1 Falaise Road Unit 201, Toronto E10

Price: $385,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: E13106872

Welcome To This Quiet And Cozy 1 Bedroom Suite At 1 Falaise Rd 201! Functional Open-Concept Layout Featuring Modern Finishes, Laminate Flooring, And A Comfortable Living Space Walking Out To Lovely Open Balcony Spacious Bedroom With Sliding Door Offering Privacy And Flexibility. Stylish Kitchen With Stainless Steel Appliances And Quartz Countertops. Close To TTC, Highway 401, Centennial College, University Of Toronto Scarborough Campus, Parks, Shopping And Everyday Amenities. Excellent Opportunity For First-Time Buyers, Investors Or End Users Seeking Comfort And Convenience In A Growing Community.

1 Falaise Road Unit 201 - Condo photo 1 of 27 in Rouge / Port Union / Malvern, Ontario
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$385,000 - 1 Falaise Road Unit 201, Rouge

Condo for Sale in Rouge

36 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
E13106872
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Rouge / Port Union / Malvern
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
BAY STREET INTEGRITY REALTY INC.
Description

Welcome To This Quiet And Cozy 1 Bedroom Suite At 1 Falaise Rd 201! Functional Open-Concept Layout Featuring Modern Finishes, Laminate Flooring, And A Comfortable Living Space Walking Out To Lovely Open Balcony Spacious Bedroom With Sliding Door Offering Privacy And Flexibility. Stylish Kitchen With Stainless Steel Appliances And Quartz Countertops. Close To TTC, Highway 401, Centennial College, University Of Toronto Scarborough Campus, Parks, Shopping And Everyday Amenities. Excellent Opportunity For First-Time Buyers, Investors Or End Users Seeking Comfort And Convenience In A Growing Community.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,975.25/mo

Includes CMHC insurance ($10,742)

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5-yr fixed avg.

Principal: $346,500Interest: $235,333
Mortgage Amount$357,242
Total Interest$235,333
Est. Property Tax$273/mo
Total Cost$592,575

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Rouge / Port Union / Malvern

Discover Rouge / Port Union / Malvern

Rouge / Port Union / Malvern is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Rouge / Port Union / Malvern

  • Convenient location in Rouge / Port Union / Malvern
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Rouge / Port Union / Malvern offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Falaise Road Unit 201, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$273
Insurance (est.)-$80
Net Cash Flow+$1,032

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Market Position

At 36 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1 Falaise Road Unit 201 | $385,000 | Battaglia Team