507 Rushton Road, Toronto C03

Price: $1,378,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: C14082806

A Rushton Road Gem - Beautifully Renovated, Exceptional Parking & Endless Possibilities! Fall in love with this beautifully renovated home on Rushton Road, one of Toronto's most charming and sought-after residential streets! Thoughtfully updated with style and comfort in mind, this inviting home features high-efficiency brand-new windows, a brand-new entrance door, elegant wide-plank flooring, fresh paint throughout, and brand-new Kitchen Appliances. Significant investment in landscaping enhances the home's curb appeal, creating a welcoming first impression inside and out. ABOVE AVERAGE HOME INSPECTION AVAILABLE. A truly rare find, the property offers coveted two-car parking-an exceptional advantage in this sought-after neighborhood along with exciting potential to explore the addition of a laneway suite, subject to applicable approvals and zoning requirements. But what truly sets this home apart is its incredible Rushton Road lifestyle. Enjoy a wonderful, established neighborhood atmosphere where tree-lined streets, community charm, and everyday conveniences come together. Families will appreciate the walkable access to highly regarded Leo Baeck Day School and Humewood Community School, while food lovers can explore the area's fantastic local restaurants, cozy cafés, and irresistible ice cream spots. From casual neighborhood outings to weekend strolls and family adventures, this location offers the best of Toronto living right at your doorstep. Stylish updates, rare parking, future potential, and an exceptional neighbourhood-all on Rushton Road. A wonderful opportunity to own a move-in-ready home in a location you'll love!

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active

$1,378,000 - 507 Rushton Road, Forest Hill

Detached for Sale in Forest Hill

Popular Listing

Neighbourhood: Humewood-Cedarvale

3Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
C14082806
Property Type
Detached
Status
active
Days on Site
8
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Forest Hill / Deer Park
Taxes (2026)
$6,760
Listing Brokerage
MCCANN REALTY GROUP LTD.
Description

A Rushton Road Gem - Beautifully Renovated, Exceptional Parking & Endless Possibilities! Fall in love with this beautifully renovated home on Rushton Road, one of Toronto's most charming and sought-after residential streets! Thoughtfully updated with style and comfort in mind, this inviting home features high-efficiency brand-new windows, a brand-new entrance door, elegant wide-plank flooring, fresh paint throughout, and brand-new Kitchen Appliances. Significant investment in landscaping enhances the home's curb appeal, creating a welcoming first impression inside and out. ABOVE AVERAGE HOME INSPECTION AVAILABLE. A truly rare find, the property offers coveted two-car parking-an exceptional advantage in this sought-after neighborhood along with exciting potential to explore the addition of a laneway suite, subject to applicable approvals and zoning requirements. But what truly sets this home apart is its incredible Rushton Road lifestyle. Enjoy a wonderful, established neighborhood atmosphere where tree-lined streets, community charm, and everyday conveniences come together. Families will appreciate the walkable access to highly regarded Leo Baeck Day School and Humewood Community School, while food lovers can explore the area's fantastic local restaurants, cozy cafés, and irresistible ice cream spots. From casual neighborhood outings to weekend strolls and family adventures, this location offers the best of Toronto living right at your doorstep. Stylish updates, rare parking, future potential, and an exceptional neighbourhood-all on Rushton Road. A wonderful opportunity to own a move-in-ready home in a location you'll love!

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Estimated Payment

$6,095.36/mo

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5-yr fixed avg.

Principal: $1,102,400Interest: $726,208
Mortgage Amount$1,102,400
Total Interest$726,208
Est. Property Tax$976/mo
Total Cost$1,828,608

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: Humewood-Cedarvale

Discover Humewood-Cedarvale

Humewood-Cedarvale 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 Humewood-Cedarvale

  • •Convenient location in Forest Hill / Deer Park
  • •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

Humewood-Cedarvale 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

507 Rushton Road, Forest Hill / Deer Park

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$976
Insurance (est.)-$287
Net Cash Flow+$1,537

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 $1969/sqft, this property is priced above the Forest Hill 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.

Detached Home Advantages

Detached homes in Forest Hill 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.

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 Humewood-Cedarvale

I know Humewood-Cedarvale 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: Forest Hill properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,742 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    507 Rushton Road | $1,378,000 | Battaglia Team