502-1 Rowntree Rd
Mount Olive-Silverstone-Jamestown, Toronto, Ontario M9V 5G7
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,200–1,399sq ft
- Per sq ft
- $423at the range’s middle
- Tax a year
- $1,5502026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 502-1 Rowntree Rd
502-1 Rowntree Rd is a 2-bedroom, 2-bathroom condo in Mount Olive-Silverstone-Jamestown, Toronto, listed for sale at an asking price of $549,900 (MLS® W13806054).
SPACE. NATURAL LIGHT. GREENERY. CONVENIENCE. Welcome to Unit 502 at 1 Rowntree Rd, a spacious corner suite with just under 1,300 sq. ft. of comfortable living space, featuring 2 bedrooms + den and 2 full bathrooms. Floor-to-ceiling windows extend around the suite, filling the space with natural light and offering beautiful views of the surrounding greenery and ravine. The home features laminate flooring throughout, stainless steel appliances, ensuite laundry, and generous storage space. Enjoy a wide range of building amenities, including indoor and outdoor pools, a gym, sauna, party/rec rooms, and more. The unit also includes underground parking and a locker. Situated in a prime Etobicoke location, the property is close to TTC, schools, shopping, major highways, Humber College, York University, and everyday conveniences. An excellent opportunity for first-time buyers, investors, or anyone looking for a combination of space, nature, and connectivity in one address. Professionally staged and truly worth a visit!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall31/100−$1,075/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
- $1,550 / 2026
- MLS® number
- W13806054
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
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 × 5pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $1,112
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.52 × 6.33 m | Combined W/Dining, Open Concept | Main |
| Foyer | 1.42 × 3.07 m | Closet, Ceramic Floor | Main |
| Kitchen | 2.41 × 3.45 m | B/I Dishwasher, Ceramic Floor | Main |
| Dining | 5.65 × 6.33 m | Combined W/Living, Laminate, Open Concept | Main |
| Primary | 3.22 × 4.96 m | His/Hers Closets, Laminate | Main |
| 2nd Br | 3.27 × 5.91 m | W/O To Balcony, Laminate | Main |
Listing history
Buy/sell history for 502-1 Rowntree Rd, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $549,900 | N/A | For Sale | W13806054 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $109,980
- Total mortgage amount
- $439,920
- Total interest payment
- $312,780
- Total purchase cost
- $862,680
- Mortgage payment
- $2,509/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
54%Monthly carrying cost
$3,750- Rent $2,675
- Shortfall $1,075
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
- $7,473
- Toronto municipal land transfer tax
- $7,473
- Total land transfer tax
- $14,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $6,471
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 $549,900
- $2,998
- Ontario total
- $7,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,473.
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
569-2013Municipality
Toronto1 f24.0
Frontage: at least 24.0 m.
2 au67.0
Lot area: at least u67.0 m² per dwelling unit.
3 d2.3
Density: floor area is capped at 2.3 times the lot area.
4 x98
Site-specific exception 98: this site has rules of its own, written in the by-law.
5 Where this is written
Chapter 15, section 15.20 of By-law 569-2013 · Exception 900.8.10(98)
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. 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 away12 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
- New in 7 days
- 1
- Price cuts
- 19%
Middle half: $430K to $530K
10 in 28 days
7 listings
This home is asking 13% above the median, higher than three quarters of them.
See all homes in Mount Olive-Silverstone-JamestownAsking 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
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mount Olive Station | TTC light rail: Line 6 Finch West | 900 m |
| Stevenson Station | TTC light rail: Line 6 Finch West | 1 km |
| Albion Station | TTC light rail: Line 6 Finch West | 1.2 km |
| Rowntree Mills Station | TTC light rail: Line 6 Finch West | 1.3 km |
| Humber College Station | TTC light rail: Line 6 Finch WestBrampton Transit bus rapid transit: Züm Steeles | 2.8 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| North Kipling Junior Middle SchoolToronto DSB | Public · grades JK–8 | 100 m | 54%Grade 6 average |
| Venerable John Merlini Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 650 m | 92%Grade 6 average |
| St Andrew Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 750 m | 61%Grade 6 average |
| École élémentaire Félix-LeclercConseil scolaire Viamonde | French-language public · grades JK–6 | 7.1 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| North Albion Collegiate InstituteToronto DSB | Public · grades 9–12 | 500 m | 29%Grade 9 math |
| Father Henry Carr Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 | 1.8 km | 51%Grade 9 math |
| West Humber Collegiate InstituteToronto DSB | Public · grades 9–12 | 2.3 km | 42%Grade 9 math |
| ÉSC de l'Ascension - VaughanConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 5.6 km | 57%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
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Sold prices in Mount Olive-Silverstone-Jamestown are shown to signed-in members.