211-1 Rowntree Road, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W14033504

$520,000
For Sale
Listed 6 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1200-1399Sq ft

About this home

In short

  • Great living with an affordable price tag?.
  • With 1287 sqft of living surface, open concept living/dining/office, offers the flexibility to have the whole family in one big open space.
  • Besides the Upgraded kitchen and bathrooms, this condo also comes with breathtaking views of the ravine, Humber river,playground and a green lush wooded landscape.
  • Equipped with a well maintain outdoor pool, 4 Tennis Courts and a kids playground.
  • It doesn't stop there, Stay active indoor during the cold seasons in the Indoor Pool, Squash Court, Games Room, Party Room, gym And relax in hot tub, sauna after a...

Great living with an affordable price tag?! Look no more!!! This Beautifully 2 bed+2 full baths won't disappoint. With 1287 sqft of living surface, open concept living/dining/office, offers the flexibility to have the whole family in one big open space. Besides the Upgraded kitchen and bathrooms, this condo also comes with breathtaking views of the ravine, Humber river,playground and a green lush wooded landscape. Take Your Morning Coffee From Your Kitchen,Dining Room Or Balcony. With a 24h gated security complex, enjoy all outdoors amenities with ease. Equipped with a well maintain outdoor pool, 4 Tennis Courts and a kids playground. It doesn't stop there, Stay active indoor during the cold seasons in the Indoor Pool, Squash Court, Games Room, Party Room, gym And relax in hot tub, sauna after a good work out! If you prefer Walking, Jogging, Running Or Biking, stroll down The Humber Trail To Lake Ontario. Easy Access to Finch LRT, York U, Guelph-Humber U, Humber College, Pearson Intl, Hwys 407, 400, 401,427, 27 & All Major Shopping. Make this Condo Your Home!!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14033504
Bedrooms
2
Bathrooms
2
Size
1200-1399 sq ft
Cross streets
Steeles/Kipling
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,065/mo
Exposure
South East
Property tax
$1,619 / 2026
Days on market
6
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Dining RoomFlat5.51 × 3.23 m
KitchenFlat2.44 × 2.79 m
DenFlat1.76 × 1.08 m
Bedroom 2Flat3.25 × 6.67 m
BedroomFlat3.98 × 6.16 m
Living RoomFlat3.42 × 7.41 m
LaundryFlat2.07 × 1.55 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$503Klikely sale price

Listed at $520,000. 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 $503K, if it sells. A realistic range is $473K to $544K.

Independent value check: $464K. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $432K and $488K).

Why $464K. 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 itIt is 1,200 to 1,399 sq ft; the typical home sold here is 1,000 to 1,199.
List price
$473KBelow recent closings$544KAbove recent closings

Total price vs nearby homes. Likely closing about $503K, 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
6days on market so far
$2,799/moest. rent · 5 leases
6.5%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 12.8 months of inventory: 34 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 $400/sqft against an area asking average of $423/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
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 $507K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

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

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($400/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

Sold price trend

Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,805 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$540K886

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.

Yorkdale-Glen Park
$631K
Mount Pleasant West
$639K
Mimico
$546K
Bay Street Corridor
$479K
Church-Yonge Corridor
$613K

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
$2,370/mo
$118KIncome needed
4.4×Price ÷ income
$547Weekly cost
$13,750Land 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.

66%mortgage
Mortgage $2,370Property tax $135Condo fee $1,065Total carry $3,570

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)
$2,300per month

Mortgage amount $416,000 · 4.49% over 25 years

$104,000Down payment (20.0%)
$416,000Loan before insurance
$0CMHC premium
$3,500Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,300
Property tax
$135
Condo / maintenance fees
$1,065
Heating
$0
Estimated monthly cost
$3,500

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

One-time closing costs

Ontario land transfer tax
$6,875
Toronto municipal land transfer tax
$6,875
Estimated closing costs
$13,750

Plus your down payment of $104,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,784/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

$274,041Total interest paid
$690,041Total of all payments
Principal $416,000 Interest $274,041
YearPrincipalInterestBalance
1$9,283$18,318$406,717
2$9,705$17,897$397,012
3$10,145$17,456$386,866
4$10,606$16,995$376,260
5$11,088$16,514$365,172
6$11,591$16,011$353,581
7$12,117$15,484$341,464
8$12,668$14,934$328,796
9$13,243$14,359$315,554
10$13,844$13,758$301,710
11$14,473$13,129$287,237
12$15,130$12,472$272,107
13$15,817$11,785$256,291
14$16,535$11,067$239,756
15$17,286$10,316$222,470
16$18,070$9,531$204,400
17$18,891$8,711$185,509
18$19,749$7,853$165,761
19$20,645$6,956$145,115
20$21,583$6,019$123,533
21$22,563$5,039$100,970
22$23,587$4,015$77,383
23$24,658$2,944$52,725
24$25,777$1,824$26,948
25$26,948$654$0

At the end of your 5-year term

Total paid over the term
$138,008
Principal paid down
$50,828
Interest paid
$87,181
Balance remaining
$365,172

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$2,799/mo
$33,588Gross annual rent
2.9%Cap rate after taxes and upkeep
$2,463 to $3,134Typical 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 $2,799. 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.

6.5%
Gross yield
− Property tax $1,619− Condo fees $12,780− Insurance $600− Vacancy & upkeep $3,695Net operating income $14,894

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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