5 Rowntree Road, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mount Olive-Silverstone-Jamestown. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $509,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Spacious 2-bedroom, 2-bathroom condo with a layout that offers more usable space than many newer units. The open-concept living and dining area is bright and functional, with well-sized rooms throughout. Located in the gated Platinum on the Humber community at Kipling and Steeles, with 24-hour security and well-maintained grounds. Residents have access to a full range of amenities including indoor and gym, tennis and squash courts, party room, and visitor parking. Surrounded by green space with nearby access to the Humber River and trail system. Conveniently close to the Finch LRT, transit to Kipling Subway, major highways, shopping, York University, Humber College, and Pearson Airport. Maintenance fees include all utilities, cable, and high-speed internet.
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Pricing & Value Insights
Data-driven valuation for 5 Rowntree Road 1403, Toronto W10, ON M9V 5G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $509,000 in Toronto, the legal minimum down payment is $25,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,655 also applies, bringing the total estimated land transfer taxes to $13,310.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
