1010-5 Rowntree Road, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W13884956

$475,000
For Sale
Listed 9 days agoNo offer date stated
Request a showing
◎ Directions
2+1Bedrooms
2Bathrooms
2Parking
1000-1199Sq ft

About this home

In short

  • BRIGHT AND SPACIOUS 2 BEDROOM+DEN WITH 2 4PC BATHROOMS WITH VINYL PLANK FLOORING AND FRESH PAINT.
  • THIS MOVE-IN-READY HOME FEATURES AN OPEN-CONCEPT LIVING/DINING AREA WITH STEP-OUTS ONTO 2 PRIVATE BALCONIES (WALK-OUT FROM SOLARIUM AND MASTER BEDROOM).
  • THIS CONDO UNIT HAS 2 CAR PARKING SPOTS AND A LOCKER.
  • THE SUITE ALSO INCLUDES A LARGE WALK-IN LAUNDRY ROOM FOR ADDED CONVENIENCE.THE $1076 MONTHLY FEE COVERS ALL UTILITIES: HEAT, HYDRO, WATER, AIR CONDITIONING, PLUS...
  • CONVENIENTLY LOCATED NEAR TTC, LRT, SHOPS, SCHOOLS, AND THE LIBRARY, PLUS IN CLOSE PROXIMITY TO YORK UNIVERSITY, HUMBER COLLEGE, PERASON INTERNATIONAL AIRPORT, AND...

BRIGHT AND SPACIOUS 2 BEDROOM+DEN WITH 2 4PC BATHROOMS WITH VINYL PLANK FLOORING AND FRESH PAINT. THIS MOVE-IN-READY HOME FEATURES AN OPEN-CONCEPT LIVING/DINING AREA WITH STEP-OUTS ONTO 2 PRIVATE BALCONIES (WALK-OUT FROM SOLARIUM AND MASTER BEDROOM). ENJOY THE BEAUTIFUL VIEW OF THE LUSH TREES TO RELAX OR ENTERTAIN. THIS CONDO UNIT HAS 2 CAR PARKING SPOTS AND A LOCKER. THE SUITE ALSO INCLUDES A LARGE WALK-IN LAUNDRY ROOM FOR ADDED CONVENIENCE.THE $1076 MONTHLY FEE COVERS ALL UTILITIES: HEAT, HYDRO, WATER, AIR CONDITIONING, PLUS CABLE AND HIGH-SPEED INTERNET. ENJOY FANTASTIC AMENITIES: THIS CONDO OFFERS INDOOR/OUTDOORPOOLS, GYM, SAUNA, TENNIS/SQUASH COURTS, GAMES AND PARTY ROOMS, BBQ AREA, PLAYGROUND, AND GATED SECURITY. CONVENIENTLY LOCATED NEAR TTC, LRT, SHOPS, SCHOOLS, AND THE LIBRARY, PLUS IN CLOSE PROXIMITY TO YORK UNIVERSITY, HUMBER COLLEGE, PERASON INTERNATIONAL AIRPORT, AND HIGHWAY407.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13884956
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Kipling/Steels
Parking
2 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$1,077/mo
Exposure
South East
Property tax
$1,486 / 2026
Days on market
9
Listing brokerage
ROYAL LEPAGE IGNITE REALTY
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
$560kavg 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 $490/sqft; this home lists at $432/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
475kThis home529k566k545k600kThis 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
$649K
Willowdale East
$761K
Mount Pleasant West
$679K
Bayview Village
$539K
Niagara
$631K

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
$2,165/mo
$110KIncome needed
4.3×Price ÷ income
$500Weekly cost
$11,950Land 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.

64%mortgage
Mortgage $2,165Property tax $124Condo fee $1,077Total carry $3,366

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)
$2,101per month

Mortgage amount $380,000 · 4.49% over 25 years

$95,000Down payment (20.0%)
$380,000Loan before insurance
$0CMHC premium
$3,302Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,101
Property tax
$124
Condo / maintenance fees
$1,077
Heating
$0
Estimated monthly cost
$3,302

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

One-time closing costs

Ontario land transfer tax
$5,975
Toronto municipal land transfer tax
$5,975
Estimated closing costs
$11,950

Plus your down payment of $95,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,543/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

$250,326Total interest paid
$630,326Total of all payments
Principal $380,000 Interest $250,326
YearPrincipalInterestBalance
1$8,480$16,733$371,520
2$8,865$16,348$362,655
3$9,268$15,946$353,387
4$9,688$15,525$343,699
5$10,128$15,085$333,571
6$10,588$14,625$322,983
7$11,069$14,144$311,914
8$11,571$13,642$300,343
9$12,097$13,116$288,246
10$12,646$12,567$275,600
11$13,220$11,993$262,380
12$13,820$11,393$248,560
13$14,448$10,765$234,112
14$15,104$10,109$219,008
15$15,790$9,423$203,218
16$16,507$8,706$186,712
17$17,256$7,957$169,455
18$18,040$7,173$151,416
19$18,859$6,354$132,557
20$19,715$5,498$112,842
21$20,610$4,603$92,232
22$21,546$3,667$70,687
23$22,524$2,689$48,163
24$23,547$1,666$24,616
25$24,616$597$0

At the end of your 5-year term

Total paid over the term
$126,065
Principal paid down
$46,429
Interest paid
$79,636
Balance remaining
$333,571

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
4.5%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.

8.6%
Gross yield
− Property tax $1,486− Condo fees $12,922− Insurance $600− Vacancy & upkeep $4,488Net operating income $21,304

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

CallRequest a showing