378 Rustic Road, Toronto, ON

Maple Leaf, Toronto · MLS® W14118730

$1,499,000
For Sale
Listed 3 days agoNo offer date stated
3Bedrooms
3Bathrooms
2Garage · 8 parking
2000-2500Sq ft

About This Home

In short

  • Step into this custom-built bungalow, built in 2001, offering over 4,500 sq. ft. of finished living space on an impressive 50 x 210 ft. lot.
  • The grand entrance makes a striking first impression with dramatic 20-ft. ceilings and an elegant chandelier, setting the tone for the spacious interior.
  • Meticulously maintained, the home features oversized windows, pot lighting, and a blend of hardwood and ceramic flooring.
Read the full description

Step into this custom-built bungalow, built in 2001, offering over 4,500 sq. ft. of finished living space on an impressive 50 x 210 ft. lot. The grand entrance makes a striking first impression with dramatic 20-ft. ceilings and an elegant chandelier, setting the tone for the spacious interior. Meticulously maintained, the home features oversized windows, pot lighting, and a blend of hardwood and ceramic flooring. Two generous eat-in kitchens feature classic cabinetry and ample storage, complemented by a third prep kitchen in the basement. The main-floor eat-in kitchen is highlighted by a dramatic floor-to-ceiling stone fireplace, creating a distinctive setting for everyday living and entertaining. A floating oak staircase, illuminated bathroom mirrors, and built-in bathroom cabinetry add further appeal. Exceptional access and convenience are offered through a side entrance, a rear walkout to the backyard, and direct access to the garage. Outside, patterned concrete at the front and rear, a deep backyard, a rear balcony, and an electrically equipped storage shed provide additional space to enjoy. Conveniently located near parks, shopping, public transit, and major highways, this impressive property combines generous living space with practical versatility. Just steps to Rustic Bakery and within a state-of-the-art school zone and vibrant community, this is a wonderful place to call home.

Key Facts

Property type
Detached, Bungalow
MLS®
W14118730
Bedrooms
3
Bathrooms
3
Size
2000-2500 sq ft
Lot
50 × 210 ft
Cross streets
Keele St. & Rustic Rd
Parking
2 garage · 8 parking (attached)
Basement
Finished with Walk-Out
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$8,172 / 2026
Days on market
3
Listing brokerage
RED REALTY GROUP INC.

Our Take

Team Asgarian · Broker
A small discount is typical
$1.46Mlikely sale price

Listed at $1,499,000. Going by how homes in Maple Leaf and the wider GTA have actually closed against their asking prices (about 97%, 11 local closings in 90 days), the likely sale price is near $1.46M, if it sells. A realistic range is $1.37M to $1.64M.

Independent value check: $1.57M. Without looking at the asking price, our model values the home itself about 5% above the ask (homes like it typically land between $1.47M and $1.64M).

Why $1.57M. The typical detached home sold in Maple Leaf over the past year went for about $1.10M (39 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $8,172 a year; the typical home sold here pays about $5,300.
  • ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIts lot is 50 by 210 ft; the typical lot sold here is 50 by 140.
List price
$1.37MBelow recent closings$1.64MAbove recent closings

Total price vs nearby homes. Likely closing about $1.46M, from 11 recent closings in this pocket.

The market behind the math:

11sold nearby · 90 days
$1.01Mmedian sold price
96%of asking, on average
−14%prices vs a year ago
~15 dayshomes like this take to sell
3days on market so far
$5,470/moest. rent · 8 leases
4.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.2 months of inventory: 8 detached homes for sale in the area against 11 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $666/sqft against an area asking average of $955/sqft.

  • Walk-out basement apartment features. A finished walk-out basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Maple Leaf: 14 of the 45 detached leases here lately were basement units, around $2,000 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.
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 11 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.53M. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Maple Leaf, so I widened the search to the surrounding area.

Based on 11 comparable homes that sold in Maple Leaf over the past two years, from 75 closings there.

What sellers nearby are asking

For sale in Maple Leaf now · asking prices
$1.48Mavg asking

Every home like this one for sale in Maple Leaf right now, newest listing first. These are asking prices, not sales.

Per square foot, these ask about $800/sqft; this home lists at $666/sqft. Size is part of the price story, not just the sticker.

The 5 closest in price of 15 for sale in Maple Leaf.

See all comparable homes
1.50MThis home1.33M1.30M1.25M1.75M1.77MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Toronto: $1.20M in September 2026, down 1% from a year ago, on 7,409 closings in 12 months.

Oct 25Sep 26

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
MonthMedian soldClosings
October 2025$1.25M742
November 2025$1.21M601
December 2025$1.14M385
January 2026$1.20M287
February 2026$1.21M459
March 2026$1.33M584
April 2026$1.30M784
May 2026$1.30M868
June 2026$1.25M778
July 2026$1.17M687
August 2026$1.19M553
September 2026$1.20M681

Thinking of selling near Maple Leaf?

You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.

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.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchment

Assigned 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
Also nearby: 12 more schools within 2.5 km
St Francis Xavier Catholic School · Catholic elementary0.7 km · 64% at standard
Gracefield Public School · Public elementary0.8 km · 29% at standard
Chaminade College School · Catholic secondary0.9 km · 66% at standard
Amesbury Middle School · Public elementary1.0 km · 42% at standard
Highview Public School · Public elementary1.0 km · 51% at standard
Pierre Laporte Middle School · Public elementary1.0 km · 71% at standard
George Anderson Public School · Public elementary1.4 km · 88% at standard
St Raphael Catholic School · Catholic elementary1.4 km · 76% at standard
St Conrad Catholic School · Catholic elementary1.6 km · 72% at standard
Tumpane Public School · Public elementary1.6 km · 55% at standard
Brookhaven Public School · Public elementary1.6 km · 31% at standard
Madonna Catholic Secondary School · Catholic secondary1.6 km · 60% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Questions About 378 Rustic Road

What is the asking price for 378 Rustic Road?

It is listed at $1,499,000.

How many bedrooms and bathrooms does 378 Rustic Road have?

3 bedrooms, and 3 bathrooms.

How big is 378 Rustic Road?

The listing gives 2000-2500 sq ft of living space, on a 50 × 210 ft lot.

Does 378 Rustic Road have parking?

2 garage spaces, 8 parking spaces in all.

What are the property taxes on 378 Rustic Road?

$8,172 a year, for 2026.

Is there an offer date for 378 Rustic Road?

The listing does not state an offer date.

Which schools is 378 Rustic Road zoned for?

By the school boards' attendance boundaries: Maple Leaf Public School, Weston Collegiate Institute and St. Fidelis. Boundaries change, so confirm with the board before relying on it.

When was 378 Rustic Road listed?

It came on the market on October 26, 2026.

Who is the listing brokerage for 378 Rustic Road?

RED REALTY GROUP INC.. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.

Affordability & Mortgage

Affordability
$6,832/mo
$285KIncome needed
5.3×Price ÷ income
$1,577Weekly cost
$52,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79% reference rate25-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 is 91% of the monthly costMortgage $6,832Property tax $681Total carry $7,513
Calculate and customize your mortgage

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%
$
%
4.59%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,697per month

Mortgage amount $1,199,200 · 4.59% over 25 years

$299,800Down payment (20.0%)
$1,199,200Loan before insurance
$0CMHC premium
$7,378Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,697
Property tax
$681
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,378

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

One-time closing costs

Ontario land transfer tax
$26,455
Toronto municipal land transfer tax
$26,455
Estimated closing costs
$52,910

Plus your down payment of $299,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.59%Qualifying rate
$8,098/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

$810,014Total interest paid
$2,009,214Total of all payments
Principal $1,199,200 Interest $810,014
YearPrincipalInterestBalance
1$26,390$53,979$1,172,810
2$27,615$52,754$1,145,195
3$28,897$51,471$1,116,298
4$30,239$50,130$1,086,059
5$31,643$48,726$1,054,417
6$33,112$47,257$1,021,305
7$34,649$45,720$986,657
8$36,257$44,111$950,399
9$37,941$42,428$912,458
10$39,702$40,666$872,756
11$41,546$38,823$831,210
12$43,474$36,894$787,736
13$45,493$34,876$742,243
14$47,605$32,764$694,639
15$49,815$30,554$644,824
16$52,128$28,241$592,696
17$54,548$25,821$538,148
18$57,080$23,288$481,068
19$59,730$20,638$421,338
20$62,503$17,865$358,834
21$65,405$14,963$293,429
22$68,442$11,927$224,987
23$71,619$8,749$153,368
24$74,944$5,424$78,424
25$78,424$1,945$0

At the end of your 5-year term

Total paid over the term
$401,843
Principal paid down
$144,783
Interest paid
$257,060
Balance remaining
$1,054,417

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.

Book a Consultation

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.

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

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