1 Falaise Road Unit 511, Toronto E10

Price: $388,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: E13206482

Sweetlife 1 Bedroom + Den condo freshly painted by professionals prior to listing and featuring brand-new professionally installed vinyl flooring throughout, offering versatile and functional living space in a quiet and convenient neighborhood. The spacious den, complete with a large closet, can easily serve as a home office, study, or potential second bedroom. Enjoy peaceful views from the private balcony overlooking lush green gardens and mature trees-an ideal setting to relax and unwind. The unit also features ample in-unit storage, low maintenance fees, and a premium P1 parking spot conveniently located close to the elevator entrance. Excellent location close to all amenities, including just minutes by bus to Centennial College, University of Toronto Scarborough, and Toronto Pan Am Sports Centre. Conveniently close to banks, restaurants, grocery stores, parks, TTC, GO Station, and easy access to Highway 401.Super convenient location in a beautiful and safe community-perfect for both end users and investors alike. A rare find in today's market, with very few comparable units of this size currently available.

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$388,000 - 1 Falaise Road Unit 511, Rouge

Condo for Sale in Rouge

Popular Listing
2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
E13206482
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Rouge / Port Union / Malvern
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
BAY STREET INTEGRITY REALTY INC.
Description

Sweetlife 1 Bedroom + Den condo freshly painted by professionals prior to listing and featuring brand-new professionally installed vinyl flooring throughout, offering versatile and functional living space in a quiet and convenient neighborhood. The spacious den, complete with a large closet, can easily serve as a home office, study, or potential second bedroom. Enjoy peaceful views from the private balcony overlooking lush green gardens and mature trees-an ideal setting to relax and unwind. The unit also features ample in-unit storage, low maintenance fees, and a premium P1 parking spot conveniently located close to the elevator entrance. Excellent location close to all amenities, including just minutes by bus to Centennial College, University of Toronto Scarborough, and Toronto Pan Am Sports Centre. Conveniently close to banks, restaurants, grocery stores, parks, TTC, GO Station, and easy access to Highway 401.Super convenient location in a beautiful and safe community-perfect for both end users and investors alike. A rare find in today's market, with very few comparable units of this size currently available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,990.64/mo

Includes CMHC insurance ($10,825)

$
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5%10%50%

5-yr fixed avg.

Principal: $349,200Interest: $237,167
Mortgage Amount$360,025
Total Interest$237,167
Est. Property Tax$275/mo
Total Cost$597,192

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 511, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$275
Insurance (est.)-$81
Net Cash Flow+$1,519

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

Competitive Pricing

At $776/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

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 500 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 511, Rouge… — $388,000 | Battaglia Team