$999,999 - 126 Homestead Road, Rouge
Detached for Sale in Rouge
54 days on market- MLS Number
- E13031048
- Property Type
- Detached
- Status
- active
- Days on Site
- 54
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Lot Size
- 8,874 sqft
- Listing Brokerage
- RIGHT AT HOME REALTY
Well-maintained detached 5-level backsplit located on a deep 180 ft lot in the West Hill community. Approx. 1,892 sq ft above grade with a finished basement, providing over 3,000 sq ft of total living space. The multi-level layout offers several living areas, making the home well suited for larger families or multi-generational living. The main floor includes a bright living and dining area, kitchen, and breakfast space. The lower level features a spacious family room with a wood-burning fireplace and walkout to the backyard deck. Upstairs are three bedrooms including a primary bedroom with its own ensuite. A fourth bedroom is located on the main level, and the finished basement includes an additional bedroom and a second kitchen, offering flexibility for an extended family. Built-in garage plus a long driveway with parking for up to six vehicles. Located close to schools, parks, transit, and everyday amenities, with convenient access to Guildwood GO Station and the Lake Ontario waterfront.
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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.
126 Homestead Road, 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 $667/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 54 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.
Detached Home Advantages
Detached homes in Rouge are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Rouge.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.