 Michael Power Place S 1406, Toronto
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