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MLS® W13884576For SaleCondominium

1607-1 Rowntree Rd

Mount Olive-Silverstone-Jamestown, Toronto, Ontario M9V 5G7

Map
1 / 33
1607-1 Rowntree Rd, Toronto, photo 1
Asking$510,000
Bedrooms
2
Bathrooms
2
Size
1,200–1,399sq ft
Per sq ft
$392at the range’s middle
Tax a year
$1,5252025 tax year
Parking
22 underground
Days on market
Members

The brief

About 1607-1 Rowntree Rd

1607-1 Rowntree Rd is a 2-bedroom, 2-bathroom condo in Mount Olive-Silverstone-Jamestown, Toronto, listed for sale at an asking price of $510,000 (MLS® W13884576).

Beautifully Upgraded modern 2 Bedroom 2 Full Bath 2 Parking Condo Unit W/Gorgeous Ravine, River View, Solarium, Ensuite Laundry. Primary bedroom W/Ensuite, W/O To Balcony. Open Concept Liv/Din Room, Family Sized Kitchen W/O To Solarium. Great location with easy access to TTC routes, including direct bus service to Kipling Subway Station, Pioneer Village Station, and nearby transit. Just minutes from Albion Mall, grocery stores, popular restaurants, Humber College, schools, parks, and all essential amenities. Amenities: Security, Indoor Pool, Gym, Library, Tennis Court, Sauna, Game Rm

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$896/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 8 condos with 2 bedrooms for lease in Mount Olive-Silverstone-Jamestown right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$1,525 / 2025
MLS® number
W13884576
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1200-1399 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: HOMELIFE MAPLE LEAF REALTY LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Mount Olive-Silverstone-Jamestown
Municipality
Toronto

Building

Size
1200-1399 sqft
Construction
Concrete

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 4pc Flat, 1 × 4pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Condo maint.
$1,117

Rooms

RoomSizeFeaturesLevel
Living3.54 × 7.13 mCombined W/DiningGround
Dining3.54 × 7.13 mCombined W/LivingGround
Kitchen2.16 × 2.65 mCeramic FloorGround
Solarium3.3 × 5.36 mCeramic Floor, O/Looks RavineGround
Primary3.5 × 5.49 mW/O To Balcony, Ensuite BathGround
2nd Br3.32 × 3.54 mWindow, ClosetGround
Laundry1.11 × 1.61 m—Ground

Listing history

Buy/sell history for 1607-1 Rowntree Rd, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$510,000N/AFor SaleW13884576

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $102,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$102,000
Total mortgage amount
$408,000
Total interest payment
$290,100
Total purchase cost
$800,100
Mortgage payment
$2,327/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

51%

Monthly carrying cost

$3,571
−$896per month
  • Rent $2,675
  • Shortfall $896

Rental income opens at $2,675, the median asking rent of 8 comparable homes for lease in Mount Olive-Silverstone-Jamestown. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$6,675
Toronto municipal land transfer tax
$6,675
Total land transfer tax
$13,350
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$4,875
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $510,000
$2,200
Ontario total
$6,675

Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,675.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • In the mapped Ravine and Natural Feature Protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

RAC (f24.0; au67.0; d2.3) (x98)

By-law

569-2013

Municipality

Toronto
Residential Apartment Commercial zone (RAC)
  1. 1 f24.0

    Frontage: at least 24.0 m.

  2. 2 au67.0

    Lot area: at least u67.0 m² per dwelling unit.

  3. 3 d2.3

    Density: floor area is capped at 2.3 times the lot area.

  4. 4 x98

    Site-specific exception 98: this site has rules of its own, written in the by-law.

  5. 5 Where this is written

    Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(98)

  6. 6 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

4 building permits cleared at this address in the City’s file.

  • Electromagnetic LocksInspection

    Proposal to install 4 magnetic locking devices on the P1 and P2 upper and lower basements and connect to 2 existing magnetic locks.

    Issued May 6, 2020

  • Garage Repair/ReconstructionPermit Issued

    Permit for localized garage repairs in underground parking garage of existing Condominium building.

    Issued May 5, 2015

  • Backflow Prevention Devices (Water only)Closed

    To inastall 2 Backflow Prevention Devices (Water only).

    Issued February 11, 2015

  • Garage Repair/ReconstructionInspection

    Underground Parking Garage repairs to existing Condominium Apartment Building.

    Issued August 23, 2011

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Signals around this home

Changing nearby

Changing nearby. 2 open development applications within 800 m of this home.

  • 2630 KIPLING AVEOfficial plan or zoning amendmentUnder Review

    Resubmitted Official Plan and Zoning By-law Amendment applications that propose to demolish the existing building on site and permit a 9-storey (30.3m) mixed-use building. The proposal includes a total gross-floor-area (GFA) of 10,225 sq/m, which includes 540 sq/m of commercial GFA at grade, and an FSI of 2.1. This includes 107 residential units, 36 vehicle parking spaces, and one internalized "Type-G" loading space. The application also includes the dedication of 2,158 sq/m of natural area along the southern edge of the site.


    260 m away

  • 12 HILLSIDE RDOfficial plan or zoning amendmentAppeal Received

    Proposed construction of a 2-storey single detached dwelling with an attached garage. The proposed building (with garage) will provide an approximate GFA of 445.44m2. The garage area is proposing to be constructed within the easement area to improve access to the subject property as well as improve residential safety as a result of the roadway abruptly ending.


    740 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Condos for sale in Mount Olive-Silverstone-Jamestown right now

For sale now
37
Median asking price
$487K

Middle half: $430K to $530K

New in 7 days
1

10 in 28 days

Price cuts
19%

7 listings

This home is asking 5% above the median.

See all homes in Mount Olive-Silverstone-Jamestown

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Mount Olive StationTTC light rail: Line 6 Finch West900 m
Stevenson StationTTC light rail: Line 6 Finch West1 km
Albion StationTTC light rail: Line 6 Finch West1.2 km
Rowntree Mills StationTTC light rail: Line 6 Finch West1.3 km
Humber College StationTTC light rail: Line 6 Finch WestBrampton Transit bus rapid transit: Züm Steeles2.8 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; Brampton Transit schedule data (GTFS) from the City of Brampton under the Creative Commons Attribution 4.0 licence (CC BY 4.0), downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Brampton Transit data © City of Brampton; Valery selected the Züm stations from it and grouped their stops.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
North Kipling Junior Middle SchoolToronto DSBPublic · grades JK–8100 m54%Grade 6 average
Venerable John Merlini Catholic SchoolToronto CDSBCatholic · grades JK–8650 m92%Grade 6 average
St Andrew Catholic SchoolToronto CDSBCatholic · grades JK–8750 m61%Grade 6 average
École élémentaire Félix-LeclercConseil scolaire ViamondeFrench-language public · grades JK–67.1 km94%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
North Albion Collegiate InstituteToronto DSBPublic · grades 9–12500 m29%Grade 9 math
Father Henry Carr Catholic Secondary SchoolToronto CDSBCatholic · grades 9–121.8 km51%Grade 9 math
West Humber Collegiate InstituteToronto DSBPublic · grades 9–122.3 km42%Grade 9 math
ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–125.6 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Mount Olive-Silverstone-Jamestown are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson