705B-7437 Kingston Road, Toronto, ON

Rouge E11, Toronto · MLS® E13583908

$549,000
For Sale
Listed 2 days ago
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1Bedrooms
1Bathrooms
1Garage
0-499Sq Ft

About this home

Urban luxury blends seamlessly with natural beauty at The Narrative Condos. This brand-new, never-lived-in 1-bedroom, 1-bathroom suite offers modern living with elevated views and exceptional convenience. Now situated on the 7th floor, the suite enjoys impressive sight lines toward Lake Ontario and the Rouge National Urban Park, with the building rising only to Level 11 - giving this floor a desirable balance of height, privacy, and long-term value.Inside, the home features a bright, contemporary layout with 9-foot ceilings, premium laminate flooring, and expansive windows that bring in abundant natural light. The sleek kitchen is both stylish and functional, showcasing quartz countertops and upgraded integrated 24-inch appliances, including a built-in dishwasher and integrated fridge/freezer for a seamless, upscale finish.The bedroom is well-designed, offering a comfortable retreat, complemented by a modern upgraded bathroom. A frameless glass shower enclosure adds a refined, spa-inspired touch. In-suite laundry provides everyday convenience.Located near Kingston Rd & Hwy 401, you're minutes from Rouge Hill GO, TTC, UTSC, Centennial College, Scarborough Town Centre, waterfront parks and trails, and essential shopping and dining. Residents also benefit from a strong lineup of current and future amenities, including concierge service, fitness room, yoga studio, co-working space, and an outdoor terrace/lounge.A rare chance to secure a never-lived-in suite with premium elevation, views, parking, locker, and tasteful upgrades - all in one of the area's most connected and naturally beautiful communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13583908
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Port Union & Hwy 401
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$436/mo
Exposure
North
Days on market
2
Listing brokerage
RE/MAX OPTIMUM REALTY

Rooms

Living RoomMain3.02 × 2.74 m

open concept · w/o to balcony · laminate

BedroomMain3.23 × 2.74 m

large closet · glass doors · laminate

KitchenMain3.05 × 2.65 m

open concept · combined w/dining · laminate

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. 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 Rouge Valley Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Comparable listingsCurrently listed nearby · asking prices
$405kavg asking

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

3205-17 Bathurst Street$450k1810-185 Legion Road$400k1804-30 Herons Hill Way$399k619-270 Dufferin Street$399k513-15 Richardson Street$378k

The 5 closest of 7 active listings nearby.

See all comparable homes
549kThis home450k400k399k399k378kThis home vs active comparables
Live market pulseActive comparables in Rouge E11 · median list $519K
$2,200this home / sqft
6active listings nearby
2days on market
8sold nearby · 90 days
$530Kmedian sold price
97%of asking, on average
2%vs a year ago

1 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 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.

Nearby neighbourhoods

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

Henry Farm
$599K
Willowdale East
$606K
Moss Park
$519K
Church-Yonge Corridor
$561K
Waterfront Communities C8
$700K

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 Rouge Valley Public School
73%
Rouge Valley Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$2,502/mo
$119KIncome needed
4.6×Price ÷ income
$577Weekly 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.

76%mortgage
Mortgage $2,502Property tax $343Condo fee $436Total carry $3,281

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,344per month

Mortgage amount $439,200 · 4.14% over 25 years

$109,800Down payment (20.0%)
$439,200Loan before insurance
$0CMHC premium
$3,123Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,344
Property tax
$343
Condo / maintenance fees
$436
Heating
$0
Estimated monthly cost
$3,123

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

One-time closing costs

Ontario land transfer tax
$7,455
Toronto municipal land transfer tax
$7,455
Estimated closing costs
$14,910

Plus your down payment of $109,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,847/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

$263,920Total interest paid
$703,120Total of all payments
Principal $439,200 Interest $263,920
YearPrincipalInterestBalance
1$10,289$17,836$428,911
2$10,719$17,405$418,192
3$11,168$16,957$407,024
4$11,635$16,490$395,389
5$12,121$16,003$383,268
6$12,629$15,496$370,639
7$13,157$14,968$357,483
8$13,707$14,418$343,775
9$14,280$13,844$329,495
10$14,878$13,247$314,617
11$15,500$12,625$299,117
12$16,148$11,976$282,969
13$16,824$11,301$266,145
14$17,528$10,597$248,618
15$18,261$9,864$230,357
16$19,025$9,100$211,332
17$19,820$8,305$191,512
18$20,649$7,475$170,863
19$21,513$6,612$149,349
20$22,413$5,712$126,937
21$23,350$4,774$103,586
22$24,327$3,798$79,259
23$25,345$2,780$53,914
24$26,405$1,720$27,509
25$27,509$615$0

At the end of your 5-year term

Total paid over the term
$140,624
Principal paid down
$55,932
Interest paid
$84,692
Balance remaining
$383,268

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$2,300/mo
$27,600Gross annual rent
2.7%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.

5.0%
Gross yield
− Property tax $3,843− Condo fees $5,227− Insurance $600− Vacancy & upkeep $3,036Net operating income $14,894

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

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