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
A small discount is typical
$512Klikely sale price

Listed at $529,900. Going by how homes in Mount Olive-Silverstone-Jamestown and the wider GTA have actually closed against their asking prices (about 97%, 8 local closings in 90 days), the likely sale price is near $512K, if it sells. A realistic range is $482K to $554K.

Independent value check: $451K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $419K and $474K).

Why $451K. The typical condo sold in Mount Olive-Silverstone-Jamestown over the past year went for about $473K (40 sales). What sets this one apart:

  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightlyIts tax bill, which follows the city's own assessment, is $1,404 a year; the typical home sold here pays about $1,500.

Longer on the market than typical. 90 days on the market against about 39 for homes like it here, and asking 18% above where comparable closings put it.

List price
$482KBelow recent closings$554KAbove recent closings

Total price vs nearby homes. Likely closing about $512K, from 8 recent closings in this pocket.

The market behind the math:

8sold nearby · 90 days
$425Kmedian sold price
95%of asking, on average
−19%prices vs a year ago
~40 dayshomes like this take to sell
90days on market so far
$2,584/moest. rent · 5 leases
5.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 13.1 months of inventory: 35 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $482/sqft against an area asking average of $422/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $465K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
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.

Based on 8 homes sold in this building over the past two years, from 110 closings in Mount Olive-Silverstone-Jamestown.

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

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$589K1052
November 2025$569K834
December 2025$545K659
January 2026$565K593
February 2026$575K722
March 2026$565K974
April 2026$565K1042
May 2026$560K1011
June 2026$558K1120
July 2026$560K1030
August 2026$548K882
September 2026$540K885

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
From 5 whole-home leases in Mount Olive-Silverstone-Jamestown$2,584/mo
$31,008Gross annual rent
2.4%Cap rate after taxes and upkeep
$2,274 to $2,894Typical rent range
~21 daysTo find a tenant, on average

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

Talk about the numbers

The last 5 whole-home leases in Mount Olive-Silverstone-Jamestown signed at a median of $2,799 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,584. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.9%
Gross yield
− Property tax $1,404− Condo fees $12,771− Insurance $600− Vacancy & upkeep $3,411Net operating income $12,822

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

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