717-5 Rowntree Road, Toronto, ON

Mount Olive-Silverstone-Jamestown, Toronto · MLS® W14095374

$498,900
For Sale
Just listed todayNo offer date stated
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2Bedrooms
2Bathrooms
2Parking
1000-1199Sq ft

About this home

In short

  • One Of The Largest End Units (1,287 Sq.
  • This 2 Bedroom Is Bright And Spacious With Wall-To-Wall Windows, Including A Modern Kitchen With Granite Countertops And Marble Floors.
  • Don't Forget, This Unit Offers 2 Side-By-Side Parking Spots.
  • The Building Features 24-Hour Gated Security With Guard- Controlled Entry, Ensuring A Safe And Secure Environment At All Times.

One Of The Largest End Units (1,287 Sq.Ft) In The Highly Sought- After "Platinum On The Humber"! This 2 Bedroom Is Bright And Spacious With Wall-To-Wall Windows, Including A Modern Kitchen With Granite Countertops And Marble Floors. Enjoy The Indoor And Outdoor Amenities This Condo Offers, Including Outdoor And Indoor Pools, Tennis And Squash Courts, Hot Tub, Gym, Party And Games Room. Don't Forget, This Unit Offers 2 Side-By-Side Parking Spots! Living Here Also Offers Exceptional Convenience And Peace Of Mind. The Building Features 24-Hour Gated Security With Guard- Controlled Entry, Ensuring A Safe And Secure Environment At All Times. If You Like To Walk, Cycle, Or Jog, This Condo Is For You. Easy Access To The Humber River Trail, Which Eventually Connects You To The Trails Off Lake Ontario. Easy Access To Transit (Including Finch-West LRT), Major Highway, Shopping, Schools, Universities, Colleges, And Many Other Amenities. Do Not Miss This Rare Opportunity To Own A Spacious, Worry-Free Home In A Wonderful Gated Community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W14095374
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Kipling & Finch
Parking
2 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$1,129/mo
Exposure
North West
Property tax
$1,667 / 2026
Listing brokerage
ROYAL LEPAGE MAXIMUM REALTY

Rooms

FoyerFlat4.58 × 1.45 m

mirrored closet · marble floor

Bedroom 2Flat3.94 × 3.30 m

mirrored closet · laminate

Dining RoomFlat5.65 × 3.09 m

window floor to ceiling · laminate

KitchenFlat5.65 × 2.40 m

marble floor · combined w/br

Primary BedroomFlat4.90 × 3.26 m

laminate · his and hers closets · 4 pc ensuite

Living RoomFlat5.64 × 3.28 m

laminate · window floor to ceiling

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
$491kavg 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 $447/sqft; this home lists at $454/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
499kThis home500k489k487k530k450kThis 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 · 0.4 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
$2,274/mo
$115KIncome needed
4.3×Price ÷ income
$525Weekly cost
$12,906Land 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 $2,274Property tax $139Condo fee $1,129Total carry $3,542

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)
$2,207per month

Mortgage amount $399,120 · 4.49% over 25 years

$99,780Down payment (20.0%)
$399,120Loan before insurance
$0CMHC premium
$3,475Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,207
Property tax
$139
Condo / maintenance fees
$1,129
Heating
$0
Estimated monthly cost
$3,475

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

One-time closing costs

Ontario land transfer tax
$6,453
Toronto municipal land transfer tax
$6,453
Estimated closing costs
$12,906

Plus your down payment of $99,780. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,671/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

$262,921Total interest paid
$662,041Total of all payments
Principal $399,120 Interest $262,921
YearPrincipalInterestBalance
1$8,907$17,575$390,213
2$9,311$17,171$380,902
3$9,734$16,748$371,168
4$10,176$16,306$360,993
5$10,638$15,844$350,355
6$11,121$15,361$339,234
7$11,626$14,856$327,608
8$12,154$14,328$315,455
9$12,705$13,776$302,749
10$13,282$13,199$289,467
11$13,885$12,596$275,582
12$14,516$11,966$261,066
13$15,175$11,307$245,891
14$15,864$10,618$230,027
15$16,584$9,897$213,443
16$17,337$9,145$196,106
17$18,124$8,357$177,982
18$18,947$7,534$159,035
19$19,808$6,674$139,227
20$20,707$5,775$118,520
21$21,647$4,835$96,873
22$22,630$3,852$74,243
23$23,657$2,824$50,586
24$24,732$1,750$25,854
25$25,854$627$0

At the end of your 5-year term

Total paid over the term
$132,408
Principal paid down
$48,765
Interest paid
$83,643
Balance remaining
$350,355

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
4.1%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.

8.2%
Gross yield
− Property tax $1,667− Condo fees $13,551− Insurance $600− Vacancy & upkeep $4,488Net operating income $20,494

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

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