$529,900

$549,900For salePrice drop↓ $20,000 (4%)

#206 1 Rowntree Road, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#206 1 Rowntree Road, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V5G7

2 beds2 baths1 parking1,100 ft²$1,000/mo condo feeListed 38 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,100 sq ft of space. It has been on the market 38 days, fresher than the Toronto average of 64 days.

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Description

If you've been searching for a condo that offers plenty of space, a convenient location, and a price that makes sense, take a look at Unit 206 at 1 Rowntree Road. This beautiful 2-bedroom + den, 2-full-bathroom residence offers approximately 1,100+ sq. ft. of comfortable living space. The layout is both spacious and functional, featuring laminate flooring, stainless-steel appliances, in-suite laundry, underground parking, and a locker. One of the standout features is the large wrap-around balcony a wonderful extension of your living space and the perfect place to enjoy your morning coffee, relax after work, or entertain. The den provides added flexibility and can be used as a home office, study, or additional personal space. Located at Kipling & Steeles, the condo is close to York University, Humber College, Humber River Hospital, transit, shopping, restaurants, and major transportation routes, making it a convenient place to call home and an appealing option for different stages of life. Priced at $549,000, this is an opportunity worth seeing, whether you're a first-time buyer, downsizing, or looking for a well-located investment property. Come see it for yourself. The spacious layout, wrap-around balcony, and convenient location are what make this condo stand out. (id:66096)

Property Details

MLS®: W13836774
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,000/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,366/yr
Listed: 38 days ago

Rooms

Flat

Living room: 9.3 x 3.2 meters
Dining room: 4.9 x 3.7 meters
Kitchen: 2.8 x 2.3 meters
Primary Bedroom: 4.6 x 3.22 meters

Main level

Bedroom 2: 2.8 x 4.2 meters
Laundry room: 1.5 x 1.4 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Exterior: Concrete
Lot Features: Ravine, Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

38d

Toronto (Mount Olive-Silverstone-Jamestown) listings, avg age

64d

Price / ft²

$482

List price

$530K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Mount Olive-Silverstone-Jamestown) has been listed for 38 days, which is 26 days fresher than the city average of 64. Act while there is still low competition.

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Listed by HOMELIFE/MIRACLE REALTY LTD · SHABNAM KHAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $529,900, about 6.5× the local median household income of $82,000.

Carrying it typically needs a household income of about $103,508 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.

Median household income: $82,000
Population: 53,878
Median age: 37.2
Owner / renter: 54% / 46%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M9V)

$529,900· $482/ft²

For sale

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Full Cost Breakdown

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Down Payment5.28% · $27,990

Min 5.28%50%

Mortgage payment$2,783/mo

↳ CMHC premium ($20,076 capitalized)

Property tax (est.)$114/mo

Condo fee$1,000/mo

Total monthly$3,897

Cash Needed to Close

Down payment (5.28%)$27,990

Land transfer tax$14,146

Est. closing costs$4,090

Total cash needed$46,226

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