329 Morrish Road, Toronto E10

Price: $2,599,999

6 bedrooms, 8 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: E13760434

Luxury, Elegance, Income, Opportunity!Exceptional Custom-Built Residence Set On A Premium 52 X 166 Ft Lot, Offering Approximately 4,000 Sq. Ft. Of Above Ground Living Space Plus A 1,500 Sq. Ft. Finished Basement.Make A Grand First Impression With An Impressive 8' Tall, Double-Door Front Entry And Elegant Circular Staircase. Designed For Those Who Appreciate Space And Sophistication.The Main Floor Boasts Soaring 10' Ceilings, A Welcoming Foyer, Elegant Formal Living And Dining Rooms, A Versatile Main-Floor Study That Can Also Be Used As A Bedroom, And A Spacious Family Room With Fireplace And Coffered Ceiling. Skylight Above The Staircase Bring An Abundance Of Natural Light Throughout The Home.Thoughtfully Designed Kitchen Is Complemented By A Generous Pantry And Servery With A Second Dishwasher.The Second Floor Features 9' Ceiling, 4 Spacious Bedrooms, Each With A Walk-In Closet And Private Ensuite And Convenient 2nd-Floor Laundry.The Finished Basement Offers 9' Ceiling, A Separate Entrance And Features Two Separate One-Bedroom Apartments, Providing Approximately $3,000/Month In Potential Rental Income - An Excellent Opportunity To Help Offset Mortgage Costs Or Supplement Household Income. Plus Approx. 500 Sq. Ft. Recreation/Gym Area - Ideal For Fitness, Entertainment, A Home Theatre Or Additional Family Space.Step Outside To Your Own Private Retreat, Professionally Landscaped With In-Ground Irrigation, Landscape Lighting, Security Cameras, Covered Deck And Separate Gazebo, Perfect For Entertaining Or Enjoying Peaceful Evenings Outdoors.Adding Even Greater Appeal Is The Potential For A Future Garden Suite And/Or Laneway-Style Dwelling. Buyers/ Buyers Agent To Do Their Own Due Diligence.A Rare Blend Of Luxury, Functionality, Income Potential And Future Possibilities. An Opportunity To Elevate Your Lifestyle And Exceptional Long-Term Value.

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active

$2,599,999 - 329 Morrish Road, Rouge

Detached for Sale in Rouge

Neighbourhood: Highland Creek

6Beds
8Baths
3,500 - 3,999Sq Ft
Detached

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Property Details
MLS Number
E13760434
Property Type
Detached
Status
active
Days on Site
28
Bedrooms
6
Bathrooms
8
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Rouge / Port Union / Malvern
Taxes (2026)
$9,822
Listing Brokerage
HOMELIFE/FUTURE REALTY INC.
Description

Luxury, Elegance, Income, Opportunity!Exceptional Custom-Built Residence Set On A Premium 52 X 166 Ft Lot, Offering Approximately 4,000 Sq. Ft. Of Above Ground Living Space Plus A 1,500 Sq. Ft. Finished Basement.Make A Grand First Impression With An Impressive 8' Tall, Double-Door Front Entry And Elegant Circular Staircase. Designed For Those Who Appreciate Space And Sophistication.The Main Floor Boasts Soaring 10' Ceilings, A Welcoming Foyer, Elegant Formal Living And Dining Rooms, A Versatile Main-Floor Study That Can Also Be Used As A Bedroom, And A Spacious Family Room With Fireplace And Coffered Ceiling. Skylight Above The Staircase Bring An Abundance Of Natural Light Throughout The Home.Thoughtfully Designed Kitchen Is Complemented By A Generous Pantry And Servery With A Second Dishwasher.The Second Floor Features 9' Ceiling, 4 Spacious Bedrooms, Each With A Walk-In Closet And Private Ensuite And Convenient 2nd-Floor Laundry.The Finished Basement Offers 9' Ceiling, A Separate Entrance And Features Two Separate One-Bedroom Apartments, Providing Approximately $3,000/Month In Potential Rental Income - An Excellent Opportunity To Help Offset Mortgage Costs Or Supplement Household Income. Plus Approx. 500 Sq. Ft. Recreation/Gym Area - Ideal For Fitness, Entertainment, A Home Theatre Or Additional Family Space.Step Outside To Your Own Private Retreat, Professionally Landscaped With In-Ground Irrigation, Landscape Lighting, Security Cameras, Covered Deck And Separate Gazebo, Perfect For Entertaining Or Enjoying Peaceful Evenings Outdoors.Adding Even Greater Appeal Is The Potential For A Future Garden Suite And/Or Laneway-Style Dwelling. Buyers/ Buyers Agent To Do Their Own Due Diligence.A Rare Blend Of Luxury, Functionality, Income Potential And Future Possibilities. An Opportunity To Elevate Your Lifestyle And Exceptional Long-Term Value.

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Estimated Payment

$11,500.67/mo

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5-yr fixed avg.

Principal: $2,079,999Interest: $1,370,202
Mortgage Amount$2,079,999
Total Interest$1,370,202
Est. Property Tax$1,842/mo
Total Cost$3,450,201

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Highland Creek

Discover Highland Creek

Highland Creek is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Highland Creek

  • •Convenient location in Rouge / Port Union / Malvern
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Highland Creek offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

329 Morrish Road, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,842
Insurance (est.)-$542
Net Cash Flow+$2,466

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $743/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Rouge are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Rouge.

Bathroom Count Matters

With 8 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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    329 Morrish Road | $2,599,999 | Battaglia Team