$758,000 - 46 Melchior Drive, Rouge
Detached for Sale in Rouge
New — Listed 2 days ago- MLS Number
- E13414994
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Listing Brokerage
- RE/MAX ROUGE RIVER REALTY LTD.
Wow! One-of-a-Kind West Hill Bungalow! Over 2100 sq feet of living space plus a 450 sq ft garage with additional loft storage. This home is nestled on a quiet, family-friendly street, and has been lovingly maintained by the same family for over 60 years-and it shows. Offering 3 generous bedrooms, formal living and dining rooms, and pride of ownership throughout, this is a rare opportunity to own a truly special home.The standout tandem drive-through heated garage is fully insulated, equipped with extra power, and features a convenient storage loft-perfect for hobbyists, car enthusiasts, or additional storage needs. Outside, the beautifully maintained property is enhanced by an in-ground sprinkler system, making lawn care effortless.The separate side entrance leads to a fully finished basement featuring a spacious recreation room with a cozy gas fireplace, a large additional room that could serve as a bedroom, office, or hobby space, complete with a wall of built-in storage. The oversized mechanical room offers even more built-in storage and includes a 3-piece bathroom.Major updates have already been completed, including updated mechanical systems, newer windows, and a newer roof, providing peace of mind for years to come.A truly remarkable home with endless possibilities-move in and enjoy this summer!
Estimate your monthly payments for this property
Estimated Payment
$3,888.93/mo
Includes CMHC insurance ($21,148)
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.
46 Melchior Drive, 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
Fair Market Value
At $1083/sqft, this property is priced in line with current Rouge market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Rouge. Good resale value as demand remains consistent.
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 $3,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.