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Investment signal

$520,000

2106 - 3 ROWNTREE ROAD

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Mount Olive-Silverstone-Jamestown). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Perfect as a first home or a smart investment opportunity, this spacious, sun-filled and beautifully renovated 2-bedroom, 2-bath suite offers a bright open-concept layout with wraparound windows and stunning unobstructed panoramic views. Featuring laminate flooring throughout and a fresh, modern paint finish, this meticulously maintained unit shows exceptionally well. All utilities are included in the maintenance fees, offering excellent value and predictable monthly costs. Includes 1 parking space and 1 locker for added convenience. Enjoy 24-hour gatehouse security and an unbeatable location close to TTC, highways, top-rated schools, shopping, and scenic hiking trails. (id:65958)

Subtype: Single Family
Structure: Apartment
Community: Mount Olive-Silverstone-Jamestown
Common interest: Condo/Strata
Bedrooms: 2 above grade
Parking: 1 total
Condo/HOA fee: $898 monthly
On market: Apr 21, 2026
Status changed: Apr 21, 2026
Annual tax: $1,486
Photos: 28
MLS#: W13024816
Area: TORONTO_(MOUNT_OLIVE-SILVERSTONE-JAMESTOWN)

Features and systems

Parking

GarageUnderground

Basement

None

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Wood

Flooring

LaminateCeramic

Lot

Balcony

Community

Pets Allowed With Restrictions

Pool

Indoor pool

Fee includes

Common Area MaintenanceHeatElectricityWaterInsuranceParking

Negative cash flow ~$606/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.99%

Cap rate

3.47%

GRM

16.7

Break-even rent

$3,238

Financing

Down payment$104,000

Loan amount$416,000

Mortgage$2,108/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$238

Insurance$80

Maintenance$433

CapEx reserve$217

Vacancy loss$130

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,108/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.