$498,900

For sale

#717 5 Rowntree Road, Toronto (Mount Olive-Silverstone-Jamestown) - Single Family for Sale

#717 5 Rowntree Road, Toronto (Mount Olive-Silverstone-Jamestown), Ontario, M9V5G9

2 beds2 baths2 parking1,300 ft²$1,129/mo condo feeListed 16 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. Its $498,900 asking price sits right in line with the $484,900 median in Toronto. It has been on the market 16 days, fresher than the Toronto average of 63 days.

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Description

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. (id:66096)

Property Details

MLS®: W14095374
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Basement: None
Heating: Electric, Coil Fan
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $1,129/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $1,666.54/yr
Listed: 16 days ago

Rooms

Flat

Foyer: 4.58 x 1.45 meters
Living room: 5.64 x 3.28 meters
Dining room: 5.65 x 3.09 meters
Kitchen: 5.65 x 2.4 meters
Primary Bedroom: 4.9 x 3.26 meters
Bedroom 2: 3.94 x 3.3 meters

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

Features

Appliances: All, Washer, Refrigerator, Dishwasher, Stove, Dryer, Freezer, Hood Fan, Blinds, Window Coverings
Flooring: Laminate, Marble
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

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

63d

Price / ft²

$384

List price

$499K

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 16 days, which is 47 days fresher than the city average of 63. Act while there is still low competition.

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Listed by ROYAL LEPAGE MAXIMUM REALTY · EUGENE TERENZIO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9V)

This home lists at $498,900, about 6.1× the local median household income of $82,000.

Carrying it typically needs a household income of about $97,453 (20% down, 25-yr amortization, stress-tested) — roughly 19% 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)

$498,900· $384/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,945

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,958 capitalized)

Property tax (est.)$139/mo

Condo fee$1,129/mo

Total monthly$3,896

Cash Needed to Close

Down payment (5%)$24,945

Land transfer tax$12,906

Est. closing costs$3,997

Total cash needed$41,848

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