$1,195,000 - 162 Morningside Avenue, Rouge
Detached for Sale in Rouge
- MLS Number
- E13168146
- Property Type
- Detached
- Status
- active
- Days on Site
- 17
- Bedrooms
- 7
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Listing Brokerage
- HOMELIFE NEW WORLD REALTY INC.
Welcome to 162 Morningside Ave. First Time in over 60 years has never been for Sale until Now! in the West Hill Community! This Bright, Spacious 4+3 Beds and 4 Bath Is What You've Been Looking For! Look No Further! Beautiful Front Entrance Custom Stone Porch, Newer Windows-Front, Kitchen, Basement and Garage 2025, California Shutters, Crown Molding, 4 Heated Floors,200 Amp service with recent ESA inspection. Home Boasts a Separate Entrance To Finished Basement ( 3 Br,2 washrooms, Living, Kitchen, Washer/Dryer room). Main Floor Kitchen is Open Concept, with a open Living Space with Dining Room and Sun Area, Family Room . This Home has Beautifully Hardwood Flooring and a Garage w/ Carport. There is Potential to Park up to 8 Vehicles, 1/1 Spaces in Garage/Carport, 6 Spaces on Paved Driveway . Bonus New Concrete walkway too Concrete Backyard Entertaining Area with newer Fence. This Property has award winning Gardens with the City Of Toronto. A Perfect Home Surrounded By Schools, Parks, Restaurants, Grocery, Shopping, Public Transit, Beautiful Guildwood on the Lake Scarborough Bluffs down the street, And Much More! This Home Is What You've Been Looking For!
Estimate your monthly payments for this property
Estimated Payment
$5,285.89/mo
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.
162 Morningside Avenue, Rouge / Port Union / Malvern
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Rental income estimator & ROI calculator
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 $797/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 17 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.
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 7 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 $4,979 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.