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    Platinum on the Humber Condos
    4for Sale
    1for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    274
    Condo Completion:
    1994
    Condo Demand:
    Medium
    Unit Size Range:
    1,074 - 1,700 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Platinum on the Humber Condos

    Receive listing updates for Mount Olive | Silvestone | Jamestown

    Amenities

    Visitor Parking
    Concierge
    Games Room
    Tennis Court
    Squash Court
    Sauna

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Excluded
    None

    About 5 Rowntree RoadPlatinum on the Humber Condos

    Platinum on the Humber Condos was completed in 1994 by a developer. While some buyers associate high maintenance fees with older buildings, maintenance fees at 5 Rowntree Road are only $0.67 per-square-foot. These Mount Olive - Silvestone - Jamestown condos for sale offer floor plans that are more spacious than most modern condos; there are 274 suites in this 18-storey residence, and units range from 1074 square feet to 1700 square feet.

    Maintenance fees are $0.67 per-square-foot, which is higher than the neighbourhood average of $0.60 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 5 Rowntree Road is $447, based on the past 12 months of sales, and these suites have a medium probability of receiving multiple offers.

    Units at Platinum on the Humber Condos spend 40 days on the market on average and usually sell for 7.67% above the listing price. In the last 12 months, 2 units have rented, and 9 have sold.

    The Neighbourhood

    Living here means you’re just a 7-minute walk from Romeo’s Island Grill, Little Naija Restaurant and Lucky Star Restaurant, making it easy to dazzle your taste buds without much effort. In the mornings, become a regular at McDonald's, a quick 2-minute walk from Platinum on the Humber Condos.

    There are a number of grocery stores within a short drive, including Rabba Fine Foods, Walmart Woodbridge and Sheriff's No Frills.

    Planning for your future is easy with CIBC Branch with ATM and BMO Bank of Montreal in the area.

    Having Humberview Park and Rowntree Mills Park within 6 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 5 Rowntree Road, including Nails & Spa and The Albion Mall which are only 2 away.

    If you’re tired of the usual neighbourhood attractions, then perhaps having efe iyamu media solutions Inc., Tray Arts and broskin art less than a 5-minute drive away will give you a lift. Albion Cinemas is just a short drive away for movie nights.

    Platinum on the Humber Condos is a short drive away from North Kipling Junior Middle School, Highfield Junior Public School and Beaumonde Heights Junior Middle School, giving you plenty of choice for your child’s education. Families with older children will be happy to know that North Albion Collegiate Institute, Smithfield Middle School and Humber Summit Middle School can be reached by car in under 3 minutes.

    Transportation

    If you commute by public transit then the Mount Olive | Silvestone | Jamestown neighbourhood is a great choice, as you’ll find the 2677 Kipling Ave light transit stop makes it easy to get around. Those who live in the area can easily drive to Vaughan Metropolitan Centre, just 18 minutes from the building.

    In the event that you can’t land a unit in this building, there are some similar condos within walking distance at 3 Rowntree Road, 40 Panorama Court and 1 Rowntree Road.

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    Explore Mount Olive | Silvestone | Jamestown

    4/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    6/10
    Transit
    Getting more reliable. You might even snag a seat on the morning commute!
    4/10
    Bikeability
    Your bike will know every pothole personally. It's that intimate.

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    5,436
    Average Individual Income
    $61,524
    Average Household Size
    0 persons
    Average Age
    0
    Average Household Income
    $96,672
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    11%
    15 - 19
    2%
    20 - 34
    26%
    35 - 49
    15%
    50 - 64
    20%
    65+
    23%
    Household Income
    $0 - $30,000
    51%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    6%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    43%
    High Rise Apartment
    29%
    Semi Detached
    12%
    Low Rise Apartment
    7%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    54%
    Mandarin
    16%
    Cantonese
    16%
    Other
    12%
    Tamil
    2%
    Education
    University and Above
    32%
    High School
    26%
    None
    19%
    College
    15%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Social Sciences
    14%
    Math & Computer Sciences
    8%
    Health & Related Fields
    7%
    Humanities
    6%
    Physical Sciences
    6%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Education
    2%

    Maintenance Fees

    Platinum on the Humber Condos vs The Mount Olive | Silvestone | Jamestown Area

    Days on Strata

    Units at Platinum on the Humber Condos spend an average of
    40
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    8%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Olive | Silvestone | Jamestown

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 14 condos in the Mount Olive | Silvestone | Jamestown area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Platinum on the Humber Condos offers the
    ?
    best value out of 14 condos in the Mount Olive | Silvestone | Jamestown neighbourhood

    Appreciation Rank

    Platinum on the Humber Condos has the
    ?
    highest ROI out of 14 condos in the Mount Olive | Silvestone | Jamestown neighbourhood

    Rental Yield

    Platinum on the Humber Condos yields the
    ?
    highest rent prices out of 14 condos in the Mount Olive | Silvestone | Jamestown neighbourhood

    High Demand

    Platinum on the Humber Condos is the
    ?
    most popular building out of 14 condos in the Mount Olive | Silvestone | Jamestown neighbourhood

    Transaction Insights at 5 Rowntree Road

    2 Bed2 Bed + Den3 Bed
    Price Range$520,000 - $625,000$550,000 - $642,000No Data
    Avg. Cost Per Sqft$432$465No Data
    Avg. Wait for Unit Availability22 Days165 DaysNo Data
    Ratio of Units in Building88%13%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Mount Olive | Silvestone | Jamestown