5 Norbury Crescent, Toronto, ON

Bendale, Toronto · MLS® E13582048

$2,240,000
For Sale
Listed 92 days agoNo offer date statedSitting longer than typical
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6Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq ft

About this home

In short

  • Rare opportunity to own an exceptional 2-year-old Madison Group-built home featuring two fully independent above-grade residences on one property.
  • 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...
  • 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...
  • Located in a highly desirable Scarborough community, within walking distance to SMA - Abu Bakr Siddique Mosque, and just minutes from Scarborough Town Centre...
  • Currently, both residences are tenanted with a combined rental income of approximately $9,000 per month (as per Seller).

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

Key facts

Property type
Detached, 2-Storey
MLS®
E13582048
Bedrooms
6
Bathrooms
5 (1 half)
Size
3000-3500 sq ft
Lot
66.18 × 109.3 ft
Cross streets
Lawrence ave east and Midland ave
Parking
2 garage · 4 parking (built-in)
Driveway
Available
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block, Poured Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,000 / 2025
Days on market
92
Listing brokerage
RE/MAX ATRIUM HOME REALTY

Rooms

Bedroom 5Second2.93 × 2.74 m

Closet

Living RoomSecond5.02 × 3.20 m

Laminate

KitchenMain3.83 × 4.08 m

pot lights · backsplash · hardwood floor

Family RoomMain5.56 × 4.03 m

combined w/kitchen · open concept · electric fireplace

BreakfastMain4.57 × 4.26 m

window · open concept · hardwood floor

Bedroom 3Second3.96 × 4.01 m

closet · walk-in closet(s)

Primary BedroomSecond4.57 × 4.26 m

large window · walk-in closet(s) · 4 pc ensuite

Bedroom 4Second3.35 × 3.27 m

walk-in closet(s) · large window · raised room

Living RoomMain4.26 × 6.09 m

combined w/dining · open concept · hardwood floor

KitchenSecond2.44 × 2.49 m

Laminate

OfficeMain3.04 × 3.27 m

window · b/i closet

Bedroom 2Second3.78 × 3.04 m

closet · walk-in closet(s)

BedroomSecond2.93 × 2.74 m

window · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$2.18Mlikely sale price

Listed at $2,240,000. Going by how homes in Bendale and the wider GTA have actually closed against their asking prices (about 98%, 25 local closings in 90 days), the likely sale price is near $2.18M, if it sells. A realistic range is $2.05M to $2.46M.

Independent value check: $1.85M. Without looking at the asking price, our model values the home itself about 17% below the ask (homes like it typically land between $1.74M and $1.94M).

Why $1.85M. The typical detached home sold in Bendale over the past year went for about $890K (104 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $12,000 a year; the typical home sold here pays about $4,200.
  • ▲ Raises it stronglyIt is 3,000 to 3,500 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▲ Raises it2 garage and 4 total parking spaces, against 1 and 4 typically.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.

Longer on the market than typical. 92 days on the market against about 26 for homes like it here, and asking 21% above where comparable closings put it.

List price
$2.05MBelow recent closings$2.46MAbove recent closings

Total price vs nearby homes. Likely closing about $2.18M, from 25 recent closings in this pocket.

The market behind the math:

25sold nearby · 90 days
$860Kmedian sold price
98%of asking, on average
−7%prices vs a year ago
~23 dayshomes like this take to sell
92days on market so far
$3,636/moest. rent · 64 leases
1.9%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 4.1 months of inventory: 34 detached homes for sale in the area against 25 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $689/sqft against an area asking average of $743/sqft.

  • Ravine / green setting. This home is described as backing onto a ravine or green setting. A premium that comparable-sales math under-prices, so read the estimate as a floor.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 25 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.08M. Condition and finishes remain an in-person call.

What the listing highlights5 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Ravine lot: privacy and premium value, but confirm the buildable area and any conservation limits. Worth verifying
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Donwood Park Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($689/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Bendale, so I widened the search to the surrounding area.

Based on 25 comparable homes that sold in Bendale over the past two years, from 202 closings there.

What sellers nearby are askingCurrently listed nearby in Bendale · asking prices
$1.25Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $1.85M, which is where my estimate comes from.

Per square foot, these ask about $714/sqft; this home lists at $689/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.24MThis home1.75M1.38M1.15M1000k1000kThis home vs active comparables

Sold price trend

Median sold price for detached homes in Bendale: $866K in September 2026, down 9% from a year ago, on 104 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$965K7
November 2025$975K13
December 2025$938K6
January 2026$870K7
February 2026$879K10
March 2026$841K6
April 2026$900K8
May 2026$890K13
June 2026$874K10
July 2026$950K7
August 2026$835K6
September 2026$866K11

Neighbourhood & location

Bendale, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Wexford-Maryvale
$849K
Woodbine-Lumsden
$949K
Steeles
$1.20M
Rouge E11
$1.15M
Banbury-Don Mills
$5.50M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Donwood Park Public School
57%
Donwood Park Public SchoolPublic · Elementary · 0.3 km awayBelow the GTA average · 57% meet the provincial standard
Alternative Scarborough Education 1EQAO results not published
Also nearby: 12 more schools within 2.5 km
David and Mary Thomson Collegiate Institute · Public secondary0.6 km · 52% at standard
Edgewood Public School · Public elementary1.1 km · 36% at standard
Charles Gordon Senior Public School · Public elementary1.2 km
Hunter's Glen Junior Public School · Public elementary1.2 km · 66% at standard
Dorset Park Public School · Public elementary1.3 km · 62% at standard
Winston Churchill Collegiate Institute · Public secondary1.3 km · 44% at standard
St Lawrence Catholic School · Catholic elementary1.4 km · 59% at standard
St Albert Catholic School · Catholic elementary1.4 km · 66% at standard
St Andrews Public School · Public elementary1.5 km · 77% at standard
General Crerar Public School · Public elementary1.6 km · 57% at standard
Lord Roberts Junior Public School · Public elementary1.6 km · 69% at standard
Knob Hill Public School · Public elementary1.7 km · 57% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$10,209/mo
$424KIncome needed
5.3×Price ÷ income
$2,356Weekly cost
$84,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

91%mortgage
Mortgage $10,209Property tax $1,000Total carry $11,209

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,908per month

Mortgage amount $1,792,000 · 4.49% over 25 years

$448,000Down payment (20.0%)
$1,792,000Loan before insurance
$0CMHC premium
$10,908Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,908
Property tax
$1,000
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,908

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$42,475
Toronto municipal land transfer tax
$42,475
Estimated closing costs
$84,950

Plus your down payment of $448,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,992/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,180,483Total interest paid
$2,972,483Total of all payments
Principal $1,792,000 Interest $1,180,483
YearPrincipalInterestBalance
1$39,990$78,909$1,752,010
2$41,806$77,094$1,710,205
3$43,704$75,196$1,666,501
4$45,688$73,211$1,620,813
5$47,762$71,137$1,573,051
6$49,931$68,968$1,523,120
7$52,198$66,701$1,470,922
8$54,568$64,331$1,416,354
9$57,046$61,854$1,359,308
10$59,636$59,264$1,299,672
11$62,343$56,556$1,237,329
12$65,174$53,725$1,172,155
13$68,133$50,766$1,104,021
14$71,227$47,673$1,032,795
15$74,461$44,439$958,334
16$77,842$41,058$880,492
17$81,376$37,523$799,116
18$85,071$33,829$714,046
19$88,933$29,966$625,112
20$92,971$25,928$532,141
21$97,192$21,707$434,949
22$101,605$17,294$333,343
23$106,219$12,681$227,125
24$111,041$7,858$116,083
25$116,083$2,816$0

At the end of your 5-year term

Total paid over the term
$594,497
Principal paid down
$218,949
Interest paid
$375,547
Balance remaining
$1,573,051

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 64 whole-home leases in Bendale$3,636/mo
$43,632Gross annual rent
1.1%Cap rate after taxes and upkeep
$3,027 to $4,334Typical rent range
~38 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 64 whole-home leases in Bendale signed at a median of $2,323 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,636. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

1.9%
Gross yield
− Property tax $12,000− Insurance $1,400− Vacancy & upkeep $4,800Net operating income $25,432

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX ATRIUM HOME REALTY. MLS®/PropTx.

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