54 Millhouse Crescent, Toronto, ON
Rouge E11, Toronto · MLS® E13846388
About this home
In short
- Premium corner pie-shaped lot backing directly onto a park.
- This charming, all-brick bungalow offers 3 spacious bedrooms, a sun-drenched eat-in kitchen, and a bright living room with a walk-out balcony on the main floor.
- The fully finished walk-out basement features a separate entrance, 1 bedroom, a full kitchen, and a full bathroom-making it a perfect in-law suite or mortgage helper.
- Enjoy peace of mind with a new washer/dryer (2024) and two brand-new refrigerators (2026).
- The current AAA+ tenant pays $1,600/month + 40% utilities and is willing to stay.
Premium corner pie-shaped lot backing directly onto a park! This charming, all-brick bungalow offers 3 spacious bedrooms, a sun-drenched eat-in kitchen, and a bright living room with a walk-out balcony on the main floor. The fully finished walk-out basement features a separate entrance, 1 bedroom, a full kitchen, and a full bathroom-making it a perfect in-law suite or mortgage helper. Enjoy peace of mind with a new washer/dryer (2024) and two brand-new refrigerators (2026). The current AAA+ tenant pays $1,600/month + 40% utilities and is willing to stay. Located in a highly desirable, family-friendly neighborhood, this rare 3+1 bedroom, 2-kitchen property is an incredible opportunity for families and savvy investors alike!
Key facts
- Property type
- Semi-Detached, Bungalow-Raised
- MLS®
- E13846388
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 24.92 × 100.68 ft
- Cross streets
- Hwy 401 / Meadowvale
- Parking
- 1 garage · 2 parking (built-in)
- Driveway
- Private
- Basement
- Finished with Walk-Out, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $3,360 / 2026
- Days on market
- 18
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
laminate · his and hers closets · overlooks park
Laminate
laminate · w/o to patio · overlooks park
Laminate
Laminate
Laminate
laminate · 4 pc ensuite · overlooks park
laminate · w/o to balcony
ceramic floor · window · eat-in kitchen
laminate · overlooks park
Listed at $839,000, about 8% above our estimate of $774K (homes like it typically land between $726K and $811K).
Why $774K. The typical semi-detached home sold in Rouge E11 over the past year went for about $859K (11 sales). What sets this one apart:
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $3,360 a year; the typical home sold here pays about $4,200.
- ▼ Lowers it3+1 bedrooms and 2 baths, against 3+1 and 4 typically.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightlyIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
Total price vs nearby homes. Fair value about $774K, learned from recent GTA sales.
The market behind the math:
Price per square foot: this home lists at $645/sqft against an area asking average of $573/sqft.
- Walk-out basement apartment features. A finished 1 bed walk-out basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Rouge E11: 8 of the 33 detached leases here lately were basement units, around $1,575 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
- Park / green-space backing. The listing says this home backs onto or abuts a park or green space. That privacy is priced into the comparison. What is actually behind the fence, and how the lot sits against it, is my in-person call.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $731K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Walk-out basement: natural light and strong in-law or income potential. Income potential
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is John G Diefenbaker Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
There were not many closely comparable homes right in Rouge E11, so I widened the search to the surrounding area.
Based on 14 comparable homes that sold in Rouge E11 over the past two years, from 21 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $774K, which is where my estimate comes from.
Per square foot, these ask about $608/sqft; this home lists at $645/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.08M | 252 |
| November 2025 | $1.03M | 207 |
| December 2025 | $967K | 117 |
| January 2026 | $997K | 100 |
| February 2026 | $1.09M | 151 |
| March 2026 | $1.18M | 180 |
| April 2026 | $1.18M | 242 |
| May 2026 | $1.18M | 282 |
| June 2026 | $1.21M | 262 |
| July 2026 | $999K | 237 |
| August 2026 | $970K | 166 |
| September 2026 | $1.12M | 213 |
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.
Also nearby: 8 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $671,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,711
- Property tax
- $280
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,991
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,255
- Toronto municipal land transfer tax
- $13,255
- Estimated closing costs
- $26,510
Plus your down payment of $167,800. 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
- $222,671
- Principal paid down
- $82,008
- Interest paid
- $140,663
- Balance remaining
- $589,192
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.
Investor snapshot
The suite is real income here: basements rent in Rouge E11 (8 of 33 recent detached leases were basement units, around $1,575 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,575 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 5 whole-home leases in Rouge E11 signed at a median of $2,759 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,570. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REAL BROKER ONTARIO LTD.. MLS®/PropTx.