$549,900 - 1 Rowntree Road Unit 206, Etobicoke
Condo for Sale in Etobicoke
Popular ListingNeighbourhood: Mount Olive-Silverstone-Jamestown
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- MLS Number
- W13836774
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Taxes (2025)
- $1,366
- Maintenance Fees
- $1,000/mo
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
SPACE. LOCATION. PRICE. THIS ONE CHECKS ALL THREE.If you've been looking for a condo that gives you room to live, a location that makes everyday life easy, and a price that makes sense - take a look at this one.Welcome to Unit 206 at 1 Rowntree Road, a beautiful 2-bedroom + den, 2-full-bathroom residence offering approximately 1,100+ sq. ft. of comfortable living space.The layout is spacious and practical, with laminate flooring, stainless-steel appliances, in-suite laundry, underground parking and a locker. But the feature that really stands out is the large wrap-around balcony - an incredible extension of your living space and a perfect spot to enjoy your morning coffee, unwind after work or entertain.The den gives you the flexibility to create a proper home office, study or additional personal space.Located at Kipling & Steeles, you're close to York University, Humber College, Humber River Hospital, transit, shopping, restaurants and major transportation routes - making this a convenient place to call home and an attractive option for different stages of life.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 in person. The space, the balcony and the location are what make this condo stand out.
Estimate your monthly payments for this property
Estimated Payment
$2,821.27/mo
Includes CMHC insurance ($15,342)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Mount Olive-Silverstone-Jamestown
Mount Olive-Silverstone-Jamestown is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Mount Olive-Silverstone-Jamestown
- •Convenient location in Etobicoke (West Mall / Rexdale)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Mount Olive-Silverstone-Jamestown offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Rowntree Road Unit 206, Etobicoke (West Mall / Rexdale)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $550/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $1000/month fees should cover building insurance, common elements, and reserve contributions.
About Mount Olive-Silverstone-Jamestown
I know Mount Olive-Silverstone-Jamestown well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Etobicoke properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,291 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.