263 East Avenue, Toronto, ON
Rouge E10, Toronto · MLS® E13446194
About this home
Stunning Custom-Built Modern Home for Lease in the Desirable Rouge Neighborhood. Enjoy the Mainand Second Floors of this exceptional residence, offering approximately 4,320 sq. ft. of luxurious living space on a private, tree-lined lot. The second floor has never been occupied and is brand new. This 5-year-old home features a bright open-concept layout with oversized windows, a European-inspired kitchen with stainless steel appliances, quartz countertops throughout, and electrically heated flooring in all tiled areas, including the kitchen, living room, and above-grade bathrooms. Designed for year-round comfort, the home offers premium construction and high-end finishes throughout, including 8-ft custom wood doors, 6-inch wood baseboards, and superior craftsmanship. The primary bedrooms on both the main and second floors feature sound proofingfor enhanced privacy and comfort. Convenience is unmatched with separate laundry facilities on both the main and second floors. Multiple balconies provide inviting outdoor spaces, while the professionally landscaped grounds showcase large armour stones, interlock front and rear patios, and elegant landscape lighting. This fully equipped smart home includes motorized blinds, smart switches, integrated lighting controls, and is security-system ready with roughed-in window contacts, motion sensor wiring, and access points. A rare opportunity to lease a high-end home in one of Rouge's most sought-after natural settings, offering luxury, privacy, and modern living at its finest.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- E13446194
- Bedrooms
- 4
- Bathrooms
- 5 (1 half)
- Size
- 3500-5000
- Lot
- 58 × 157 ft
- Cross streets
- EAST AVENUE & LAWRENCE OR ISLAND ROAD
- Parking
- 2 garage · 4 parking (built-in)
- Driveway
- Private Double
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Membrane, Tar and Gravel
- Sewer
- Sewer
- Days on market
- 33
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
4 pc bath · hardwood floor · large window
porcelain floor · overlooks frontyard · large window
porcelain floor · laundry sink · quartz counter
porcelain floor · quartz counter
3 pc ensuite · w/o to balcony · walk-in closet(s)
quartz counter · w/o to patio · centre island
5 pc ensuite · leaded glass · walk-in closet(s)
5 pc ensuite · w/o to balcony · walk-in closet(s)
hardwood floor · skylight · large window
gas fireplace · hardwood floor · large window
Listing history
- May 6, 2026Listed$2,199,000
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $7,000/mo, this rental is tracking about 27% above a wider set of rentals, though close matches were thin, so treat this as a rough read until I run a precise CMA. 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 6 similar rentals nearby, adjusted for size, beds, and baths.Median of 6 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 $1,550/mo
- Bedrooms +$300/mo
- Bathrooms +$400/mo
- Adjusts to $2,250/mo
That comparable adjusts to $2,250/mo; the $5,513/mo estimate above is the median of all 6 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.
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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $5,513/mo, median of 6 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.
- Heated floors: comfort and a premium-finish signal.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Open-concept layout: modern, sought-after flow.
- Lifestyle
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homes31 days longer than the Toronto average (2 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Rouge E10, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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.
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 18, 2026); conventional rates run a little higher.
Mortgage amount $5,600 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $30
- Property tax
- $4
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $34
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $35
- Toronto municipal land transfer tax
- $35
- Estimated closing costs
- $70
Plus your down payment of $1,400. 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
- $1,793
- Principal paid down
- $713
- Interest paid
- $1,080
- Balance remaining
- $4,887
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 RE/MAX REALTRON REALTY INC.. MLS®/PropTx.