378 Rustic Road, Toronto, ON

Maple Leaf, Toronto · MLS® W13568236

$2,188,000
For Sale
Listed 2 days ago
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3Bedrooms
3Bathrooms
2Garage · 8 parking
2000-2500Sq Ft

About this home

Exceptional custom-built bungalow showcasing timeless elegance, quality craftsmanship, and spacious family living. A grand foyer with soaring ceilings, decorative plaster detailing, Designed for both everyday living and entertaining, this well maintained home features spacious principal rooms, hardwood and ceramic flooring, pot lights throughout, and oversized windows that fill the home with natural light. Two gourmet eat-in kitchens offer oak cabinetry, granite countertops, and abundant storage.. Relax in the inviting family room highlighted by a striking floor-to-ceiling stone gas fireplace. Quality finishes continue with a solid floating oak staircase, oversized windows, built-in illuminated bathroom mirrors and cabinets. Enjoy outdoor living with patterned concrete at the front and rear, a large backyard, a rear balcony, a separate entrance offering added flexibility, and an electrically equipped storage shed. Beautifully maintained inside and out, this exceptional home is ideally located close to schools, parks, shopping, transit, major highways, and all amenities.

Key facts

Property type
Detached, Bungalow
MLS®
W13568236
Bedrooms
3
Bathrooms
3
Size
2000-2500
Lot
50 × 202 ft
Cross streets
Keele St. & Rustic Rd
Parking
2 garage · 8 parking (attached)
Driveway
Private Double, Private
Basement
Separate Entrance, Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Unknown
Roof
Shingles
Sewer
Sewer
Property tax
$8,031 / 2025
Days on market
2
Listing brokerage
ROYAL LEPAGE MAXIMUM REALTY

Rooms

Bedroom 2Ground3.62 × 3.65 m

hardwood floor · closet · window

Bedroom 3Ground2.74 × 3.60 m

hardwood floor · closet · window

Dining RoomGround4.01 × 4.03 m

hardwood floor · open concept

RecreationBasement7.97 × 8.28 m

ceramic floor · fireplace · b/i shelves

BreakfastGround4.62 × 3.35 m

ceramic floor · family size kitchen · formal rm

Primary BedroomGround4.82 × 4.80 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

KitchenGround4.62 × 3.65 m

family size kitchen · stainless steel appl

FoyerBasement

ceramic floor · w/o to yard

KitchenBasement7.97 × 8.00 m

ceramic floor · w/o to yard · open concept

Living RoomGround4.01 × 4.03 m

hardwood floor · combined w/dining · open concept

Family RoomGround4.62 × 3.44 m

ceramic floor · gas fireplace · open concept

Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.28Mest. value

Listed at $2,188,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with 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 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.77M, lower than the comparables and worth a second look.

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 $999K
  • Size difference +$949K
  • Bedrooms −$30K
  • Bathrooms +$15K
  • Adjusts to $1.93M

That comparable adjusts to $1.93M; the $2.28M estimate above is the median of all 5 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 Weston 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. Culford Rd at Maple Leaf Dr is about a 6-minute walk away.

List price
$2.18MGreat deal$2.48MOverpriced

Total price vs nearby homes. Fair value about $2.28M, median of 5 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.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Income potential
  • Worth verifying
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$1.91Mavg asking

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

12 Thicket Road$1.60M134 Morningside Avenue$2.30M90 Berkinshaw Crescent$2.10M47 Soudan Avenue$2.29M77 Letchworth Crescent$1.25M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.19MThis home1.60M2.30M2.10M2.29M1.25MThis home vs active comparables
Live market pulseActive comparables in Maple Leaf · median list $1.15M
$972this home / sqft
5active listings nearby
2days on market

This home lists 8% below the area average of $1,053/sqft.

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

Maple Leaf, 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

66/ 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: Culford Rd at Maple Leaf Dr, about 481 m away

20+ transit stops6 grocery20+ dining19 parks11 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.

Downsview-Roding-CFB
$1.06M
Bedford Park-Nortown
$2.90M
Lawrence Park South
$2.14M
High Park-Swansea
$4.99M
Alderwood
$998K

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 Maple Leaf Public School
42%
Maple Leaf Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 42% meet the provincial standard

Affordability & Mortgage

Affordability
$9,972/mo
$403KIncome needed
5.4×Price ÷ income
$2,301Weekly 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.

94%mortgage
Mortgage $9,972Property tax $669Total carry $10,641

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)
$9,341per month

Mortgage amount $1,750,400 · 4.14% over 25 years

$437,600Down payment (20.0%)
$1,750,400Loan before insurance
$0CMHC premium
$10,010Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,341
Property tax
$669
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,010

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

One-time closing costs

Ontario land transfer tax
$41,175
Toronto municipal land transfer tax
$41,175
Estimated closing costs
$82,350

Plus your down payment of $437,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,345/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

$1,051,835Total interest paid
$2,802,235Total of all payments
Principal $1,750,400 Interest $1,051,835
YearPrincipalInterestBalance
1$41,006$71,084$1,709,394
2$42,721$69,368$1,666,673
3$44,508$67,581$1,622,165
4$46,370$65,720$1,575,795
5$48,309$63,780$1,527,486
6$50,330$61,759$1,477,156
7$52,435$59,654$1,424,721
8$54,628$57,461$1,370,092
9$56,914$55,176$1,313,179
10$59,294$52,795$1,253,885
11$61,774$50,315$1,192,111
12$64,358$47,731$1,127,752
13$67,050$45,039$1,060,702
14$69,855$42,235$990,847
15$72,777$39,313$918,070
16$75,821$36,268$842,249
17$78,992$33,097$763,257
18$82,297$29,793$680,961
19$85,739$26,351$595,222
20$89,325$22,764$505,896
21$93,062$19,028$412,835
22$96,954$15,135$315,881
23$101,010$11,080$214,871
24$105,235$6,855$109,636
25$109,636$2,453$0

At the end of your 5-year term

Total paid over the term
$560,447
Principal paid down
$222,914
Interest paid
$337,533
Balance remaining
$1,527,486

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$4,200/mo
$50,400Gross annual rent
1.6%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.

2.3%
Gross yield
− Property tax $8,031− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $35,425

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

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