5 Norbury Crescent, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13582048

$2,240,000
For Sale
Listed 3 days ago
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6Bedrooms
5Bathrooms
2Garage · 4 parking
3000-3500Sq Ft

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

Key facts

Property type
Detached, 2-Storey
MLS®
E13582048
Bedrooms
6
Bathrooms
5 (1 half)
Size
3000-3500
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
3
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

Moe’s TakeTeam Asgarian · Broker
In line
$2.67Mest. value

Listed at $2,240,000, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.

In Tam O'Shanter-Sullivan lately, sellers have been getting about 108% of asking and homes sell in about 17 days. Prices are down 2% versus a year ago.

There were not many closely comparable homes right in Tam O'Shanter-Sullivan, so I widened the search to the surrounding area.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.73M, a close match. The comparable range is wide here, so treat this as a rough read until I run a full CMA.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2.88M
  • Adjusts to $2.88M

That comparable adjusts to $2.88M; the $2.67M estimate above is the median of all 9 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

List price
$1.87MGreat deal$2.86MOverpriced

Total price vs nearby homes. Fair value about $2.67M, median of 9 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to 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
Comparable listingsCurrently listed nearby · asking prices
$2.31Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

441 Guildwood Parkway$2.88M51 Greenfield Drive$2.70M24 Abbotsford Road$2.80M42 Stonebridge Boulevard$1.59M3686 Ellesmere Road$1.60M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.24MThis home2.88M2.70M2.80M1.59M1.60MThis home vs active comparables
Live market pulseActive comparables in Tam O'Shanter-Sullivan · median list $1.26M
$689this home / sqft
10active listings nearby
3days on market
13sold nearby · 90 days
$1.19Mmedian sold price
108%of asking, on average
2%vs a year ago

This home lists 6% below the area average of $734/sqft.

2 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Tam O'Shanter-Sullivan, Toronto, ON

Nearby neighbourhoods

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

Highland Creek
$1.60M
Birchcliffe-Cliffside
$1.91M
L'Amoreaux
$1.54M
Danforth Village-East York
$1000K
Leaside
$1.73M

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

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

Affordability & Mortgage

Affordability
$10,209/mo
$424KIncome needed
5.3×Price ÷ income
$2,356Weekly cost
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.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,563per month

Mortgage amount $1,792,000 · 4.14% over 25 years

$448,000Down payment (20.0%)
$1,792,000Loan before insurance
$0CMHC premium
$10,563Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,563
Property tax
$1,000
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,563

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

6.14%Qualifying rate
$11,615/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

$1,076,833Total interest paid
$2,868,833Total of all payments
Principal $1,792,000 Interest $1,076,833
YearPrincipalInterestBalance
1$41,980$72,773$1,750,020
2$43,736$71,017$1,706,283
3$45,566$69,188$1,660,717
4$47,472$67,282$1,613,246
5$49,457$65,296$1,563,788
6$51,526$63,227$1,512,262
7$53,681$61,072$1,458,581
8$55,927$58,827$1,402,654
9$58,266$56,487$1,344,388
10$60,703$54,050$1,283,685
11$63,242$51,511$1,220,442
12$65,888$48,866$1,154,554
13$68,644$46,110$1,085,911
14$71,515$43,238$1,014,396
15$74,506$40,247$939,889
16$77,623$37,130$862,266
17$80,870$33,884$781,397
18$84,252$30,501$697,144
19$87,777$26,977$609,368
20$91,448$23,305$517,920
21$95,273$19,480$422,646
22$99,258$15,495$323,388
23$103,410$11,343$219,978
24$107,736$7,018$112,242
25$112,242$2,511$0

At the end of your 5-year term

Total paid over the term
$573,767
Principal paid down
$228,212
Interest paid
$345,555
Balance remaining
$1,563,788

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
Estimate$6,300/mo
$75,600Gross annual rent
2.4%Est. cap rate

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.4%
Gross yield
− Property tax $12,000− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $53,884

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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