405-5 Rowntree Road, Toronto, ON
Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13440392
About this home
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
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1200-1399
- 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
- 35
- Listing brokerage
- HOMELIFE/MIRACLE REALTY LTD
Rooms
Vinyl Floor
Vinyl Floor
Tile Floor
Vinyl Floor
Vinyl Floor
Vinyl Floor
Listed at $545,400, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 20 similar homes nearby, adjusted for size, beds, and baths.Median of 20 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $518K, a close match.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $550K
- Bedrooms +$30K
- Adjusts to $580K
That comparable adjusts to $580K; the $556K estimate above is the median of all 20 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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.
On location, this is a very walkable address with everyday errands close by. Kipling Ave at Panorama Crt is about a 5-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $556K, median of 20 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 0% above the area average of $420/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Mount Olive-Silverstone-Jamestown, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Kipling Ave at Panorama Crt, about 363 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $436,320 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,328
- Property tax
- $123
- Condo / maintenance fees
- $1,007
- Heating
- $0
- Estimated monthly cost
- $3,458
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
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
At the end of your 5-year term
- Total paid over the term
- $139,702
- Principal paid down
- $55,565
- Interest paid
- $84,136
- Balance remaining
- $380,755
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. MLS®/PropTx.