17 Marlena Drive, Toronto E10

Price: $765,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13451398

Welcome to this bright and inviting 3-bedroom bungalow, ideally situated in a mature, family-friendly neighbourhood. Offering over 1,100 sq. ft. of living space, this home presents a phenomenal opportunity to make it your own. Featuring hardwood floors, large windows throughout & spacious principal rooms, the functional layout is filled with natural light. The oversized living and dining areas provide plenty of space for entertaining, while the eat-in kitchen offers a practical setting for family meals & everyday living. A separate entrance leads to the partially finished basement, complete with a 3 pc bathroom, presenting exciting possibilities for additional living space, a future in-law suite, or income potential. An attached single-car garage, ample parking, and a large, private backyard further enhance the property's appeal. Conveniently located close to transit, highways, shopping, parks, schools, and the lake, you'll enjoy easy access to everyday amenities while being part of a well-established community. Whether you're a first-time buyer searching for a home with room to grow, an investor seeking long-term value, or a downsizer looking for a bungalow in an established neighbourhood, this is a property with tremendous potential.

17 Marlena Drive - Detached photo 1 of 47 in Rouge / Port Union / Malvern, Ontario
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active
New Listing
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$765,000 - 17 Marlena Drive, Rouge

Detached for Sale in Rouge

New — Listed 2 days ago
3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13451398
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Rouge / Port Union / Malvern
Listing Brokerage
EXP REALTY
Description

Welcome to this bright and inviting 3-bedroom bungalow, ideally situated in a mature, family-friendly neighbourhood. Offering over 1,100 sq. ft. of living space, this home presents a phenomenal opportunity to make it your own. Featuring hardwood floors, large windows throughout & spacious principal rooms, the functional layout is filled with natural light. The oversized living and dining areas provide plenty of space for entertaining, while the eat-in kitchen offers a practical setting for family meals & everyday living. A separate entrance leads to the partially finished basement, complete with a 3 pc bathroom, presenting exciting possibilities for additional living space, a future in-law suite, or income potential. An attached single-car garage, ample parking, and a large, private backyard further enhance the property's appeal. Conveniently located close to transit, highways, shopping, parks, schools, and the lake, you'll enjoy easy access to everyday amenities while being part of a well-established community. Whether you're a first-time buyer searching for a home with room to grow, an investor seeking long-term value, or a downsizer looking for a bungalow in an established neighbourhood, this is a property with tremendous potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,924.85/mo

Includes CMHC insurance ($21,344)

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5-yr fixed avg.

Principal: $688,500Interest: $467,610
Mortgage Amount$709,844
Total Interest$467,610
Est. Property Tax$542/mo
Total Cost$1,177,454

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

17 Marlena Drive, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
3.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$542
Insurance (est.)-$159
Net Cash Flow+$2,099

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 $695/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Rouge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $3,188 (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.

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    17 Marlena Drive | $765,000 | Battaglia Team