914-1 Rowntree Road, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13588566

$529,900
For Sale
Listed 90 days agoNo offer date statedSitting longer than typical
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • First-Time Home Buyers & Investors - Don't Miss This Opportunity.
  • Beautifully fully renovated 2-bedroom, 2-full washroom unit featuring convenient ensuite laundry and a modern, move-in-ready interior.

First-Time Home Buyers & Investors - Don't Miss This Opportunity! Beautifully fully renovated 2-bedroom, 2-full washroom unit featuring convenient ensuite laundry and a modern, move-in-ready interior. Ideally located at the prime intersection of Kipling Avenue & Steeles Avenue, with easy access to TTC routes, including direct bus service to Kipling Subway Station, Pioneer Village Station, and nearby transit. Just minutes from Albion Mall, grocery stores, popular restaurants, Humber College, schools, parks, and all essential amenities. An excellent location with strong future growth potential, enhanced by the upcoming Finch West LRT, making this an outstanding choice for both homeowners and savvy investors.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13588566
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Kipling Ave/Steeles Ave W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$1,064/mo
Exposure
East
Property tax
$1,404 / 2026
Days on market
90
Listing brokerage
ACHIEVERS REALTY

Rooms

KitchenFlat3.27 × 2.40 m

Ceramic Floor

Primary BedroomFlat4.79 × 2.40 m

4 pc ensuite · his and hers closets · w/o to balcony

SolariumFlat6.42 × 2.59 m

combined w/living · overlooks frontyard

Bedroom 2Flat4.20 × 2.90 m

Mirrored Closet

Living RoomFlat6.78 × 3.29 m

combined w/solarium · laminate

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
$505kavg 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 $459/sqft; this home lists at $482/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
530kThis home550k500k499k489k487kThis 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
$526K
Kensington-Chinatown
$585K
Niagara
$724K

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 · 0.1 km awayBelow the GTA average · 49% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Venerable John Merlini Catholic School · Catholic elementary0.7 km · 82% at standard
St Andrew Catholic School · Catholic elementary0.7 km · 56% at standard
Highfield Junior School · Public elementary0.8 km · 58% at standard
Smithfield Middle School · Public elementary1.0 km · 72% at standard
John D Parker Junior School · Public elementary1.1 km · 72% at standard
Beaumonde Heights Junior Middle School · Public elementary1.2 km · 70% at standard
Claireville Junior School · Public elementary1.3 km · 53% at standard
St Roch Catholic School · Catholic elementary1.4 km · 65% at standard
Humber Summit Middle School · Public elementary1.5 km · 59% at standard
Gracedale Public School · Public elementary1.7 km · 53% at standard
Elmbank Junior Middle Academy · Public elementary1.7 km · 48% at standard
Melody Village Junior School · Public elementary1.7 km · 64% at standard

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

Affordability & Mortgage

Affordability
$2,415/mo
$119KIncome needed
4.5×Price ÷ income
$557Weekly cost
$14,146Land 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.

67%mortgage
Mortgage $2,415Property tax $117Condo fee $1,064Total carry $3,596

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,344per month

Mortgage amount $423,920 · 4.49% over 25 years

$105,980Down payment (20.0%)
$423,920Loan before insurance
$0CMHC premium
$3,525Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$117
Condo / maintenance fees
$1,064
Heating
$0
Estimated monthly cost
$3,525

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

One-time closing costs

Ontario land transfer tax
$7,073
Toronto municipal land transfer tax
$7,073
Estimated closing costs
$14,146

Plus your down payment of $105,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,837/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

$279,258Total interest paid
$703,178Total of all payments
Principal $423,920 Interest $279,258
YearPrincipalInterestBalance
1$9,460$18,667$414,460
2$9,890$18,238$404,570
3$10,339$17,788$394,232
4$10,808$17,319$383,424
5$11,299$16,828$372,125
6$11,812$16,315$360,313
7$12,348$15,779$347,965
8$12,909$15,218$335,056
9$13,495$14,632$321,561
10$14,108$14,020$307,454
11$14,748$13,379$292,706
12$15,418$12,709$277,288
13$16,118$12,009$261,170
14$16,850$11,278$244,320
15$17,615$10,512$226,706
16$18,414$9,713$208,291
17$19,250$8,877$189,041
18$20,125$8,003$168,916
19$21,038$7,089$147,878
20$21,993$6,134$125,885
21$22,992$5,135$102,893
22$24,036$4,091$78,857
23$25,127$3,000$53,729
24$26,268$1,859$27,461
25$27,461$666$0

At the end of your 5-year term

Total paid over the term
$140,636
Principal paid down
$51,795
Interest paid
$88,840
Balance remaining
$372,125

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
4.1%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.

7.7%
Gross yield
− Property tax $1,404− Condo fees $12,771− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,537

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

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