$1,189,900 - 37 Tarsus Crescent, Rouge
Detached for Sale in Rouge
34 days on market- MLS Number
- E13097712
- Property Type
- Detached
- Status
- active
- Days on Site
- 34
- Bedrooms
- 7
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Listing Brokerage
- HOMELIFE/FUTURE REALTY INC.
Prime Investment Opportunity In Highly Desirable Highland Creek!Spacious 4+3 Bedroom Detached Home Featuring A Finished Basement With Separate Entrance - Ideal For Multi-Generational Living Or Strong Rental Income Potential. Legal Basement Apartment With Permit.Bright, Upgraded Kitchen With Custom Cabinetry & Eat-In Area. Hardwood Flooring On Main Level. Functional Layout With 4 Generous Bedrooms Plus An Additional Room On The Second Floor Perfect For A Home Office Or Extra Rental Space.Main Floor Currently Configured With 2 Bedrooms - Easily Convertible Back To Family Room, Living Room & Dining Room Layout If Desired.Finished Basement Offers Excellent Potential For An In-Law Suite Or Income-Generating Unit.Located In A High-Demand Rental Area Just Minutes To University Of Toronto Scarborough, Centennial College, Toronto Pan Am Sports Centre & Steps To Toronto Transit Commission. Easy Access To Highway 401.Excellent Opportunity For Investors Seeking Strong Cash Flow In A Consistently High-Demand Location.
Estimate your monthly payments for this property
Estimated Payment
$5,263.33/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.
37 Tarsus Crescent, 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 $595/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 34 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 $4,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.