97 Zaph Avenue, Toronto E10

Price: $824,900

3 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13739846

Incredible investment opportunity in Toronto's prestigious Highland Creek! This detached property features modern updates alongside massive potential for future redevelopment. Located in a rapidly transitioning neighborhood where many older homes have been torn down and rebuilt into custom estates. Minutes to U of T Scarborough, Hwy 401, parks, & transit. Don't miss this opportunity! VTB financing available with as little as 15% down @ 6.5%, amortized up to 50 years/interest only - no income verification or credit qualifications.

97 Zaph Avenue - Detached photo 1 of 21 in Rouge / Port Union / Malvern, Ontario
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$824,900 - 97 Zaph Avenue, Rouge

Detached for Sale in Rouge

34 days on market

Neighbourhood: Highland Creek

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

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Property Details
MLS Number
E13739846
Property Type
Detached
Status
active
Days on Site
34
Bedrooms
3
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Rouge / Port Union / Malvern
Taxes (2026)
$4,005
Listing Brokerage
CENTURY 21 HERITAGE GROUP LTD.
Description

Incredible investment opportunity in Toronto's prestigious Highland Creek! This detached property features modern updates alongside massive potential for future redevelopment. Located in a rapidly transitioning neighborhood where many older homes have been torn down and rebuilt into custom estates. Minutes to U of T Scarborough, Hwy 401, parks, & transit. Don't miss this opportunity! VTB financing available with as little as 15% down @ 6.5%, amortized up to 50 years/interest only - no income verification or credit qualifications.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,232.16/mo

Includes CMHC insurance ($23,015)

$
$
5%10%50%

5-yr fixed avg.

Principal: $742,410Interest: $504,225
Mortgage Amount$765,425
Total Interest$504,225
Est. Property Tax$584/mo
Total Cost$1,269,649

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

97 Zaph Avenue, Rouge / Port Union / Malvern

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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)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$584
Insurance (est.)-$172
Net Cash Flow+$2,044

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 $1178/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.

Market Position

At 34 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.

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.

Bathroom Count Matters

With 3 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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    97 Zaph Avenue | $824,900 | Battaglia Team