17 Payzac Avenue, Toronto E10

Price: $978,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13160456

Positioned in one of Scarborough's most connected and family-friendly neighbourhoods, 17 Payzac Avenue offers the perfect balance of space, convenience, and lifestyle. Just a short walk to Guildwood GO Station, with both GO Transit and VIA Rail service, commuting to downtown Toronto is remarkably convenient while allowing you to enjoy the comfort of an established residential community.Inside, the home welcomes you with a bright and spacious main floor featuring hardwood flooring, abundant natural light, and a functional layout designed for everyday living and entertaining. The kitchen, updated approximately 10 years ago, flows seamlessly into the living, dining, and family areas, creating an inviting space for gatherings both large and small.The second level offers three generously sized bedrooms, including a spacious primary retreat complete with a walk-in closet, private ensuite, and sunroom balcony. A fully finished basement provides valuable additional living space, ideal for recreation, a home office, guest accommodations, or multigenerational living.Beyond the home, residents enjoy easy access to some of Scarborough's most desirable amenities, including Guild Park & Gardens, the Scarborough Bluffs waterfront, Rouge National Urban Park, East View Park, local golf courses, Centennial College, and the University of Toronto Scarborough campus. Everyday conveniences are equally accessible, with shopping, restaurants, cafes, community centres, healthcare facilities, and services along the Kingston Road corridor just minutes away.Major updates include a roof (approximately 15 years), furnace (approximately 10 years), windows (approximately 10 years), air conditioner (approximately 15 years), kitchen (approximately 10 years), and refrigerator and stove (approximately 2 years). Well maintained and thoughtfully updated, 17 Payzac Avenue offers exceptional value in a location that continues to attract families, professionals, and long-term homeowners alike.

17 Payzac Avenue - Detached photo 1 of 18 in Rouge / Port Union / Malvern, Ontario
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$978,000 - 17 Payzac Avenue, Rouge

Detached for Sale in Rouge

3Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13160456
Property Type
Detached
Status
active
Days on Site
25
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Rouge / Port Union / Malvern
Lot Size
3,509 sqft
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Positioned in one of Scarborough's most connected and family-friendly neighbourhoods, 17 Payzac Avenue offers the perfect balance of space, convenience, and lifestyle. Just a short walk to Guildwood GO Station, with both GO Transit and VIA Rail service, commuting to downtown Toronto is remarkably convenient while allowing you to enjoy the comfort of an established residential community.Inside, the home welcomes you with a bright and spacious main floor featuring hardwood flooring, abundant natural light, and a functional layout designed for everyday living and entertaining. The kitchen, updated approximately 10 years ago, flows seamlessly into the living, dining, and family areas, creating an inviting space for gatherings both large and small.The second level offers three generously sized bedrooms, including a spacious primary retreat complete with a walk-in closet, private ensuite, and sunroom balcony. A fully finished basement provides valuable additional living space, ideal for recreation, a home office, guest accommodations, or multigenerational living.Beyond the home, residents enjoy easy access to some of Scarborough's most desirable amenities, including Guild Park & Gardens, the Scarborough Bluffs waterfront, Rouge National Urban Park, East View Park, local golf courses, Centennial College, and the University of Toronto Scarborough campus. Everyday conveniences are equally accessible, with shopping, restaurants, cafes, community centres, healthcare facilities, and services along the Kingston Road corridor just minutes away.Major updates include a roof (approximately 15 years), furnace (approximately 10 years), windows (approximately 10 years), air conditioner (approximately 15 years), kitchen (approximately 10 years), and refrigerator and stove (approximately 2 years). Well maintained and thoughtfully updated, 17 Payzac Avenue offers exceptional value in a location that continues to attract families, professionals, and long-term homeowners alike.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,017.65/mo

Includes CMHC insurance ($27,286)

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5-yr fixed avg.

Principal: $880,200Interest: $597,808
Mortgage Amount$907,486
Total Interest$597,808
Est. Property Tax$693/mo
Total Cost$1,505,294

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 Payzac Avenue, 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)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$693
Insurance (est.)-$204
Net Cash Flow+$1,903

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 $652/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 25 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.

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.

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 $4,075 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    17 Payzac Avenue, Rouge / Port… — $978,000 | Battaglia Team