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Investment signal

$2,300,000

5 NORBURY CRESCENT

Beds

5

Baths

4.1

Sqft

Year

Location

See the block, not just the house.

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About this home

Rare opportunity to own a brand-new luxury home built by Madison Group, featuring a fully separate Coach house ideal for multi-generational living or Rental income. Buy Two Homes in one Price . Over $200K spent in premium Upgrades throughout both residences. Showcasing soaring 10+ ft ceilings, expansive windows, and a bright, Elegant interior. Gourmet kitchen features stainless steel appliances, quartz countertops, and upgraded cabinetry. Located in a highly sought-after Scarborough neighbourhood close to Scarborough Town Centre, top-rated schools, parks, supermarkets, restaurants, Scarborough General Hospital, Hwy 401, and public transit. Exceptional design, versatility, and investment potential. A must see! Presently both homes rented at $ 9000 per month as per seller. . The Coach House consist of Two spacious Bed room ,open concept kitchen and a one Full Spacious size washroom and laundry is included . floor plan attached For more details of measurement please check floor plan. (id:65958)

Subtype
Single Family
Structure
House
Community
Bendale
Common interest
Freehold
Lot dimensions
66.2 x 109.3 FT ; Lot Irregularities
Bedrooms
5 above grade
Parking
4 total
Stories
2
On market
Mar 9, 2026
Status changed
Apr 13, 2026
Annual tax
$12,000
Photos
48
MLS#
E12860214
Area
TORONTO_(BENDALE)

Features and systems

Parking

Garage

Basement

UnfinishedN/A

Appliances

WasherWater meterCentral VacuumRangeOvenDryerMicrowaveOven - Built-InTwo stovesGarage door opener remote(s)Two Refrigerators

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

Hardwood

Foundation

BlockPoured Concrete

Lot

Carpet FreeSump Pump
Negative cash flow ~$4,372/mo at these assumptions

Cash on cash

-11.41%

Cap rate

3.61%

GRM

16.7

Break-even rent

$16,103

Financing

Down payment$460,000
Loan amount$1,840,000
Mortgage$11,288/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,054
Insurance$80
Maintenance$1,917
CapEx reserve$958
Vacancy loss$575

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Bendale). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $11,288/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.

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