805-5 Rowntree Road, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13512654

$499,901
For Sale
Listed 21 days ago
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2Bedrooms
2Bathrooms
2Garage
1200-1399Sq Ft
12 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Well Kept Unit W/Spectacular View Of The Humber River, Open Concept with lots of upgrade, New Floor, Modern kitchen, Excellent Layout With 2 Bedrooms Plus Den, 2 Full Baths, Lots Of Natural Light, Close To All Amenities, In this beautifully landscaped Platinum On The Humber has 24hour Security Gated Complex, This unit Overlooks the Humber River & Rowntree Mills Park. Enjoy your Morning Coffee from your Kitchen, Dining Room or Balcony while taking in this Unobstructed Breathtaking view. The Park is Your Backyard. Use the Gym for your Exercise, Walk, Run or Bike Ride the Humber Trail to Lake Ontario. Other Amenities incl: Gym, Indoor & Outdoor pools, Hot tub, 4 Tennis Courts, Bbq Area, Squash court,Games Room, Party Room and Visitors Parking. Easy Access to Finch LRT, One Bus Goes to Kipling Subway, York University ,Guelph-Humber University, Humber College, Pearson International, Hwys 407, 400, 401, 427, 27 & All Major Shopping Malls, Cable and High Speed Internet also include in Maintenance Fee. Hiking & Biking Trail, Maintenance Include all Utilities plus Cable and High Speed Internet And Much More...

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13512654
Bedrooms
2
Bathrooms
2
Size
1200-1399
Cross streets
Steeles/Kipling
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Roof
Flat
Maintenance
$1,007/mo
Exposure
North East
Property tax
$1,428 / 2025
Days on market
21
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

Living RoomMain7.75 × 3.98 m

hardwood floor · combined w/dining · open concept

Bedroom 2Main3.15 × 2.79 m

Large Closet

FoyerMain1.77 × 1.19 m

Ceramic Floor

SolariumMain3.06 × 2.34 m

ceramic floor · overlooks ravine

KitchenMain2.98 × 2.38 m

ceramic floor · modern kitchen · b/i dishwasher

Primary BedroomMain6.03 × 3.33 m

hardwood floor · 4 pc ensuite · balcony

Dining RoomMain7.75 × 3.98 m

hardwood floor · combined w/living · open concept

LaundryMain1.79 × 1.19 m

Tile Floor

Our TakeTeam Asgarian · Broker
Below comparables
$543Kest. value

Listed at $499,901, and my independent estimate is about 8% below comparable homes, worth a close look.

In Mount Olive-Silverstone-Jamestown lately, sellers get about 95% of asking; homes sell in ~26 days · prices down 6% YoY.

List price
$500KGreat deal$575KOverpriced

Total price vs nearby homes. Fair value about $543K, median of 10 comparables.

How this estimate is builtthe short version

I take the 10 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 $492K, a close match.

What the listing highlights1 point to weigh

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

  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. 2677 Kipling Avenue is about a 4-minute walk away.

Based on 10 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Mount Olive-Silverstone-Jamestown · asking prices
$540kavg asking

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

2309-3 Rowntree Road$500k717-5 Rowntree Road$550k611-1 Rowntree Road$550k502-1 Rowntree Road$559k

The 4 closest active listings nearby.

See all comparable homes
500kThis home500k550k550k559kThis home vs active comparables
Live market pulseActive comparables in Mount Olive-Silverstone-Jamestown · median list $499K
$385this home / sqft
22active listings nearby
21days on market
9sold nearby · 90 days
$477Kmedian sold price
95%of asking, on average
6%vs a year ago

This home lists 9% below the area average of $423/sqft.

On the market now.

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.

Getting around

49/ 100

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 OpenStreetMap contributors.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: 2677 Kipling Avenue, about 314 m away

20+ transit stops3 grocery20+ dining20+ parks8 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Willowdale East
$575K
Mount Pleasant West
$850K
Mimico
$502K
Bayview Village
$523K
Bay Street Corridor
$618K

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

Affordability & Mortgage

Affordability
$2,278/mo
$113KIncome needed
4.4×Price ÷ income
$526Weekly 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.

67%mortgage
Mortgage $2,278Property tax $119Condo fee $1,007Total carry $3,404

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,134per month

Mortgage amount $399,921 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,921Loan before insurance
$0CMHC premium
$3,260Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$119
Condo / maintenance fees
$1,007
Heating
$0
Estimated monthly cost
$3,260

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

One-time closing costs

Ontario land transfer tax
$6,473
Toronto municipal land transfer tax
$6,473
Estimated closing costs
$12,946

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,317Total interest paid
$640,238Total of all payments
Principal $399,921 Interest $240,317
YearPrincipalInterestBalance
1$9,369$16,241$390,552
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,028
5$11,037$14,572$348,991
6$11,499$14,110$337,492
7$11,980$13,629$325,512
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,480
11$14,114$11,496$272,366
12$14,704$10,905$257,662
13$15,319$10,290$242,343
14$15,960$9,649$226,383
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,582
19$19,589$6,020$135,993
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,171
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,048
Principal paid down
$50,930
Interest paid
$77,118
Balance remaining
$348,991

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
5.9%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.

9.8%
Gross yield
− Property tax $1,428− Condo fees $12,084− Insurance $600− Vacancy & upkeep $5,412Net operating income $29,676

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

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