$950,000 - 55 Falaise Road, Rouge
Detached for Sale in Rouge
New — Listed yesterday- MLS Number
- E12893100
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Listing Brokerage
- LANDPOWER REAL ESTATE LTD.
A rare opportunity to own a versatile detached home with multiple income-generating units, situated on a large, deep lot with an expansive backyard. Originally a bungalow with two bedrooms and functional living spaces, the home has been expanded to maximize flexibility and rental potential with two separate basement apartments, each featuring a private entrance, kitchen, washroom, and bedroom. The property includes a two-storey side addition with a self-contained apartment offering a kitchen, two bedrooms on the upper level, and a private bath. The generous backyard offers excellent outdoor space and includes a detached shed and a freestanding gazebo, ideal for storage and entertaining. Well-suited for investors, multi-generational living, or owner-occupiers seeking income offset, this property delivers exceptional value and long-term potential. Conveniently located, easy access to 401. Minutes from shopping centers, transit, parks, restaurants, UofT Scarborough, Centennial College. Seller does not guarantee retrofit status of the property.
Estimate your monthly payments for this property
Estimated Payment
$4,873.99/mo
Includes CMHC insurance ($26,505)
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.
55 Falaise Road, 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 25+ years of GTA real estate experience
Competitive Pricing
At $633/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.
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.
Excellent Flexibility
With 6 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 $3,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.