$549,900

For sale

#502 1 Rowntree Road, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#502 1 Rowntree Road, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V5G7

2 beds2 baths1 parking1,300 ft²$1,112/mo condo feeListed 48 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 48 days, fresher than the Toronto average of 64 days.

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Description

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! (id:66096)

Property Details

MLS®: W13806054
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,112/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,549.97/yr
Listed: 48 days ago

Rooms

Main level

Living room: 6.33 x 3.52 meters
Foyer: 3.07 x 1.42 meters
Kitchen: 3.45 x 2.41 meters
Dining room: 6.33 x 5.65 meters
Primary Bedroom: 4.96 x 3.22 meters
Bedroom 2: 5.91 x 3.27 meters

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

Features

Appliances: Intercom
Flooring: Laminate, Ceramic
Exterior: Concrete
Lot Features: Ravine, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

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

64d

Price / ft²

$423

List price

$550K

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 48 days, which is 16 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 $549,900, about 6.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 31% 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)

$549,900· $423/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$129/mo

Condo fee$1,112/mo

Total monthly$4,123

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$14,946

Est. closing costs$4,150

Total cash needed$49,086

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