$2,600/mo - 337 Centennial Road Unit BSMT, Rouge
Detached for Rent in Rouge
Neighbourhood: Centennial Scarborough
- MLS Number
- E13422912
- Property Type
- Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Rouge / Port Union / Malvern
- Listing Brokerage
- EXECUTIVE REAL ESTATE SERVICES LTD.
Stunning Brand New Luxury Legal Walk-Up Basement - ScarboroughNearly 2,000 Sq Ft of Premium Living Space in One of Scarborough's Most Sought-After Neighbourhoods! This professionally designed 3-bedroom, 2-washroom unit offers 9 ft ceilings, hardwood flooring, and oversized large-format tiles throughout, delivering a modern and upscale feel from the moment you walk in. The open-concept kitchen and living area is finished with high-end cabinetry, a dishwasher, and a full suite of luxury appliances - perfect for everyday living and entertaining. Bedrooms are extra spacious with large windows that flood the unit with natural light. Both bathrooms are spa-inspired with premium tile work and quality finishes. Bright, airy, and feels almost like a walkout. Includes 3 car parking. Located steps from Lake Ontario, grocery stores, transit, highways, schools, parks, and the GO Station - all nestled on a quiet, family-friendly street. A rare opportunity to lease a brand new, legal, high-end basement suite in a prime Scarborough location. Requirements: Employment Letter, Credit Check, References & Rental Application. Tenant to pay 30% of all utilities.
Discover Centennial Scarborough
Centennial Scarborough 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 Centennial Scarborough
- •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
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
Centennial Scarborough 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.
337 Centennial Road Unit BSMT, Rouge / Port Union / Malvern
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,600/mo, this is priced below the typical 3-bedroom rent of ~$3,500/mo in Rouge. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Centennial Scarborough
I know Centennial Scarborough well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.