Bsmt-157 Rouge River Drive, Toronto, ON
Rouge E11, Toronto · MLS® E13029850
About this home
Experience the perfect blend of comfort and privacy in this well-maintained 2-bedroom, 1-bathroom basement suite located in Scarborough's scenic Rouge neighbourhood. Designed for independent living, this bright unit features its own separate private entrance and the ultimate convenience of dedicated ensuite laundry. The functional layout offers 2 well-proportioned bedrooms and full 3-piece bathroom, complemented by the inclusion of 1 designated parking space. Ideally situated for nature lovers and commuters alike, this home is just minutes away from the sprawling Rouge National Urban Park and Toronto Zoo. Commuting is effortless with swift access to Highway 401 and Kingston Road, while the nearby Rouge Hill Go Station provides a reliable connection to Downtown Toronto. The surrounding community is well-served by highly-rated educational institutions, including Rouge Valley Public School and St. Dominic Savio Catholic School. Residents will find all daily essentials within easy reach, from local grocery stores and pharmacies to popular neighbourhood spots like Lamanna's Bakery. This suite offers a unique opportunity to enjoy a quiet, nature-focused lifestyle without sacrificing urban convenience. Perfect for a small family or young professionals. Tenants pay 30% utilities. No smokers. No pets.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13029850
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-1100
- Cross streets
- Sheppard & Rouge River
- Parking
- 1 parking
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick, Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Days on market
- 91
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
laminate · window · closet
laminate · pot lights · open concept
laminate · pot lights · open concept
laminate · pot lights · quartz counter
laminate · window · closet
laminate · pot lights
Listed at $1,900/mo, this rental is about 15% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.
In Rouge E11 lately, landlords have been getting about 95% of asking and homes lease in about 33 days.
There were not many closely comparable homes right in Rouge E11, so I widened the search to the surrounding area.
Based on 8 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 8 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.
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, leased for $1,750/mo
- Adjusts to $1,750/mo
That comparable adjusts to $1,750/mo; the $1,650/mo estimate above is the median of all 8 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still 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.
Total price vs nearby homes. Fair value about $1,650/mo, median of 8 comparables.
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 homes86 days longer than the Toronto average (5 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Rouge E11, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
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 23, 2026); conventional rates run a little higher.
Mortgage amount $1,520 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8
- Property tax
- $1
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10
- Toronto municipal land transfer tax
- $10
- Estimated closing costs
- $19
Plus your down payment of $380. 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
- $487
- Principal paid down
- $194
- Interest paid
- $293
- Balance remaining
- $1,326
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.