$545,400 - 5 Rowntree Road Unit 405, Etobicoke
Condo for Sale in Etobicoke
Neighbourhood: Mount Olive-Silverstone-Jamestown
- MLS Number
- W13440392
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Etobicoke (West Mall / Rexdale)
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/MIRACLE REALTY LTD
Experience resort-style living in this beautifully renovated and sun-filled 2-bedroom plus den suite, ideally positioned with a sought-after northwest exposure offering abundant natural light throughout the day. Enjoy breathtaking panoramic views of the Humber River, lush ravine, and Rowntree Mills Park from the kitchen, breakfast area, den, and private balcony-creating a serene setting where nature truly feels like your own backyard. This spacious and thoughtfully designed suite features two full bathrooms, including a private primary ensuite, ensuite laundry, and an expansive open-concept living and dining area perfect for both everyday living and entertaining. Recently and extensively upgraded, this move-in-ready unit showcases fresh designer paint throughout, beautifully renovated bathrooms completed in 2025, and brand-new modern flooring installed in 2026. The updated kitchen features a stylish glass backsplash, while contemporary finishes and elegant details create a sophisticated living environment throughout the home. Located within the prestigious Platinum on the Humber, a highly sought-after 24-hour gated community surrounded by mature landscaping and green space, residents enjoy an exceptional array of resort-style amenities including indoor and outdoor swimming pools, hot tub, fitness centre, tennis courts, squash courts, party room, games room, and more. Outdoor enthusiasts will love the direct access to the Humber Trail, offering endless opportunities for walking, jogging, cycling, and scenic rides all the way to Lake Ontario. Conveniently situated close to the newly opened Finch West LRT, Highways 400, 401 and 407, Pearson International Airport, York University, Humber College, University of Guelph-Humber, shopping, transit, parks, and everyday conveniences. A rare opportunity to own a fully upgraded, spacious condo residence that perfectly combines luxury, nature, and urban convenience in one of Toronto's most desirable gated communities.
Estimate your monthly payments for this property
Estimated Payment
$2,798.18/mo
Includes CMHC insurance ($15,217)
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.
5 Rowntree Road Unit 405, 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 $455/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.
Market Position
At 25 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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. We'll want to verify the monthly fees and what they include.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,273 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.