263 East Avenue, Toronto, ON

Rouge E10, Toronto · MLS® E13090706

$2,199,000
For Sale
Listed 72 days ago
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7Bedrooms
6Bathrooms
3Garage · 8 parking
3500-5000Sq Ft

About this home

Stunning Custom-Built Modern Home In The Desirable Rouge Neighborhood, Offering Over 4320sqft+1550sqft=5870sqft of living space Of Luxury Living On A Private, Tree-Lined LotA Perfect Candidate For A Future Garden Suite (Subject To Approvals). The 2nd Floor Has Never Been Occupied And Is Brand New! This 5-Year-Old Home Features An Open-Concept Layout With Oversized Windows, European Kitchen With S/S Appliances, Quartz Countertops Throughout, And Electrically Heated Flooring In All Tiled Areas (Kitchen, Living Room & Above-Grade Bathrooms). Enjoy Comfort Year-Round With A Hydronic Heated Basement Slab, Powered By 2 Recirculation Pumps On Dual Combi-Boilers. Includes Two Self-Contained Basement Apartments With Separate Entrances. One Unit Was Built To Legal Standards With Soundproofing, Resilient Channel, Large Windows, Separate HVAC, And Hardwired Smoke/CO2/Strobe System. The Second Apartment Also Features Soundproofing And Resilient Channel, With Two Access Points. Both The Main Floor And Second-Floor Primary Bedrooms Are Soundproofed. Each Apartment Has Its Own Laundry, In Addition To Laundry On The Main Floor And Second Floor. Exceptional Finishes Include 8-Ft Custom Wood Doors, 6 Wood Baseboards, And Consistent High-End Materials Throughout. Multiple Balconies Plus Roof Access Via Pull-Down HatchFuture Potential For A Glass-Enclosed Rooftop Terrace (Permits Required). Professionally Landscaped With Large Armour Stones, Interlock Front & Back, And Landscape Lighting. Fully Equipped Smart Home With Motorized Blinds, Smart Switches, Interlock Lighting, And More. Security System-Ready With Roughed-In Window Contacts, Motion Sensor Wiring, And Access Points. A Rare Opportunity To Own A High-End, Multi-Functional Home In A Sought-After Natural Setting. Endless Possibilities + Revenue Generating.

Key facts

Property type
Detached, 2-Storey
MLS®
E13090706
Bedrooms
7 (4 + 3)
Bathrooms
6 (1 half)
Size
3500-5000
Lot
58 × 157 ft
Cross streets
EAST AVENUE & LAWRENCE OR ISLAND ROAD
Parking
3 garage · 8 parking (built-in)
Driveway
Private Double
Basement
Apartment, Finished with Walk-Out
Kitchens
3 (1 + 2)
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stucco (Plaster)
Foundation
Poured Concrete
Roof
Asphalt Rolled, Membrane, Tar and Gravel
Sewer
Sewer
Property tax
$11,409 / 2025
Days on market
72
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

Bedroom 3Basement4.11 × 3.66 m

heated floor · porcelain floor · closet

KitchenBasement6.76 × 4.72 m

heated floor · porcelain floor · window

Great RoomSecond5.33 × 5.49 m

gas fireplace · hardwood floor · large window

Living RoomSecond7.71 × 5.21 m

porcelain floor · large window · overlooks frontyard

BedroomBasement4.11 × 3.66 m

heated floor · porcelain floor · window

LaundryBasement0.00 × 0.00 m

porcelain floor · quartz counter · porcelain sink

Bedroom 4Second5.56 × 3.66 m

5 pc ensuite · w/o to balcony · walk-in closet(s)

Living RoomBasement0.00 × 0.00 m

heated floor · porcelain floor · window floor to ceiling

LaundryThird0.00 × 0.00 m

porcelain floor · quartz counter · window

Bedroom 2Third6.63 × 4.37 m

walk-in closet(s) · w/o to balcony · 5 pc ensuite

BathroomBasement0.00 × 0.00 m

heated floor · porcelain floor · 3 pc bath

OfficeThird5.69 × 3.05 m

hardwood floor · overlooks backyard · open concept

Bedroom 2Basement2.59 × 3.66 m

heated floor · porcelain floor · window

Bedroom 4Third5.59 × 3.66 m

walk-in closet(s) · 3 pc ensuite · w/o to balcony

KitchenSecond6.52 × 6.71 m

quartz counter · w/o to patio · centre island

KitchenBasement7.13 × 3.72 m

heated floor · porcelain floor · quartz counter

Bedroom 3Third4.23 × 3.66 m

hardwood floor · 4 pc bath · large window

Listing history

  1. Jun 15, 2026Listed$7,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$2.51Mest. value

Listed at $2,199,000, this home is tracking about 12% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.58M, a close match.

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 $1.99M
  • Bedrooms +$60K
  • Bathrooms +$15K
  • Adjusts to $2.06M

That comparable adjusts to $2.06M; the $2.51M estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

The assigned public school is Sir Oliver Mowat Collegiate Institute. 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. East Ave at Clark Secor Pl North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2.20MGreat deal$3.06MOverpriced

Total price vs nearby homes. Fair value about $2.51M, median of 11 comparables.

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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Heated floors: comfort and a premium-finish signal.
  • Open-concept layout: modern, sought-after flow.
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
  • Value driver
  • Lifestyle
  • Worth verifying
Comparable listingsCurrently listed nearby · asking prices
$5.86Mavg asking

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

291 Byng Avenue$2.90M7 Knollview Crescent$3.98M246 Riverside Drive$6.40M335 Lytton Boulevard$7.00M7 Riverside Trail$9.00M

The 5 closest active listings nearby.

See all comparable homes
2.20MThis home2.90M3.98M6.40M7.00M9.00MThis home vs active comparables
Live market pulseActive comparables in Rouge E10 · median list $1.25M
$517this home / sqft
11active listings nearby
72days on market

This home lists 27% below the area average of $712/sqft.

71 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Rouge E10, 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

75/ 100

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: East Ave at Clark Secor Pl North Side, about 58 m away

20+ transit stops2 grocery20+ dining15 parks8 pharmacies

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.

Cliffcrest
$1.51M
Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
High Park-Swansea
$4.99M

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 Sir Oliver Mowat Collegiate Institute
70%
Sir Oliver Mowat Collegiate InstitutePublic · Secondary · 1.4 km awayAround the GTA average · 70% meet the provincial standard
Joseph Howe Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$10,022/mo
$415KIncome needed
5.3×Price ÷ income
$2,313Weekly 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.

91%mortgage
Mortgage $10,022Property tax $951Total carry $10,973

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,388per month

Mortgage amount $1,759,200 · 4.14% over 25 years

$439,800Down payment (20.0%)
$1,759,200Loan before insurance
$0CMHC premium
$10,338Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,388
Property tax
$951
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,338

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

One-time closing costs

Ontario land transfer tax
$41,450
Toronto municipal land transfer tax
$41,450
Estimated closing costs
$82,900

Plus your down payment of $439,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,402/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

$1,057,123Total interest paid
$2,816,323Total of all payments
Principal $1,759,200 Interest $1,057,123
YearPrincipalInterestBalance
1$41,212$71,441$1,717,988
2$42,936$69,717$1,675,052
3$44,732$67,921$1,630,320
4$46,603$66,050$1,583,718
5$48,552$64,101$1,535,165
6$50,583$62,070$1,484,582
7$52,699$59,954$1,431,884
8$54,903$57,750$1,376,980
9$57,200$55,453$1,319,781
10$59,592$53,061$1,260,189
11$62,085$50,568$1,198,104
12$64,682$47,971$1,133,422
13$67,387$45,266$1,066,035
14$70,206$42,447$995,829
15$73,143$39,510$922,686
16$76,202$36,451$846,484
17$79,390$33,263$767,094
18$82,710$29,943$684,384
19$86,170$26,483$598,214
20$89,774$22,879$508,440
21$93,529$19,124$414,910
22$97,442$15,211$317,469
23$101,517$11,136$215,951
24$105,764$6,889$110,188
25$110,188$2,465$0

At the end of your 5-year term

Total paid over the term
$563,265
Principal paid down
$224,035
Interest paid
$339,230
Balance remaining
$1,535,165

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$7,350/mo
$88,200Gross annual rent
3.0%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

4.0%
Gross yield
− Property tax $11,409− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $65,689

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

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