507 Rushton Road, Toronto, ON

Humewood-Cedarvale, Toronto · MLS® C14082806

$1,378,000
For Sale
Listed 4 days agoNo offer date stated
3Bedrooms
2Bathrooms
2Parking
700-1100Sq ft

About this home

In short

  • A Rushton Road Gem - Beautifully Renovated, Exceptional Parking & Endless Possibilities.
  • Fall in love with this beautifully renovated home on Rushton Road, one of Toronto's most charming and sought-after residential streets.
  • Thoughtfully updated with style and comfort in mind, this inviting home features high-efficiency brand-new windows, a brand-new entrance door, elegant wide-plank...
  • A truly rare find, the property offers coveted two-car parking-an exceptional advantage in this sought-after neighborhood along with exciting potential to explore the...

A Rushton Road Gem - Beautifully Renovated, Exceptional Parking & Endless Possibilities! Fall in love with this beautifully renovated home on Rushton Road, one of Toronto's most charming and sought-after residential streets! Thoughtfully updated with style and comfort in mind, this inviting home features high-efficiency brand-new windows, a brand-new entrance door, elegant wide-plank flooring, fresh paint throughout, and brand-new Kitchen Appliances. Significant investment in landscaping enhances the home's curb appeal, creating a welcoming first impression inside and out. ABOVE AVERAGE HOME INSPECTION AVAILABLE. A truly rare find, the property offers coveted two-car parking-an exceptional advantage in this sought-after neighborhood along with exciting potential to explore the addition of a laneway suite, subject to applicable approvals and zoning requirements. But what truly sets this home apart is its incredible Rushton Road lifestyle. Enjoy a wonderful, established neighborhood atmosphere where tree-lined streets, community charm, and everyday conveniences come together. Families will appreciate the walkable access to highly regarded Leo Baeck Day School and Humewood Community School, while food lovers can explore the area's fantastic local restaurants, cozy cafés, and irresistible ice cream spots. From casual neighborhood outings to weekend strolls and family adventures, this location offers the best of Toronto living right at your doorstep. Stylish updates, rare parking, future potential, and an exceptional neighbourhood-all on Rushton Road. A wonderful opportunity to own a move-in-ready home in a location you'll love!

Key facts

Property type
Detached, 2-Storey
MLS®
C14082806
Bedrooms
3
Bathrooms
2
Size
700-1100 sq ft
Lot
20 × 120 ft
Cross streets
St. Clair And Rushton
Parking
2 parking
Driveway
Lane
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,760 / 2026
Days on market
4
Listing brokerage
MCCANN REALTY GROUP LTD.

Rooms

KitchenMain4.42 × 2.38 m

renovated · stainless steel appl · overlooks dining

Bedroom 3Second3.66 × 2.26 m

hardwood floor · closet · window

RecreationBasement4.62 × 4.01 m

laminate · window · open concept

FoyerMain3.97 × 1.70 m

hardwood floor · pot lights · window

Living RoomMain4.42 × 3.05 m

hardwood floor · overlooks dining · pot lights

Dining RoomMain4.42 × 2.54 m

hardwood floor · overlooks living · w/o to deck

Bedroom 2Second2.85 × 2.75 m

hardwood floor · window

Primary BedroomSecond4.19 × 3.97 m

hardwood floor · walk-in closet(s) · window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The 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.

What sellers nearby are askingCurrently listed nearby in Humewood-Cedarvale · asking prices
$1.63Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $1,430/sqft; this home lists at $1,531/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.38MThis home1.29M1.13M1.70M2.19M1.82MThis home vs active comparables

Neighbourhood & location

Humewood-Cedarvale, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$1.25M
Leaside
$2.15M
St. Andrew-Windfields
$4.10M
Banbury-Don Mills
$5.50M
Stonegate-Queensway
$2.25M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Humewood Community School
75%
Humewood Community SchoolPublic · Elementary · 0.1 km awayAbove the GTA average · 75% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Rawlinson Community School · Public elementary0.9 km · 63% at standard
McMurrich Junior Public School · Public elementary1.0 km · 81% at standard
Cedarvale Community School · Public elementary1.1 km · 85% at standard
Winona Drive Senior Public School · Public elementary1.1 km
J R Wilcox Community School · Public elementary1.1 km · 72% at standard
D'Arcy McGee Catholic School · Catholic elementary1.2 km · 48% at standard
St Clare Catholic School · Catholic elementary1.2 km · 72% at standard
Holy Rosary Catholic School · Catholic elementary1.3 km · 89% at standard
Hillcrest Community School · Public elementary1.4 km · 85% at standard
Stella Maris Catholic School · Catholic elementary1.4 km · 76% at standard
St Bruno/St. Raymond Catholic School · Catholic elementary1.5 km · 56% at standard
Forest Hill Junior and Senior Public School · Public elementary1.6 km · 82% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,280/mo
$260KIncome needed
5.3×Price ÷ income
$1,449Weekly cost
$48,070Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

92%mortgage
Mortgage $6,280Property tax $563Total carry $6,844

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,095per month

Mortgage amount $1,102,400 · 4.49% over 25 years

$275,600Down payment (20.0%)
$1,102,400Loan before insurance
$0CMHC premium
$6,659Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,095
Property tax
$563
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,659

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$24,035
Toronto municipal land transfer tax
$24,035
Estimated closing costs
$48,070

Plus your down payment of $275,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,377/monthPayment at the qualifying rate

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

$726,208Total interest paid
$1,828,608Total of all payments
Principal $1,102,400 Interest $726,208
YearPrincipalInterestBalance
1$24,601$48,543$1,077,799
2$25,718$47,426$1,052,081
3$26,886$46,259$1,025,196
4$28,106$45,038$997,089
5$29,382$43,762$967,707
6$30,716$42,428$936,991
7$32,111$41,033$904,879
8$33,569$39,575$871,310
9$35,093$38,051$836,217
10$36,687$36,458$799,530
11$38,352$34,792$761,178
12$40,094$33,051$721,084
13$41,914$31,230$679,170
14$43,817$29,327$635,353
15$45,807$27,338$589,546
16$47,886$25,258$541,660
17$50,061$23,084$491,599
18$52,334$20,811$439,265
19$54,710$18,434$384,556
20$57,194$15,950$327,362
21$59,791$13,354$267,571
22$62,505$10,639$205,066
23$65,343$7,801$139,722
24$68,310$4,834$71,412
25$71,412$1,732$0

At the end of your 5-year term

Total paid over the term
$365,722
Principal paid down
$134,693
Interest paid
$231,029
Balance remaining
$967,707

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.

Let's connect

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

Rental yield
Estimate$1,450/mo
$17,400Gross annual rent
0.5%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

1.3%
Gross yield
− Property tax $6,760− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $7,326

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of MCCANN REALTY GROUP LTD.. MLS®/PropTx.

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