Main-117 Rouge River Drive, Toronto, ON

Rouge E11, Toronto · MLS® E12972902

$3,500/mo
For Lease
Listed 102 days ago
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4Bedrooms
3Bathrooms
1Garage
1500-2000Sq Ft

About this home

Beautifully maintained and spacious main and 2nd floor residence in one of Scarborough's most sought-after, family-friendly neighbourhoods, ideally located near the scenic Rouge Valley. Nestled in a quiet and convenient pocket, this home offers the perfect combination of comfort, space, and unbeatable location. Enjoy exceptional accessibility with quick connections to Highway 401, TTC transit, top-rated schools, parks, shopping, hospitals, and all essential amenities, making everyday living seamless and highly convenient. This bright and functional home features generous living and dining areas, a modern kitchen with ample cabinetry, and large windows throughout that flood the space with natural light. The second floor offers well-sized bedrooms with plenty of closet space, ideal for families or professionals seeking both comfort and practicality. With the added benefit of a private, separate living space and parking, this property provides a peaceful residential setting while still being close to everything you need. Perfectly suited for families or working professionals, this home stands out for its prime location, excellent layout, and proximity to key amenities, making it a rare opportunity in a high-demand Scarborough neighbourhood.

Key facts

Property type
Townhouse, 2-Storey
MLS®
E12972902
Bedrooms
4
Bathrooms
3 (1 half)
Size
1500-2000
Cross streets
Morningside/ Sheppard Ave E.
Parking
1 garage (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle, Unknown
Sewer
Sewer
Days on market
102
Listing brokerage
TFN REALTY INC.

Rooms

Dining RoomMain4.00 × 6.00 m

Combined w/Living

KitchenMain3.00 × 2.40 m

Tile Floor

BreakfastMain3.00 × 2.40 m

Combined w/Kitchen

Bedroom 4Second2.80 × 3.00 m

Closet

Primary BedroomSecond4.50 × 4.00 m

W/W Closet

Bedroom 2Second3.00 × 3.00 m

Closet

Family RoomMain3.70 × 3.70 m

Hardwood Floor

Living RoomMain4.00 × 6.00 m

Combined w/Dining

Bedroom 3Second3.70 × 2.80 m

Closet

Moe’s TakeTeam Asgarian · Broker
Below comparables
$4,100/moest. value

Listed at $3,500/mo, this rental is about 15% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in Rouge E11, so I widened the search to the surrounding area.

Based on 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $3,900/mo
  • Bedrooms +$150/mo
  • Adjusts to $4,050/mo

That comparable adjusts to $4,050/mo; the $4,100/mo estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

Its public catchment (Alvin Curling Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

List price
$3,500/moBelow market$5,550/moAbove market

Total price vs nearby homes. Fair value about $4,100/mo, median of 5 comparables.

Comparable listingsCurrently listed nearby · asking prices
$4,640avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

21 Kenneth Wood Crescent$4,20017 Protea Gardens$3,9004662 Kingston Road$3,30029 Draper Street$6,50068 Macpherson Avenue$5,300

The 5 closest active listings nearby.

See all comparable homes
3,500This home4,2003,9003,3006,5005,300This home vs active comparables
Live market pulseActive comparables in Rouge E11 · median list $3K
6active listings nearby
102days on market

89 days longer than the Toronto average (13 days).

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Rouge E11, 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.

Getting around

0/ 100

Car-DependentA 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.

Almost all errands require a car.

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Clairlea-Birchmount
$3K
Willowdale East
$4K
South Riverdale
$5K
Annex
$5K
Moss Park
$2K

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 Alvin Curling Public School
78%
Alvin Curling Public SchoolPublic · Elementary · 0.5 km awayAbove the GTA average · 78% meet the provincial standard
West Hill Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$16/mo
$4KIncome needed
0.8×Price ÷ income
$4Weekly cost
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.

88%mortgage
Mortgage $16Property tax $2Total carry $18

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15per month

Mortgage amount $2,800 · 4.14% over 25 years

$700Down payment (20.0%)
$2,800Loan before insurance
$0CMHC premium
$17Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17

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

One-time closing costs

Ontario land transfer tax
$18
Toronto municipal land transfer tax
$18
Estimated closing costs
$35

Plus your down payment of $700. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18/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

$1,683Total interest paid
$4,483Total of all payments
Principal $2,800 Interest $1,683
YearPrincipalInterestBalance
1$66$114$2,734
2$68$111$2,666
3$71$108$2,595
4$74$105$2,521
5$77$102$2,443
6$81$99$2,363
7$84$95$2,279
8$87$92$2,192
9$91$88$2,101
10$95$84$2,006
11$99$80$1,907
12$103$76$1,804
13$107$72$1,697
14$112$68$1,585
15$116$63$1,469
16$121$58$1,347
17$126$53$1,221
18$132$48$1,089
19$137$42$952
20$143$36$809
21$149$30$660
22$155$24$505
23$162$18$344
24$168$11$175
25$175$4$0

At the end of your 5-year term

Total paid over the term
$897
Principal paid down
$357
Interest paid
$540
Balance remaining
$2,443

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.

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

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