59 Bobmar Road, Toronto E10

Price: $1,250,000

5 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13085442

Stunning Detached Home- A Perfect Blend of Luxury and Comfort! Welcome to 59 Bobmar, a beautifully upgraded detached home nestled on a premium 50 ft x 180 ft cottage-style lot. This exceptional property is designed for both entertaining and everyday living, featuring a modern open-concept layout that is sure to impress. Step into a gourmet kitchen that any professional chef would envy, equipped with top-of-the-line appliances including a 48" Ventahood, a 48"Miele Range with an oven/microwave combo, a built-in Miele dishwasher, and a built-in Miele fridge. The kitchen boasts a stylish pot filler and an elegant quartz counter-top and backsplash, making it both functional and visually appealing. The spacious dining area, enhanced by a skylight, invites ample natural light, creating the perfect atmosphere for gatherings. The living room seamlessly connects to a large outdoor deck, ideal for hosting parties or enjoying a serene afternoon in the expansive backyard-perfect for entertaining guests or simply relaxing in privacy. The property features three modern, renovated bathrooms and four beautifully upgraded bedrooms, ensuring comfort and style throughout. This home is not only ideal for end-users ready to move in, but also presents an incredible opportunity for investors and builders. The generous lot size opens the door for potential redevelopment into a magnificent mansion or semi-detached units. Additionally, buyers may explore the possibility of constructing a laneway house for extra income. The home comes with some smart home features such as an Ecobee thermostat, smart door lock, and voice-controlled power blinds enhance convenience and modern living. Recent mechanical updates, including a new roof (2020), A/C (2023), and a water heater (2021). Walkable distance to the University of Toronto Scarborough, TTC, Highland Creek Village, Colonel Danforth Park, and with quick access to highways 401 and 407 Don't miss the chance to make this exquisite home yours!

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active
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$1,250,000 - 59 Bobmar Road, Rouge

Detached for Sale in Rouge

41 days on market
5Beds
3Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13085442
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
5
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Rouge / Port Union / Malvern
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Stunning Detached Home- A Perfect Blend of Luxury and Comfort! Welcome to 59 Bobmar, a beautifully upgraded detached home nestled on a premium 50 ft x 180 ft cottage-style lot. This exceptional property is designed for both entertaining and everyday living, featuring a modern open-concept layout that is sure to impress. Step into a gourmet kitchen that any professional chef would envy, equipped with top-of-the-line appliances including a 48" Ventahood, a 48"Miele Range with an oven/microwave combo, a built-in Miele dishwasher, and a built-in Miele fridge. The kitchen boasts a stylish pot filler and an elegant quartz counter-top and backsplash, making it both functional and visually appealing. The spacious dining area, enhanced by a skylight, invites ample natural light, creating the perfect atmosphere for gatherings. The living room seamlessly connects to a large outdoor deck, ideal for hosting parties or enjoying a serene afternoon in the expansive backyard-perfect for entertaining guests or simply relaxing in privacy. The property features three modern, renovated bathrooms and four beautifully upgraded bedrooms, ensuring comfort and style throughout. This home is not only ideal for end-users ready to move in, but also presents an incredible opportunity for investors and builders. The generous lot size opens the door for potential redevelopment into a magnificent mansion or semi-detached units. Additionally, buyers may explore the possibility of constructing a laneway house for extra income. The home comes with some smart home features such as an Ecobee thermostat, smart door lock, and voice-controlled power blinds enhance convenience and modern living. Recent mechanical updates, including a new roof (2020), A/C (2023), and a water heater (2021). Walkable distance to the University of Toronto Scarborough, TTC, Highland Creek Village, Colonel Danforth Park, and with quick access to highways 401 and 407 Don't miss the chance to make this exquisite home yours!

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Estimate your monthly payments for this property

Estimated Payment

$5,529.17/mo

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5-yr fixed avg.

Principal: $1,000,000Interest: $658,751
Mortgage Amount$1,000,000
Total Interest$658,751
Est. Property Tax$885/mo
Total Cost$1,658,751

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

59 Bobmar Road, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$2,455

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

Fair Market Value

At $833/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.

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.

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 3 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 $5,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    59 Bobmar Road, Rouge / Port… — $1,250,000 | Battaglia Team