429 Rouge Hills Drive, Toronto, ON

Rouge E10, Toronto · MLS® E13227856

$875,000
For Sale
Listed 45 days ago
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3Bedrooms
2Bathrooms
1Garage · 2 parking
1500-2000Sq Ft

About this home

Your cottage in the woods awaits. Backing onto the beautiful Rouge River Valley in the prime West Rouge Lakeside Community, this home offers a rare opportunity to live adjacent to Rouge National Urban Park - an urban wilderness just moments from the center of Canada's largest metropolis. The property features approximately 1,797 sq. ft. of above-ground living space with a stunning forest view. Originally built in 1935. The home includes three bedrooms, two bathrooms, and large living and dining areas. The huge family room features a vaulted ceiling and a walk-out to a deck overlooking the ravine. A solarium also is built off the deck. Easy access to the 401, TTC buses, Rouge GO Train Station, and shopping. It is also near excellent schools, the Black Dog Pub, local restaurants, the beach, and waterfront trails along the lake. Property is being sold in "AS IS, WHERE IS CONDITION" with No Warranties.

Key facts

Property type
Detached, Bungalow
MLS®
E13227856
Bedrooms
3
Bathrooms
2
Size
1500-2000
Lot
60 × 165.56 ft
Cross streets
Rouge Hills Dr/ Island Rd
Parking
1 garage · 2 parking (carport)
Driveway
Private
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Other
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,504 / 2026
Days on market
45
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Bedroom 3Main2.71 × 3.25 m

w/o to ravine · closet

Living RoomMain4.79 × 5.22 m

hardwood floor · fireplace · w/o to yard

Bedroom 2Main3.60 × 2.76 m

Closet

Dining RoomMain4.76 × 4.06 m

Hardwood Floor

KitchenMain3.11 × 4.42 m

Irregular Room

Family RoomMain4.64 × 6.46 m

vaulted ceiling(s) · ceramic floor · w/o to deck

Primary BedroomMain3.60 × 3.11 m

Closet

SolariumMain3.30 × 4.01 m

W/O To Deck

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. 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.

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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. East Ave at Kirkdene Dr is about a 7-minute walk away.

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.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Worth verifying
  • Weigh carefully
Comparable listingsCurrently listed nearby · asking prices
$1.06Mavg asking

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

145 Parkview Avenue$1.20M20 Tayrow Road$900k4 Gatesgill Crescent$1.08M

The 3 closest active listings nearby.

See all comparable homes
875kThis home1.20M900k1.08MThis home vs active comparables
Live market pulseActive comparables in Rouge E10 · median list $1.39M
$500this home / sqft
6active listings nearby
45days on market

This home lists 37% below the area average of $800/sqft.

44 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

58/ 100

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.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: East Ave at Kirkdene Dr, about 540 m away

20+ transit stops3 grocery20+ dining13 parks5 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 · 2.2 km awayAround the GTA average · 70% meet the provincial standard
West Rouge Junior Public SchoolEQAO results not published
Joseph Howe Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,988/mo
$167KIncome needed
5.2×Price ÷ income
$920Weekly 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 $3,988Property tax $375Total carry $4,363

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,735per month

Mortgage amount $700,000 · 4.14% over 25 years

$175,000Down payment (20.0%)
$700,000Loan before insurance
$0CMHC premium
$4,111Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,735
Property tax
$375
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,111

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

One-time closing costs

Ontario land transfer tax
$13,975
Toronto municipal land transfer tax
$13,975
Estimated closing costs
$27,950

Plus your down payment of $175,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,537/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

$420,638Total interest paid
$1,120,638Total of all payments
Principal $700,000 Interest $420,638
YearPrincipalInterestBalance
1$16,399$28,427$683,601
2$17,085$27,741$666,517
3$17,799$27,026$648,718
4$18,544$26,282$630,174
5$19,319$25,506$610,855
6$20,127$24,698$590,727
7$20,969$23,856$569,758
8$21,846$22,979$547,912
9$22,760$22,065$525,152
10$23,712$21,113$501,439
11$24,704$20,121$476,735
12$25,737$19,088$450,998
13$26,814$18,012$424,184
14$27,936$16,890$396,248
15$29,104$15,721$367,144
16$30,321$14,504$336,823
17$31,590$13,236$305,233
18$32,911$11,914$272,322
19$34,288$10,538$238,034
20$35,722$9,104$202,312
21$37,216$7,609$165,096
22$38,773$6,053$126,323
23$40,395$4,431$85,929
24$42,084$2,741$43,845
25$43,845$981$0

At the end of your 5-year term

Total paid over the term
$224,128
Principal paid down
$89,145
Interest paid
$134,982
Balance remaining
$610,855

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$3,150/mo
$37,800Gross annual rent
3.2%Est. cap rate

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.

4.3%
Gross yield
− Property tax $4,504− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $27,738

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

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