407-3 Rowntree Road, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13726762

$487,000
For Sale
Listed 49 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to Platinum on the Humber.
  • Offering nearly 1,200 sq. ft. of well-designed living space, this freshly painted suite features a sun-filled solarium spanning across the main living area and a...
  • Set on a quiet, tree-lined cul-de-sac with 24-hour gatehouse security, residents enjoy exceptional amenities including indoor/outdoor pools, sauna, hot tub, tennis &...
  • Conveniently located close to transit, parks, schools, hospitals, shopping, and major highways.

Welcome to Platinum on the Humber. Offering nearly 1,200 sq. ft. of well-designed living space, this freshly painted suite features a sun-filled solarium spanning across the main living area and a spacious living and dining area perfect for comfortable entertaining or growing families.Enjoy an upgraded kitchen and updated bathrooms, a generous primary bedroom with private balcony, double closets, and ensuite bath, plus a bright and spacious second bedroom.Set on a quiet, tree-lined cul-de-sac with 24-hour gatehouse security, residents enjoy exceptional amenities including indoor/outdoor pools, sauna, hot tub, tennis & squash courts, library, party room, and more. Conveniently located close to transit, parks, schools, hospitals, shopping, and major highways.Maintenance fees include all building amenities, parking, heat, hydro, and water.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13726762
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Kipling/Steeles
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$933/mo
Exposure
East
Property tax
$1,486 / 2026
Days on market
49
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomFlat7.56 × 3.35 m

laminate · combined w/dining · overlooks ravine

SolariumFlat5.39 × 2.50 m

ceramic floor · window floor to ceiling · overlooks ravine

Primary BedroomFlat5.06 × 3.32 m

laminate · w/o to balcony · 4 pc ensuite

Bedroom 2Flat3.39 × 2.99 m

laminate · double closet · overlooks ravine

LaundryFlat2.47 × 1.07 m

Laminate

KitchenFlat2.71 × 2.16 m

ceramic floor · quartz counter · custom backsplash

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
$477kavg 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 $434/sqft; this home lists at $443/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
487kThis home489k499k500k450k449kThis 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 · 0.3 km awayBelow the GTA average · 49% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Andrew Catholic School · Catholic elementary0.6 km · 56% at standard
Venerable John Merlini Catholic School · Catholic elementary0.7 km · 82% at standard
Highfield Junior School · Public elementary0.8 km · 58% at standard
Beaumonde Heights Junior Middle School · Public elementary1.0 km · 70% at standard
Smithfield Middle School · Public elementary1.1 km · 72% at standard
John D Parker Junior School · Public elementary1.2 km · 72% at standard
St Roch Catholic School · Catholic elementary1.3 km · 65% at standard
Claireville Junior School · Public elementary1.4 km · 53% at standard
Humber Summit Middle School · Public elementary1.4 km · 59% at standard
Gracedale Public School · Public elementary1.6 km · 53% at standard
Elmbank Junior Middle Academy · Public elementary1.7 km · 48% at standard
Greenholme Junior Middle School · Public elementary1.7 km · 72% at standard

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

Affordability & Mortgage

Affordability
$2,220/mo
$109KIncome needed
4.5×Price ÷ income
$512Weekly cost
$12,430Land 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.

68%mortgage
Mortgage $2,220Property tax $124Condo fee $933Total carry $3,276

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)
$2,154per month

Mortgage amount $389,600 · 4.49% over 25 years

$97,400Down payment (20.0%)
$389,600Loan before insurance
$0CMHC premium
$3,211Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,154
Property tax
$124
Condo / maintenance fees
$933
Heating
$0
Estimated monthly cost
$3,211

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

One-time closing costs

Ontario land transfer tax
$6,215
Toronto municipal land transfer tax
$6,215
Estimated closing costs
$12,430

Plus your down payment of $97,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,607/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

$256,650Total interest paid
$646,250Total of all payments
Principal $389,600 Interest $256,650
YearPrincipalInterestBalance
1$8,694$17,156$380,906
2$9,089$16,761$371,817
3$9,502$16,348$362,315
4$9,933$15,917$352,382
5$10,384$15,466$341,998
6$10,856$14,994$331,143
7$11,348$14,502$319,794
8$11,864$13,986$307,930
9$12,402$13,448$295,528
10$12,965$12,885$282,563
11$13,554$12,296$269,009
12$14,170$11,680$254,839
13$14,813$11,037$240,026
14$15,485$10,365$224,541
15$16,189$9,661$208,352
16$16,924$8,926$191,428
17$17,692$8,158$173,736
18$18,495$7,355$155,241
19$19,335$6,515$135,906
20$20,213$5,637$115,693
21$21,131$4,719$94,562
22$22,090$3,760$72,472
23$23,093$2,757$49,379
24$24,142$1,708$25,238
25$25,238$612$0

At the end of your 5-year term

Total paid over the term
$129,250
Principal paid down
$47,602
Interest paid
$81,648
Balance remaining
$341,998

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
4.7%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.

8.4%
Gross yield
− Property tax $1,486− Condo fees $11,190− Insurance $600− Vacancy & upkeep $4,488Net operating income $23,036

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

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