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Mount Olive-Silverstone-Jamestown, Toronto

Real Estate Market Report

ActiveCurrent active residential listings.
46
Sold (12 mo)Sold residential listings, trailing 12 months.
80

Based on geocoded sales; may understate total volume.

Median PriceMedian sold price, trailing 6 months.
$530K
Avg DOMAverage days on market (sold, 6 months).
27 days
SP/LPMean sale-to-list ratio (6 months).
96.9%
MOIMonths of inventory.
8.6 months

Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · medians 6-month basis

Living in Mount Olive-Silverstone-Jamestown

Mount Olive-Silverstone-Jamestown is a working-class, densely populated neighbourhood in the northwest corner of Toronto, Ontario, known for its cultural diversity and relatively affordable housing by Greater Toronto Area standards. Housing in the neighbourhood consists primarily of high-rise apartment towers, low-rise rental buildings, and a mix of semi-detached and detached homes on modest lots. With a median sold price of $455,000, the area sits well below the Toronto-wide average tracked by the Canadian Real Estate Association (CREA), making it one of the more accessible entry points into the city's housing market. Buyers typically find smaller lot sizes compared to more central Toronto neighbourhoods, with many single-family homes offering modest yards suitable for young families. Transit access is a practical strength of the area. The neighbourhood is served by TTC bus routes along Finch Avenue West and Jane Street, connecting residents to the Finch West subway station on Line 1 and the Kipling GO and TTC hub to the south. Highway 427 and Highway 27 run within a short drive, making commutes by car to Mississauga, Brampton, and Pearson International Airport in Peel Region straightforward. The current average days on market of 37 days reflects measured but steady demand from buyers who value this connectivity. For dining and shopping, the area reflects its diverse demographic base. Residents find West Indian, South Asian, and West African food options along commercial strips, alongside discount grocery stores, halal butchers, and value-oriented retailers. Larger box stores and shopping centres are accessible along Finch Avenue West and in the broader Etobicoke district and nearby Rexdale. Green space in the area includes proximity to the Humber River trail system, one of Toronto's major natural corridors, which offers walking and cycling paths through ravine landscapes. Local parks provide sports fields, playgrounds, and open lawn space for informal recreation. Community centres in and around the neighbourhood offer programming for youth and seniors, and the Boyd Conservation Area in York Region is accessible by car for families wanting more extensive outdoor experiences. The neighbourhood is home primarily to working families, recent immigrants, and long-term renters who value affordability and multicultural community life. Statistics Canada data from recent census cycles consistently identifies Mount Olive-Silverstone-Jamestown as one of Toronto's most diverse communities by country of birth, with significant populations tracing roots to the Caribbean, South Asia, and West Africa. It is not a neighbourhood attracting large numbers of young professionals seeking walkable urban amenities, but it offers stable, community-rooted living for those prioritizing space and value within Toronto city limits.

Content generated with AI assistance based on local data sources.

Frequently Asked Questions

▶Is Mount Olive-Silverstone-Jamestown a safe neighbourhood?

Like many dense urban neighbourhoods in Toronto, conditions vary by block and building. The community has historically recorded higher crime rates relative to some city averages, particularly around high-rise clusters. Many long-term residents point to strong community ties and neighbourhood familiarity as a stabilizing factor. Prospective buyers and renters are encouraged to review Toronto Police Service neighbourhood crime statistics before making a decision.

▶How affordable is housing in Mount Olive-Silverstone-Jamestown compared to the rest of Toronto?

The neighbourhood is among Toronto's more affordable. With a median sold price of $455,000, it sits well below the city-wide median tracked by the Canadian Real Estate Association (CREA). The mix of condos, rentals, and modest detached homes makes it accessible for first-time buyers or those priced out of more central Toronto districts.

▶What transit options are available for commuters in Mount Olive-Silverstone-Jamestown?

Residents have access to TTC bus routes along Finch Avenue West and Jane Street, connecting to the Finch West subway station on Line 1. By car, Highway 427 and Highway 27 provide quick routes to Mississauga, Brampton, and Pearson International Airport in Peel Region. The Kipling GO and TTC terminal to the south offers additional regional transit options.

▶What types of residents typically live in Mount Olive-Silverstone-Jamestown?

The neighbourhood is home primarily to working families, recent immigrants, and long-term renters. Statistics Canada census data identifies it as one of Toronto's most culturally diverse communities, with significant Caribbean, South Asian, and West African populations. It is shaped more by affordability and multigenerational households than by urban amenity-seeking demographics.