$559,000 - 10 Fairwood Crescent Unit 121, Rouge
Condo for Sale in Rouge
55 days on market- MLS Number
- E13028414
- Property Type
- Condo
- Status
- active
- Days on Site
- 55
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,200 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- HOME CHOICE REALTY INC.
Discover The Perfect Blend Of Comfort And Convenience In This Meticulously Maintained 2 Bedroom 1 Bath Red Brick Townhouse! Both Bedrooms Are Roomy And Comfortable With Oversized Closets. Freshly Painted With Pristine, Newly Cleaned Carpets Upstairs And Beautiful Vinyl Floors On Main Floor. Basement Has A Washer, Dryer And Laundry Tub With Faucet. The Basement Also Includes A Bathroom Rough-In For A Future Bathroom. This Move-In -Ready Unit Is Bright, Airy, And Waiting For You. Commuting Is A Breeze With Highway 401 Minutes Away! Close To The TTC And Go Transit Connections. Nature Is Right At Your Door With Lush Trails Of Morningside Park And A Short Drive To The Beach. Unbeatable Location -Just South Of The University Of Toronto Scarborough & Centennial College Are Both A Short Distance! You Will Be Walking Distance To The Toronto Public Library, Great Public Schools, Grocery Stores, Medical Centre, Banks, Fitness, And Great Restaurants. It's A 3 Minute Walk To The Bus Stop & School Bus Route Is On Fairwood Crescent! Experience A Bright Clean And Quiet Living Space In One Of Toronto's Most Diverse And Greenest Neighbourhoods. Ideal For Students, Young Professional, First Time Buyers, Or Buyers Looking To Downsize. Smoke & Carbon Monoxide Alarms Were All Replaced Feb/2025
Estimate your monthly payments for this property
Estimated Payment
$2,867.96/mo
Includes CMHC insurance ($15,596)
5-yr fixed avg.
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.
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
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.
10 Fairwood Crescent Unit 121, Rouge / Port Union / Malvern
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $466/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.
Negotiation Opportunity
At 55 days on site, this property has exceeded the typical selling timeline for Rouge. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Investment Perspective
Looking at this as an investment: Rouge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.