405-5 Rowntree Road, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13440392

$545,400
For Sale
Listed 129 days agoNo offer date statedSitting longer than typical
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2+1Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Experience resort-style living in this beautifully renovated and sun-filled 2-bedroom plus den suite, ideally positioned with a sought-after northwest exposure...
  • Enjoy breathtaking panoramic views of the Humber River, lush ravine, and Rowntree Mills Park from the kitchen, breakfast area, den, and private balcony-creating a...
  • This spacious and thoughtfully designed suite features two full bathrooms, including a private primary ensuite, ensuite laundry, and an expansive open-concept living...
  • Recently and extensively upgraded, this move-in-ready unit showcases fresh designer paint throughout, beautifully renovated bathrooms completed in 2025, and brand-new...
  • Located within the prestigious Platinum on the Humber, a highly sought-after 24-hour gated community surrounded by mature landscaping and green space, residents enjoy...

Experience resort-style living in this beautifully renovated and sun-filled 2-bedroom plus den suite, ideally positioned with a sought-after northwest exposure offering abundant natural light throughout the day. Enjoy breathtaking panoramic views of the Humber River, lush ravine, and Rowntree Mills Park from the kitchen, breakfast area, den, and private balcony-creating a serene setting where nature truly feels like your own backyard. This spacious and thoughtfully designed suite features two full bathrooms, including a private primary ensuite, ensuite laundry, and an expansive open-concept living and dining area perfect for both everyday living and entertaining. Recently and extensively upgraded, this move-in-ready unit showcases fresh designer paint throughout, beautifully renovated bathrooms completed in 2025, and brand-new modern flooring installed in 2026. The updated kitchen features a stylish glass backsplash, while contemporary finishes and elegant details create a sophisticated living environment throughout the home. Located within the prestigious Platinum on the Humber, a highly sought-after 24-hour gated community surrounded by mature landscaping and green space, residents enjoy an exceptional array of resort-style amenities including indoor and outdoor swimming pools, hot tub, fitness centre, tennis courts, squash courts, party room, games room, and more. Outdoor enthusiasts will love the direct access to the Humber Trail, offering endless opportunities for walking, jogging, cycling, and scenic rides all the way to Lake Ontario. Conveniently situated close to the newly opened Finch West LRT, Highways 400, 401 and 407, Pearson International Airport, York University, Humber College, University of Guelph-Humber, shopping, transit, parks, and everyday conveniences. A rare opportunity to own a fully upgraded, spacious condo residence that perfectly combines luxury, nature, and urban convenience in one of Toronto's most desirable gated communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13440392
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Steeles/Kipling
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,007/mo
Exposure
North West
Property tax
$1,473 / 2026
Days on market
129
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Primary BedroomMain4.90 × 3.45 m

Vinyl Floor

Living RoomMain5.80 × 4.90 m

Vinyl Floor

LaundryMain1.20 × 1.10 m

Tile Floor

Bedroom 2Main3.00 × 2.85 m

Vinyl Floor

KitchenMain3.05 × 2.40 m

Vinyl Floor

Dining RoomMain3.60 × 2.75 m

Vinyl Floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is North Albion Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Mount Olive-Silverstone-Jamestown · asking prices
$541kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $476/sqft; this home lists at $420/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
545kThis home549k529k600k475k550kThis home vs active comparables

Neighbourhood & location

Mount Olive-Silverstone-Jamestown, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Markland Wood
$680K
Dovercourt-Wallace Emerson-Junction
$640K
Bayview Village
$543K
Little Portugal
$549K
Niagara
$727K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near North Kipling Junior Middle School
49%
North Kipling Junior Middle SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 49% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Andrew Catholic School · Catholic elementary0.5 km · 56% at standard
Highfield Junior School · Public elementary0.8 km · 58% at standard
Venerable John Merlini Catholic School · Catholic elementary0.8 km · 82% at standard
Beaumonde Heights Junior Middle School · Public elementary0.9 km · 70% at standard
Smithfield Middle School · Public elementary1.2 km · 72% at standard
St Roch Catholic School · Catholic elementary1.3 km · 65% at standard
John D Parker Junior School · Public elementary1.3 km · 72% at standard
Humber Summit Middle School · Public elementary1.3 km · 59% at standard
Claireville Junior School · Public elementary1.5 km · 53% at standard
Gracedale Public School · Public elementary1.6 km · 53% at standard
Greenholme Junior Middle School · Public elementary1.6 km · 72% at standard
Elmbank Junior Middle Academy · Public elementary1.6 km · 48% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,486/mo
$120KIncome needed
4.5×Price ÷ income
$574Weekly cost
$14,766Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

69%mortgage
Mortgage $2,486Property tax $123Condo fee $1,007Total carry $3,616

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,412per month

Mortgage amount $436,320 · 4.49% over 25 years

$109,080Down payment (20.0%)
$436,320Loan before insurance
$0CMHC premium
$3,542Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,412
Property tax
$123
Condo / maintenance fees
$1,007
Heating
$0
Estimated monthly cost
$3,542

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,383
Toronto municipal land transfer tax
$7,383
Estimated closing costs
$14,766

Plus your down payment of $109,080. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,920/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$287,426Total interest paid
$723,746Total of all payments
Principal $436,320 Interest $287,426
YearPrincipalInterestBalance
1$9,737$19,213$426,583
2$10,179$18,771$416,404
3$10,641$18,309$405,763
4$11,124$17,826$394,639
5$11,629$17,321$383,010
6$12,157$16,793$370,852
7$12,709$16,241$358,143
8$13,286$15,664$344,857
9$13,890$15,060$330,967
10$14,520$14,430$316,447
11$15,180$13,770$301,267
12$15,869$13,081$285,399
13$16,589$12,361$268,809
14$17,342$11,607$251,467
15$18,130$10,820$233,337
16$18,953$9,997$214,384
17$19,814$9,136$194,571
18$20,713$8,237$173,857
19$21,654$7,296$152,204
20$22,637$6,313$129,567
21$23,665$5,285$105,902
22$24,739$4,211$81,163
23$25,862$3,088$55,301
24$27,037$1,913$28,264
25$28,264$686$0

At the end of your 5-year term

Total paid over the term
$144,749
Principal paid down
$53,310
Interest paid
$91,439
Balance remaining
$383,010

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
5.4%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

9.0%
Gross yield
− Property tax $1,473− Condo fees $12,084− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,631

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.

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