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Listed 16 days ago

5 Norbury Crescent

Tam O'Shanter-Sullivan, Toronto

$2,240,000

Detached|2-Storey
6 | 5 | 4
About this home

Rare opportunity to own an exceptional 2-year-old Madison Group-built home featuring two fully independent above-grade residences on one property. The beautifully designed Coach House offers complete separation from the main home, making it ideal for multi-generational families, extended family living, or generating excellent rental income-truly two homes for the price of one.Over $ 150000 has been invested in premium upgrades . The main home offers 4 generously sized bedrooms and a home office with4 bathrooms, soaring 10+ ft ceilings on the main and second floors, elegant hardwood flooring, crown moulding, pot lights, expansive windows, and 200-amp electrical service. Every bedroom enjoys convenient access to a bathroom. A functional mudroom with custom built-in cabinetry and garage access adds everyday convenience.The gourmet kitchen is appointed with stainless steel appliances, quartz countertops, upgraded cabinetry, and quality finishes designed for both style and functionality.The fully self-contained Coach House features 2 spacious bedrooms, a bright open-concept living area, a modern kitchen, a full-sized bathroom, in-suite laundry, and , providing complete privacy and flexibility.The property offers a private side-by-side entrance design, a 2-car garage, private driveway parking, and space for up to 4 vehicles.Located in a highly desirable Scarborough community, within walking distance to SMA - Abu Bakr Siddique Mosque, and just minutes from Scarborough Town Centre, Scarborough General Hospital, Thomson Memorial Park, Birkdale Ravine Park, highly rated schools, supermarkets, restaurants, public transit, and Highway 401.A rare combination of luxury, versatility, and outstanding investment potential. Currently, both residences are tenanted with a combined rental income of approximately $9,000 per month (as per Seller). Floor plans are attached. Please refer to the floor plans for detailed room measurement

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. Age0-5
Size3000-3500 sq. ft.
Property Tax$12,000
Lot Size66.18 ft x 109.3 ft
mls© NumberE13582048
Listed ByRE/MAX ATRIUM HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,465
Property tax
$1,000
Heat allowance
$150
Housing costs
$12,615 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $448,000
25-yr amortization

Income needed

$388,000

gross annual household income

Payment at 4%
$9,426 / mo
Cash down
$448,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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