38 Centennial Road, Toronto E10

Price: $1,574,900

5 bedrooms, 5 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: E13212624

You don't usually find this kind of land anymore. Nearly half an acre, dropping into a ravine out back. No neighbours. No noise. Just trees, sky, deer and birds on a west-facing backyard that earns its keep every evening when the sun starts to set. A custom-built home, lived in properly; enjoyed, not dressed up for resale. Well maintained and ready for what's next. Inside, a layout that does what it's supposed to do. Almost 5,000 square feet of enjoyable total living space. Separate living, dining rooms, each with its own character. Bow windows with window seats that actually get used. Light shines in where you want it. Everyone can gather in an impressive family room, overlooking nature, warmed by a wood-burning fireplace and walkout to an elevated deck. A family-sized eat-in kitchen with peninsula breakfast bar, built-in oven, pantry storage, and a dedicated breakfast area. Walkout to the deck-one from the kitchen, and as mentioned, one from the family room-because that's how people actually live. Upstairs, a proper primary bedroom with a 4-piece ensuite with heated floors, step-up jetted soaker tub and separate shower. Two additional bedrooms with double closets (one is an unexpected walk-in) and a full family bath. Above the garage, a separate upper-level suite. Bright, vaulted ceilings, skylights, dormers with storage, and a 3-piece washroom with heated floors. Use it as a home office, art studio, in-law space, separate living quarters; whatever it's needed to be. Partly finished walkout basement with an additional bedroom, above-grade windows and direct backyard access. 3-car garage with rear roll-up utility door. 6-car driveway, no sidewalk. Separate breezeway entrance. Retractable awning. Central air, high-efficiency gas furnace (2015), humidifier, fresh air exchanger, central vacuum, intercom, and whole-home water filtration. Ravine-backed. West-facing. Nearly half an acre. You can change a house. You don't get another shot at this lot.

38 Centennial Road - Detached photo 1 of 44 in Rouge / Port Union / Malvern, Ontario
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$1,574,900 - 38 Centennial Road, Rouge

Detached for Sale in Rouge

5Beds
5Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
E13212624
Property Type
Detached
Status
active
Days on Site
17
Bedrooms
5
Bathrooms
5
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Rouge / Port Union / Malvern
Listing Brokerage
REAL ESTATE HOMEWARD
Description

You don't usually find this kind of land anymore. Nearly half an acre, dropping into a ravine out back. No neighbours. No noise. Just trees, sky, deer and birds on a west-facing backyard that earns its keep every evening when the sun starts to set. A custom-built home, lived in properly; enjoyed, not dressed up for resale. Well maintained and ready for what's next. Inside, a layout that does what it's supposed to do. Almost 5,000 square feet of enjoyable total living space. Separate living, dining rooms, each with its own character. Bow windows with window seats that actually get used. Light shines in where you want it. Everyone can gather in an impressive family room, overlooking nature, warmed by a wood-burning fireplace and walkout to an elevated deck. A family-sized eat-in kitchen with peninsula breakfast bar, built-in oven, pantry storage, and a dedicated breakfast area. Walkout to the deck-one from the kitchen, and as mentioned, one from the family room-because that's how people actually live. Upstairs, a proper primary bedroom with a 4-piece ensuite with heated floors, step-up jetted soaker tub and separate shower. Two additional bedrooms with double closets (one is an unexpected walk-in) and a full family bath. Above the garage, a separate upper-level suite. Bright, vaulted ceilings, skylights, dormers with storage, and a 3-piece washroom with heated floors. Use it as a home office, art studio, in-law space, separate living quarters; whatever it's needed to be. Partly finished walkout basement with an additional bedroom, above-grade windows and direct backyard access. 3-car garage with rear roll-up utility door. 6-car driveway, no sidewalk. Separate breezeway entrance. Retractable awning. Central air, high-efficiency gas furnace (2015), humidifier, fresh air exchanger, central vacuum, intercom, and whole-home water filtration. Ravine-backed. West-facing. Nearly half an acre. You can change a house. You don't get another shot at this lot.

Mortgage Calculator

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Estimated Payment

$6,966.31/mo

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5-yr fixed avg.

Principal: $1,259,920Interest: $829,974
Mortgage Amount$1,259,920
Total Interest$829,974
Est. Property Tax$1,116/mo
Total Cost$2,089,894

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

38 Centennial Road, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$1,116
Insurance (est.)-$328
Net Cash Flow+$3,006

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 $450/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.

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 5 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 5 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.

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    38 Centennial Road, Rouge / P… — $1,574,900 | Battaglia Team