1015-5 Rowntree Road, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13871280

$595,000
For Sale
Listed 12 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Welcome to Suite 1015 at 5 Rowntree Road.
  • This beautifully renovated corner suite is one of the larger units in the building, offering an impressive open-concept layout with generous living space and high-end...
  • Thoughtful upgrades continue throughout the suite, including beautifully renovated bathrooms, upgraded interior doors, new window shutters and stylish new light fixtures.

Welcome to Suite 1015 at 5 Rowntree Road! This beautifully renovated corner suite is one of the larger units in the building, offering an impressive open-concept layout with generous living space and high-end upgrades throughout. The stunning upgraded kitchen features quality stainless steel appliances, modern cabinetry and finishes, and flows seamlessly into the spacious living and dining areas-perfect for everyday living and entertaining. The living room is highlighted by a striking ceramic feature wall designed for a built-in TV and fireplace, creating a sleek and sophisticated focal point. Thoughtful upgrades continue throughout the suite, including beautifully renovated bathrooms, upgraded interior doors, new window shutters and stylish new light fixtures. With its desirable corner location, spacious layout and move-in-ready finishes, this home truly stands out. Includes both parking and a locker for added convenience. Enjoy the ease of an all-inclusive building where utilities are included in the maintenance fees. An exceptional opportunity for buyers looking for space, style and value!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13871280
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Kipling & Finch Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,071/mo
Exposure
North East
Property tax
$1,565 / 2026
Days on market
12
Listing brokerage
ROYAL LEPAGE SUPREME REALTY

Rooms

KitchenFlat3.25 × 2.40 m
LaundryFlat1.20 × 1.10 m
Living RoomFlat6.33 × 5.65 m

Combined w/Dining

Dining RoomFlat6.33 × 5.65 m

Combined w/Living

Bedroom 2Flat4.30 × 3.24 m
Primary BedroomFlat4.96 × 3.22 m
FoyerFlat3.70 × 1.42 m
SolariumFlat5.94 × 2.37 m
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.

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
Bayview Village
$543K
Annex
$1.03M
Little Portugal
$549K
Niagara
$727K

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
Also nearby: 12 more schools within 2.5 km
St Andrew Catholic School · Catholic elementary0.5 km · 56% at standard
Highfield Junior School · Public elementary0.8 km · 58% at standard
Venerable John Merlini Catholic School · Catholic elementary0.8 km · 82% at standard
Beaumonde Heights Junior Middle School · Public elementary0.9 km · 70% at standard
Smithfield Middle School · Public elementary1.2 km · 72% at standard
St Roch Catholic School · Catholic elementary1.3 km · 65% at standard
Humber Summit Middle School · Public elementary1.3 km · 59% at standard
John D Parker Junior School · Public elementary1.3 km · 72% at standard
Claireville Junior School · Public elementary1.5 km · 53% at standard
Gracedale Public School · Public elementary1.6 km · 53% at standard
Greenholme Junior Middle School · Public elementary1.6 km · 72% at standard
Elmbank Junior Middle Academy · Public elementary1.6 km · 48% at standard

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

Affordability & Mortgage

Affordability
$2,712/mo
$130KIncome needed
4.6×Price ÷ income
$626Weekly cost
$16,750Land 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.

69%mortgage
Mortgage $2,712Property tax $130Condo fee $1,071Total carry $3,913

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,632per month

Mortgage amount $476,000 · 4.49% over 25 years

$119,000Down payment (20.0%)
$476,000Loan before insurance
$0CMHC premium
$3,833Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,632
Property tax
$130
Condo / maintenance fees
$1,071
Heating
$0
Estimated monthly cost
$3,833

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

One-time closing costs

Ontario land transfer tax
$8,375
Toronto municipal land transfer tax
$8,375
Estimated closing costs
$16,750

Plus your down payment of $119,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,185/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

$313,566Total interest paid
$789,566Total of all payments
Principal $476,000 Interest $313,566
YearPrincipalInterestBalance
1$10,622$20,960$465,378
2$11,105$20,478$454,273
3$11,609$19,974$442,664
4$12,136$19,447$430,528
5$12,687$18,896$417,842
6$13,263$18,320$404,579
7$13,865$17,718$390,714
8$14,495$17,088$376,219
9$15,153$16,430$361,066
10$15,841$15,742$345,225
11$16,560$15,023$328,665
12$17,312$14,271$311,354
13$18,098$13,485$293,256
14$18,920$12,663$274,336
15$19,779$11,804$254,557
16$20,677$10,906$233,881
17$21,615$9,967$212,265
18$22,597$8,986$189,668
19$23,623$7,960$166,045
20$24,695$6,887$141,350
21$25,817$5,766$115,533
22$26,989$4,594$88,544
23$28,214$3,368$60,330
24$29,495$2,087$30,835
25$30,835$748$0

At the end of your 5-year term

Total paid over the term
$157,913
Principal paid down
$58,158
Interest paid
$99,755
Balance remaining
$417,842

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
4.8%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.

8.3%
Gross yield
− Property tax $1,565− Condo fees $12,852− Insurance $600− Vacancy & upkeep $5,412Net operating income $28,771

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

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