$2,199,000 - 263 East Avenue, Rouge
Detached for Sale in Rouge
41 days on market- MLS Number
- E13090706
- Property Type
- Detached
- Status
- active
- Days on Site
- 41
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Lot Size
- 8,600 sqft
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Stunning Custom-Built Modern Home In The Desirable Rouge Neighborhood, Offering Over 4320sqft+1550sqft=5870sqft of living space Of Luxury Living On A Private, Tree-Lined LotA Perfect Candidate For A Future Garden Suite (Subject To Approvals). The 2nd Floor Has Never Been Occupied And Is Brand New! This 5-Year-Old Home Features An Open-Concept Layout With Oversized Windows, European Kitchen With S/S Appliances, Quartz Countertops Throughout, And Electrically Heated Flooring In All Tiled Areas (Kitchen, Living Room & Above-Grade Bathrooms). Enjoy Comfort Year-Round With A Hydronic Heated Basement Slab, Powered By 2 Recirculation Pumps On Dual Combi-Boilers. Includes Two Self-Contained Basement Apartments With Separate Entrances. One Unit Was Built To Legal Standards With Soundproofing, Resilient Channel, Large Windows, Separate HVAC, And Hardwired Smoke/CO2/Strobe System. The Second Apartment Also Features Soundproofing And Resilient Channel, With Two Access Points. Both The Main Floor And Second-Floor Primary Bedrooms Are Soundproofed. Each Apartment Has Its Own Laundry, In Addition To Laundry On The Main Floor And Second Floor. Exceptional Finishes Include 8-Ft Custom Wood Doors, 6 Wood Baseboards, And Consistent High-End Materials Throughout. Multiple Balconies Plus Roof Access Via Pull-Down HatchFuture Potential For A Glass-Enclosed Rooftop Terrace (Permits Required). Professionally Landscaped With Large Armour Stones, Interlock Front & Back, And Landscape Lighting. Fully Equipped Smart Home With Motorized Blinds, Smart Switches, Interlock Lighting, And More. Security System-Ready With Roughed-In Window Contacts, Motion Sensor Wiring, And Access Points. A Rare Opportunity To Own A High-End, Multi-Functional Home In A Sought-After Natural Setting. Endless Possibilities + Revenue Generating.
Estimate your monthly payments for this property
Estimated Payment
$9,726.92/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.
263 East Avenue, 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 $628/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 41 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.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 6 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.