38 Morrish Road, Toronto E10

Price: $999,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13874654

A rare development opportunity! Excellently located near the University of Toronto Scarborough Campus and Centennial College. This sizable lot measures 50' 289'.Municipal consent has been obtained to subdivide the land into two individual 50' 140' lots. Each lot boasts strong rental potential and qualifies for redevelopment with two residential dwellings. Zoning approval is already secured. TLAB documents from LA on request. For full particulars, kindly reach out to the listing broker. Truly an exceptional land parcel.

38 Morrish Road - Detached photo 1 of 5 in Rouge / Port Union / Malvern, Ontario
38 Morrish Road - Detached photo 2 of 5 in Rouge / Port Union / Malvern, Ontario
38 Morrish Road - Detached photo 3 of 5 in Rouge / Port Union / Malvern, Ontario
38 Morrish Road - Detached photo 4 of 5 in Rouge / Port Union / Malvern, Ontario
38 Morrish Road - Detached photo 5 of 5 in Rouge / Port Union / Malvern, Ontario
active
New Listing
1/5

$999,000 - 38 Morrish Road, Rouge

Detached for Sale in Rouge

New — Listed yesterday

Neighbourhood: Highland Creek

2Beds
1Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
E13874654
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Rouge / Port Union / Malvern
Taxes (2026)
$4,351
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

A rare development opportunity! Excellently located near the University of Toronto Scarborough Campus and Centennial College. This sizable lot measures 50' 289'.Municipal consent has been obtained to subdivide the land into two individual 50' 140' lots. Each lot boasts strong rental potential and qualifies for redevelopment with two residential dwellings. Zoning approval is already secured. TLAB documents from LA on request. For full particulars, kindly reach out to the listing broker. Truly an exceptional land parcel.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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

38 Morrish Road, Rouge / Port Union / Malvern

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$1,484

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

Premium Pricing

At $1427/sqft, this property is priced above the Rouge average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Rouge's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Highland Creek

I know Highland Creek 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.

Investment Perspective

Looking at this as an investment: Rouge properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,163 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    38 Morrish Road | $999,000 | Battaglia Team