507 Rushton Road, Toronto, ON
Humewood-Cedarvale, Toronto · MLS® C13538712
About this home
A Charming Detached Home & The Perfect Condo Alternative In The Heart Of Humewood-Cedarvale! Welcome To 507 Rushton Road, Where Character, Comfort, And Convenience Come Together In One Of Toronto's Most Desirable Neighbourhoods. This Beautifully Maintained Home Offers Bright, Functional Living Space Filled With Natural Light, Original Charm, And Thoughtful Updates Throughout. The Inviting Main Floor is Open Concept with Hardwood Floors, And A Seamless Flow For Everyday Living And Entertaining. The Updated Kitchen with Stainless Steel appliances Opens To Dining area which walks out to the Private Backyard Retreat, Ideal For Summer Gatherings, Gardening, Or Simply Relaxing Outdoors. Upstairs, Generous Bedrooms Provide Comfortable Family Living, While The Finished Lower Level Offers Flexible Space For A Recreation Room, or Home Office or Gym. The Property Includes Convenient Laneway Parking and added perk presenting multiple options, Providing Easy Access And Added Value. Whether You're A First-Time Buyer, Downsizer, Young Family, Or Professional Seeking More Space Than A Condo Without Sacrificing Location, This Home Checks All The Boxes. Located Just Steps To St. Clair West's Vibrant Shops, Cafés, Restaurants, Transit, Parks, Cedarvale Ravine, And Excellent Schools. Enjoy The Best Of Urban Living With A Warm Neighborhood Feel. Why Settle For A Condo When You Can Own A Detached Home With Private Outdoor Space, Laneway Parking, And Endless Charm In One Of Toronto's Most Established Communities?
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- C13538712
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 20 × 120 ft
- Cross streets
- St. Clair And Rushton
- Parking
- 1 garage · 2 parking (detached)
- Driveway
- Lane
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $6,644 / 2025
- Days on market
- 9
- Listing brokerage
- MCCANN REALTY GROUP LTD.
Rooms
hardwood floor · walk-in closet(s) · window
hardwood floor · pot lights · window
hardwood floor · closet · window
laminate · window · open concept
hardwood floor · window
hardwood floor · overlooks dining · pot lights
hardwood floor · overlooks living · w/o to deck
renovated · stainless steel appl · overlooks dining
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Humewood Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Vaughan Rd at Humewood Dr is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Worth verifying
- Value driver
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 34% above the area average of $992/sqft.
8 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Humewood-Cedarvale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Vaughan Rd at Humewood Dr, about 251 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $959,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,119
- Property tax
- $554
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,672
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $20,455
- Toronto municipal land transfer tax
- $20,455
- Estimated closing costs
- $40,910
Plus your down payment of $239,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $307,119
- Principal paid down
- $122,154
- Interest paid
- $184,964
- Balance remaining
- $837,046
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MCCANN REALTY GROUP LTD.. MLS®/PropTx.