$585,000 - 11 Island Road Unit 49, Rouge
Condo for Sale in Rouge
35 days on market- MLS Number
- E13112820
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Locker
- None
- Exposure
- North South
- Balcony
- None
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Welcome to 11 Island Road, Unit 49 - a bright and spacious 4-bedroom, 2-bathroom stacked townhome offering modern comfort and exceptional convenience. This beautifully maintained suite features an open-concept layout filled with natural light, a contemporary kitchen complete with granite countertops and brand-new stainless steel appliances, and a generously sized primary bedroom with a private 3-piece ensuite. Three additional bedrooms provide ample space for a growing family, guests, or a home office setup. Ideally situated close to TTC transit, GO Transit, Highway 401, schools, shopping, restaurants, and a wide range of amenities, this home is perfectly suited for first-time buyers, investors, or downsizers seeking style, functionality, and convenience. Includes all stainless steel appliances, washer and dryer, light fixtures, and one parking space. Some Photos Virtually Staged
Estimate your monthly payments for this property
Estimated Payment
$3,001.35/mo
Includes CMHC insurance ($16,322)
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.
11 Island Road Unit 49, 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 $585/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.
Market Position
At 35 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Rouge. Good resale value as demand remains consistent.
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 $2,438 (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.