1203-2901 Kipling Avenue, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13494516

$550,000
For Sale
Listed 28 days ago
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3Bedrooms
2Bathrooms
2Garage
1000-1199Sq Ft

About this home

Bright And Sun-Filled End-Unit Condo With Breathtaking, Unobstructed Views! This Spacious And Beautifully Maintained Suite Features Large Windows That Flood The Home With Natural Light While Showcasing Stunning City Views. Offering 2 Generous Bedrooms Plus A Versatile Den, 2 Full Bathrooms, A Spacious Combined Living And Dining Area Ideal For Everyday Living And Entertaining, And Convenient Ensuite Laundry. Includes 2 Parking Spaces And 1 Locker. Enjoy An Impressive Selection Of Building Amenities, Including An Outdoor Pool, Sauna, Fitness Centre, Party/Meeting Room, BBQ Area, Visitor Parking, And Security System. Ideally Located With TTC Transit At Your Doorstep And Easy Access To Highways 400, 401, and 407. Close To Schools, Banks, Shopping, York University, Humber College, And Toronto Pearson International Airport. A Fantastic Opportunity To Enjoy Comfortable Living In A Highly Convenient Location!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13494516
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Kippling Ave/Steeles Ave
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,031/mo
Exposure
South East
Property tax
$1,350 / 2026
Days on market
28
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Bedroom 2Flat4.24 × 2.74 m

laminate · mirrored closet · large window

Primary BedroomFlat4.65 × 3.25 m

4 pc ensuite · mirrored closet · laminate

LaundryFlat1.00 × 1.00 m

Laminate

Living RoomFlat5.66 × 5.59 m

combined w/dining · laminate · large window

KitchenFlat6.15 × 3.12 m

eat-in kitchen · granite counters · b/i dishwasher

DenFlat2.36 × 1.85 m

laminate · large window

Dining RoomFlat5.66 × 3.15 m

combined w/living · laminate · large window

Our TakeTeam Asgarian · Broker
Above comparables
$472Kest. value

Listed at $550,000, and my independent estimate is about 17% above what comparable homes suggest.

In Mount Olive-Silverstone-Jamestown lately, sellers get about 94% of asking; homes sell in ~28 days · prices down 7% YoY.

List price
$440KGreat deal$550KOverpriced

Total price vs nearby homes. Fair value about $472K, median of 61 comparables.

How this estimate is builtthe short version

I take the 61 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $448K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is John D Parker Junior School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 61 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Mount Olive-Silverstone-Jamestown · asking prices
$489kavg asking

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

1512-21 Markbrook Lane$490k405-5 Rowntree Road$545k707-41 Markbrook Lane$470k1204-10 Markbrook Lane$450k

The 4 closest active listings nearby.

See all comparable homes
550kThis home490k545k470k450kThis home vs active comparables
Live market pulseActive comparables in Mount Olive-Silverstone-Jamestown · median list $499K
$500this home / sqft
24active listings nearby
28days on market
9sold nearby · 90 days
$477Kmedian sold price
94%of asking, on average
7%vs a year ago

This home lists 18% above the area average of $424/sqft.

27 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Willowdale East
$631K
Mount Pleasant West
$589K
Bayview Village
$513K
Mimico
$572K
Annex
$798K

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 John D Parker Junior School
72%
John D Parker Junior SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 72% meet the provincial standard

Affordability & Mortgage

Affordability
$2,507/mo
$121KIncome needed
4.5×Price ÷ income
$578Weekly cost
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 $2,507Property tax $113Condo fee $1,031Total carry $3,651

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,348per month

Mortgage amount $440,000 · 4.14% over 25 years

$110,000Down payment (20.0%)
$440,000Loan before insurance
$0CMHC premium
$3,492Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,348
Property tax
$113
Condo / maintenance fees
$1,031
Heating
$0
Estimated monthly cost
$3,492

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

One-time closing costs

Ontario land transfer tax
$7,475
Toronto municipal land transfer tax
$7,475
Estimated closing costs
$14,950

Plus your down payment of $110,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,852/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

$264,401Total interest paid
$704,401Total of all payments
Principal $440,000 Interest $264,401
YearPrincipalInterestBalance
1$10,308$17,868$429,692
2$10,739$17,437$418,953
3$11,188$16,988$407,765
4$11,656$16,520$396,109
5$12,144$16,032$383,966
6$12,652$15,525$371,314
7$13,181$14,995$358,134
8$13,732$14,444$344,402
9$14,306$13,870$330,095
10$14,905$13,271$315,190
11$15,528$12,648$299,662
12$16,178$11,998$283,484
13$16,854$11,322$266,630
14$17,559$10,617$249,070
15$18,294$9,882$230,776
16$19,059$9,117$211,717
17$19,856$8,320$191,861
18$20,687$7,489$171,174
19$21,552$6,624$149,622
20$22,454$5,722$127,168
21$23,393$4,783$103,775
22$24,371$3,805$79,403
23$25,391$2,785$54,012
24$26,453$1,723$27,559
25$27,559$617$0

At the end of your 5-year term

Total paid over the term
$140,880
Principal paid down
$56,034
Interest paid
$84,846
Balance remaining
$383,966

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$3,400/mo
$40,800Gross annual rent
4.0%Est. cap rate

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.

7.4%
Gross yield
− Property tax $1,350− Condo fees $12,377− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,985

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

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