DetachedListed yesterday

1308 Rustic Dr, Parkway Park - Queensway Terrace S and Area

Name: 1308 Rustic Drive
SKU: X14154032
Price: 749900 CAD
Availability: InStock

Parkway Park - Queensway Terrace S and Area, ON · · MLS® X14154032Updated November 5, 2026

$749,900Est. $3,684/mo mortgage

Bedrooms: 8
Bathrooms: 2
Living space: 1100–1500sq ft
Parking spaces: 4

Type Detached
Lot 50 acres
Basement Apartment, Separate Entrance

What you should know

1308 Rustic Dr is an 8-bedroom, 2-bathroom detached home in Parkway Park - Queensway Terrace S and Area, listed for $749,900. It has 1100-1500 sq ft of living space.

Fully renovated, this city-approved, legal secondary dwelling is an absolute dream.
Boasting 8 bedrooms total, 4 upstairs and 4 in the lower level, this turnkey bungalow offers incredible rental returns or a beautiful, unified living space for a large multi-generational family.
Inside, no expense has been spared.

Ask Zara:

8 Bed, 2 Bath Detached Home in Parkway Park - Queensway Terrace S and Area

About 1308 Rustic Drive

INVESTORS & Large families! Fully renovated, this city-approved, legal secondary dwelling is an absolute dream. Boasting 8 bedrooms total, 4 upstairs and 4 in the lower level, this turnkey bungalow offers incredible rental returns or a beautiful, unified living space for a large multi-generational family. Located just minutes from Algonquin College, the 417 highway, and every amenity you could ever need, its premium location ensures high tenant demand and effortless commuting. Inside, no expense has been spared. The property features two stunning, sleek modern kitchens equipped to handle busy households, along with two fully renovated, contemporary bathrooms. Step outside to a massive, mostly fenced-in backyard that offers the perfect canvas for summer BBQs, family get-togethers, or a private retreat for tenants. With updated mechanicals and high-end finishes throughout, this city-certified property promises low-maintenance living and consistent value for years to come. Live in one unit and rent the other, host the entire family under one roof, or cash flow the ultimate student rental portfolio. This is a rare, high-yield opportunity in a prime central location. Book your private showing today before it's gone! 4 bedrooms and 1 kitchen above grade, 4 bedrooms and 1 kitchen below grade. 24hr irrevocable on all offers.

8 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $682 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 1308 Rustic Dr

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 1100-1500 sq ftas stated on the listing
Parking: 4 spaces
Basement: Apartment, Separate Entrance

Features & systems

Parking & garage

Parking spaces: 4

Interior

Basement: Apartment · Separate Entrance

Lot & land

Lot size (sqft): 0.115

Listing & possession

Property style: Bungalow
Property class: Detached

1308 Rustic Dr Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Nov 5, 2026For saleListedThis listingMLS® X14154032$749,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 1308 Rustic Dr Compares to the Parkway Park - Queensway Terrace S and Area Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Above Market· based on 55 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Parkway Park - Queensway Terrace S and Area market, last 90 days

Median sold price: $590,000
Average sold price: $589,959
Average days on market: 34
Homes sold: 27

Closed sales on the TRREB MLS®.

Living in Parkway Park - Queensway Terrace S and Area: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Costs, Mortgage & Rental Return for 1308 Rustic Dr

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,684; 20% down · 25 years · 5.5% assumed
Property tax: $412; 0.66% mill rate · ON
Total per month: $4,096; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

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Estimated monthly payment

$3,684

/mo

based on the purchase price of $749,900

Down payment20%

$149,980 cash

Amortization25 yr

$599,920 financed

Rate5.50%

$505,290 total interest

Principal54%$599,920

Interest46%$505,290

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: BENNETT PROPERTY SHOP REALTY, BrokerageMLS® X14154032 · Listing data last updated November 5, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Nov 4· $682/sq ft

Estimated monthly mortgage$3,684/moMortgage only · 20% down · 5.5% assumed

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