| Heat Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Water Included | |
| Parking Included | |
| CAC Included |


















































502 - 1 Rowntree Road
Mount Olive-Silverstone-Jamestown, Toronto
$559,000
One of the largest corner units offering breathtaking, unobstructed ravine views. This spacious suite features two bedrooms, two full bathrooms, and a highly desirable split layout for added privacy. Enjoy a newly upgraded kitchen with quartz countertops, new laminate flooring, and modern vanities throughout. The bright and open living and dining areas provide the perfect space for relaxing or entertaining.Meticulously maintained and move-in ready. Unbeatable location-close to all amenities including schools, hospital, shopping plaza, Humber College, York University, highways, and scenic hiking and biking trails. Situated in a sought-after gated community with excellent security. Maintenance fees include high-speed internet.Show Stopper!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 31-50 |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $1,112 |
| Locker | None |
| Balcony | Open |
| Exposure | North East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $1,523 |
| mls© Number | W12925822 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,861
- Property tax
- $127
- Heat allowance
- $150
- Condo fees, half counted
- $556
- Housing costs
- $3,694 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$114,000
gross annual household income
- Payment at 4%
- $2,352 / mo
- Cash down
- $111,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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