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Get My Free Estimate →Five towers built between 1970 and 1980 along Kipling Avenue, Silverstone Drive, Panorama Court and Stevenson Road. They carry the lowest price levels in Etobicoke, and one of them is a genuine piece of Ontario housing history.
60 Stevenson Road is York Condominium Corporation No. 27. Ontario’s condominium legislation only came into force in 1967. A corporation numbered 27, registered in December 1970, is among the first condominiums ever created in this province.
The five buildings
| Building | Corporation | Registered | Floors / units | Suites |
|---|---|---|---|---|
| 60 Stevenson Rd | YCC 27 | 23 Dec 1970 | 15 / 114 | not published |
| 49 Silverstone Dr | YCC 80 | 3 May 1972 | 15 / 113 | 1,157–1,230 sq ft |
| 45 Silverstone Dr | YCC 253 | 6 Apr 1976 | 15 / 112 | 640–1,652 sq ft |
| 2645 Kipling Ave | YCC 414 | 13 Sep 1978 | 18 / 210 | 723–1,089 sq ft |
| 40 Panorama Crt | YCC 506 | 6 Feb 1980 | 17 (disputed — see below) / 202 | 951–1,300 sq ft |
This page originally gave 40 Panorama Court as 17 storeys without qualification. In later research I found an active listing in the building for unit 1803, which is not consistent with a 17-storey building. Two sources record 17 storeys and a live listing contradicts them. I have not been able to resolve it, so the figure is now marked disputed rather than presented as settled. The status certificate or a floor plan will confirm the true height.
The corporation numbers tell the story of the decade in order: 27, 80, 253, 414, 506. You can watch condominium ownership arrive in Ontario and spread across a single stretch of north Etobicoke in ten years.
60 Stevenson and 49 Silverstone share a developer, Lanet Building Corporation, which is why they are near-twins — 15 storeys, 114 and 113 units, two years apart. Four of the five are managed by Simsons Management.
45 Silverstone has the widest suite range in north Etobicoke: 640 to 1,652 square feet. In a single 112-unit building that spans bachelor-scale to larger than most Platinum on the Humber suites, which makes it unusually flexible — and means the “average” anything in that building is close to meaningless.
Getting around
Routed 24 August 2026 on the OpenStreetMap pedestrian network with the OSRM walking profile, from each building’s own footprint.
| Building | Finch West subway | Etobicoke North GO | Nearest bus stop measured |
|---|---|---|---|
| 2645 Kipling Ave | 110.1 min | 73.2 min | 88 m · 1.2 min |
| 60 Stevenson Rd | 110.4 min | 72.7 min | 434 m · 5.8 min |
| 45 Silverstone Dr | 111.1 min | 73.3 min | 464 m · 6.2 min |
| 49 Silverstone Dr | 112.5 min | 74.7 min | 562 m · 7.5 min |
| 40 Panorama Crt | 112.9 min | 76.0 min | 374 m · 5.0 min |
No subway, no walkable GO. What there is, is frequent bus service on Kipling, Albion and Finch, and 2645 Kipling sits essentially on top of a stop.
An honest limitation: for 60 Stevenson and the two Silverstone buildings, the databases name a stop on Finch Avenue West as nearest. Finch was outside the corridors I measured, so a closer stop than the ones in my table very likely exists for those three. My figures are the nearest stop on Kipling, Albion or Martin Grove only — treat them as an upper bound, not the last word.
One transit claim was contradicted: 40 Panorama Court is described as a three-minute walk to the Kipling at Panorama Court stop. Measured, that exact stop is 5.0 minutes.
Thinking about buying or selling here?
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Jatin Dua, Sales Representative — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Fee data that actually holds together
This is the pleasant surprise of the group, and worth stating plainly because it is so rare in this work.
On all five buildings, the published fee inclusion lists are internally consistent. The structured data and the narrative text agree with each other. Across the eight Markbrook and Rowntree towers I researched the same day, five contradicted themselves. Here, none did.
The consistent picture: common element, heat, building insurance, parking and water included at all five, with air conditioning at all but 60 Stevenson, and hydro at none of them. Budget your own electricity.
60 Stevenson has the leanest list — no air conditioning, no hydro — which is what you would expect from a 1970 building and is not by itself a criticism.
Consistency is not proof. It means two fields on one website agree, not that either is current. The status certificate, which the corporation must provide within 10 days of a written request for a fee capped at $100 including HST, remains the only document that settles it. But I would rather tell you when the public record is behaving than only when it is not.
No maintenance fee rate per square foot exists for any of the five. No reachable source publishes one.
Three of the five have no usable value figure at all. 60 Stevenson, 2645 Kipling and the two Silverstone buildings show readings like “$0 per square foot” and “−100.0% area comparison” — plainly broken fields rather than findings. One source publishes an average price of “$0.53 per square foot” for 60 Stevenson, which is obvious nonsense. None of it goes on this page.
The one substantial figure, 40 Panorama Court at −12.8% over twelve months, does not state how many sales it rests on. It is the steepest decline I found in north Etobicoke, and I am reporting it as a direction with that caveat attached rather than as a valuation.
45 Silverstone’s developer is unverified. One source leaves the field blank; another fills it with the neighbourhood name, which is data corruption rather than information. 60 Stevenson’s suite range is single-sourced and absent from the main database. And at 49 Silverstone the sources disagree about whether the building has a pool — one lists an outdoor pool, the other lists none.
A note on the number 170
One of these pages ranks 45 Silverstone as the 169th of 170 Etobicoke condominiums by price per square foot. That figure of 170 has circulated widely as the size of the Etobicoke condo market, and it is worth knowing where it comes from: it is one database’s own count, and that database caps what it lists.
When I ran a full census across every Etobicoke neighbourhood — using the same database’s uncapped building sitemap, cross-checked against OpenStreetMap footprints inside the City’s official neighbourhood boundaries — the real number came out at roughly 350 condominium buildings. So if you have been told Etobicoke has 170 condos, it has about twice that. The ranking above is a ranking within a partial list.
Who these suit
A buyer who wants square footage and a low entry price, and who drives or commutes by bus. These are large, plain, well-established buildings with modest amenity sets and fifty-year-old reserve fund histories — which, read properly, is more information than a new building can give you, not less.
On a building of this age, the reserve fund study and the record of past major work are the whole story. Ask what has already been replaced: roof, windows, elevators, garage membrane, risers. A 1970s tower that has done that work is a different proposition from one that has not.
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Market context
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Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
Frequently asked questions
What is the oldest condominium in this part of Etobicoke?
60 Stevenson Road, registered 23 December 1970 as York Condominium Corporation No. 27. Ontario’s Condominium Act only came into force in 1967, so a corporation numbered 27 is among the earliest registered in the province. 49 Silverstone Drive follows as YCC 80 in May 1972, and 45 Silverstone Drive as YCC 253 in April 1976.
Are these buildings co-operatives rather than condominiums?
No source states co-op status for any of the five, and all five carry a registered York Condominium Corporation number confirmed against an independent corporation record. That is affirmative evidence of condominium tenure. I raise it because buildings of this vintage in north Etobicoke are exactly the profile where co-ops turn up, and a co-op changes mortgage financing entirely — but the absence of a positive statement is not the same as a verified negative, so confirm on title.
How far are these towers from a subway?
Not walkable. The nearest station for all five is Finch West, measured between 110 and 113 minutes on foot on the OpenStreetMap pedestrian network with the OSRM walking profile on 24 August 2026. Etobicoke North GO is closer at 73 to 76 minutes, and 2645 Kipling has the shortest of those. The realistic transit is the bus: 2645 Kipling measured 88 metres to its stop.
Do these buildings have pools?
It depends which, and one is genuinely disputed. 2645 Kipling and 45 Silverstone both list an outdoor pool, corroborated by two sources each. 60 Stevenson has no pool — its amenity set is the leanest here, just an exercise room and sauna. At 49 Silverstone the sources contradict each other: one lists an outdoor pool, the other lists no pool at all. I have no way to resolve that from a screen.
What do the maintenance fees include?
On these five buildings, unusually, the sources agree with themselves — which is not true of most of the buildings I research in Etobicoke. All five publish a consistent list covering common element, heat, building insurance, parking and water, with air conditioning included at all but 60 Stevenson. None includes hydro. 60 Stevenson has the leanest list of the group. Confirm on the status certificate, but this is more reliable data than the neighbouring Markbrook towers offer.
Are these the cheapest condos in Etobicoke?
45 Silverstone Drive is ranked 169th out of 170 by price per square foot on one database — second-lowest in the borough by that measure. Two caveats. Price per square foot is a sale price level, not a value change and not a fee. And that “170” is the database’s own capped count of Etobicoke buildings, not the real total, which is closer to 350.
Sources
- condos.ca — 60 Stevenson Road Condos. Corporation number, registration date of 23 December 1970, 15 floors, 114 units, Lanet Building Corporation as developer, and the fee inclusion list. Accessed 24 August 2026.
- condos.ca — 2645 Kipling Avenue Condos. Corporation number, registration date of 13 September 1978, 18 floors, 210 units, management, amenities and the suite size range. Accessed 24 August 2026.
- condos.ca — 45 Silverstone Drive Condos. Corporation number, registration date of 6 April 1976, 15 floors, 112 units, the suite range, and the price-per-square-foot ranking cited above. Accessed 24 August 2026.
- GTA Condo — corporation records. Independent confirmation of the York Condominium Corporation numbers for all five buildings, and the amenity lists including the disputed pool at 49 Silverstone. Accessed 24 August 2026.
- Ontario Condominium Act, 1998. The governing statute, including the ten-day deadline and $100 fee cap for a status certificate. Accessed 24 August 2026.
- OSRM foot routing on the OpenStreetMap network. The routing engine and walking profile used for every distance and duration here, measured 24 August 2026. Accessed 24 August 2026.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 437-987-1925 Send me a message
Jatin Dua, Sales Representative — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Related reading
- Platinum on the Humber, Cascades, Consulate and Rowntree Mill
- Condo maintenance fees in Etobicoke: what they actually cover
- Condo special assessments, and how to see one coming
- The status certificate in Ontario, explained
- Older versus new condos: what actually differs
About the author — Jatin Dua, Etobicoke real estate agent
I’m a licensed Realtor with RE/MAX Quantum Realty at 799 The Queensway in Etobicoke, a few minutes from every building on this page. I work with buyers, sellers and investors across Mimico, Humber Bay Shores, New Toronto, Long Branch, Alderwood and the Stonegate–Queensway corridor. I write these building guides the way I’d brief a client at my own kitchen table: what is documented, what isn’t, and where the published numbers disagree with each other.
Questions about a specific suite? connect@jatindua.com or 437-987-1925.