2 Richbourne Court, Toronto, ON

Tam O'Shanter-Sullivan, Toronto · MLS® E13839272

$1,299,900
For Sale
Listed 21 days agoNo offer date stated
3+2Bedrooms
2Bathrooms
1Garage · 5 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 2 Richbourne Court, a completely remodelled solid-brick bungalow situated on a desirable corner lot in Tam O'Shanter-Sullivan.
  • Offering 3+2 bedrooms, two kitchens and a fully finished lower level, this versatile home is ideal for large, extended or multi-generational families.
  • The impressive 30.8-ft by 24.5-ft open-concept main living space is centred around a massive 5-ft by 8.5-ft quartz waterfall island overlooking the contemporary...
  • A separate entrance is possible.
  • Enjoy a private fenced yard, landscaped gardens, interlocking patio and driveway, covered carport, built-in garage and parking for five vehicles.

Bridlewood Location! Welcome to 2 Richbourne Court, a completely remodelled solid-brick bungalow situated on a desirable corner lot in Tam O'Shanter-Sullivan. Offering 3+2 bedrooms, two kitchens and a fully finished lower level, this versatile home is ideal for large, extended or multi-generational families.The impressive 30.8-ft by 24.5-ft open-concept main living space is centred around a massive 5-ft by 8.5-ft quartz waterfall island overlooking the contemporary kitchen, living area and oversized bay window-a warm and inviting space designed to bring the family together.Interior highlights include extensive high-gloss cabinetry, high-end stainless-steel appliances, a wine cooler, built-in microwave, engineered flooring, pot lights, barn door and an oversized electric fireplace framed by acoustic feature walls.The finished lower level offers two bedrooms, a second kitchen, three-piece bathroom and spacious recreation room with a wood-burning fireplace, providing excellent in-law suite or potential accessory apartment use. A separate entrance is possible.Enjoy a private fenced yard, landscaped gardens, interlocking patio and driveway, covered carport, built-in garage and parking for five vehicles. TTC service is approximately a two- to three-minute walk away.View the 3D virtual tour and complete photo gallery before booking your private showing!A copy of the HoodQ address report is available with information about 17 nearby public schools, nine Catholic schools, 11 parks, 64 recreational facilities, neighbourhood conveniences, shopping, places of worship, major highways, transit and safety services.

Key facts

Property type
Detached, Bungalow
MLS®
E13839272
Bedrooms
3+2 (5 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
55 × 108 ft
Cross streets
Warden & Sheppard
Parking
1 garage · 5 parking (attached)
Driveway
Private Triple
Basement
Finished, Separate Entrance, Apartment
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,769 / 2026
Days on market
21
Listing brokerage
ROYAL LEPAGE TERREQUITY REALTY

Rooms

Primary BedroomMain3.51 × 3.99 m

window · laminate · b/i closet

Bedroom 5Basement2.50 × 4.50 m

b/i closet · laminate

Dining RoomMain5.51 × 6.74 m

combined w/living · pot lights · open concept

Bedroom 2Main3.14 × 3.04 m

window · laminate · b/i closet

Bedroom 4Basement3.38 × 4.05 m

window · laminate · b/i closet

Family RoomBasement5.55 × 4.27 m

open concept · window · laminate

Living RoomMain5.51 × 6.74 m

combined w/dining · bay window · fireplace

KitchenBasement5.64 × 4.54 m

breakfast bar · window · laminate

KitchenMain3.87 × 3.17 m

open concept · centre island · pantry

Bedroom 3Main3.51 × 3.04 m

window · laminate · overlooks frontyard

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (Bridlewood Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Neighbourhood & location

Tam O'Shanter-Sullivan, 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.

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 Bridlewood Junior Public School
83%
Bridlewood Junior Public SchoolPublic · Elementary · 0.4 km awayHigher-rated than most nearby · 83% meet the provincial standard
J B Tyrrell Senior Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Holy Spirit Catholic School · Catholic elementary0.7 km · 72% at standard
Pauline Johnson Junior Public School · Public elementary0.7 km · 58% at standard
Vradenburg Junior Public School · Public elementary0.8 km · 75% at standard
John Buchan Senior Public School · Public elementary0.9 km
Stephen Leacock Collegiate Institute · Public secondary0.9 km · 58% at standard
Lynngate Junior Public School · Public elementary0.9 km · 61% at standard
Fairglen Junior Public School · Public elementary1.1 km · 74% at standard
North Bridlewood Junior Public School · Public elementary1.1 km · 69% at standard
Tam O'Shanter Junior Public School · Public elementary1.1 km · 56% at standard
Timberbank Junior Public School · Public elementary1.2 km · 71% at standard
Inglewood Heights Junior Public School · Public elementary1.5 km · 72% at standard
Caring and Safe School 2 · Public secondary1.5 km

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

Affordability & Mortgage

Affordability
$5,925/mo
$244KIncome needed
5.3×Price ÷ income
$1,367Weekly cost
$44,946Land 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.

92%mortgage
Mortgage $5,925Property tax $481Total carry $6,405

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%
$
%
4.49%
%
Live rate from Ratehub.ca

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

years
years (your rate-locked period)
$5,750per month

Mortgage amount $1,039,920 · 4.49% over 25 years

$259,980Down payment (20.0%)
$1,039,920Loan before insurance
$0CMHC premium
$6,231Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,750
Property tax
$481
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,231

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

One-time closing costs

Ontario land transfer tax
$22,473
Toronto municipal land transfer tax
$22,473
Estimated closing costs
$44,946

Plus your down payment of $259,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,959/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

$685,049Total interest paid
$1,724,969Total of all payments
Principal $1,039,920 Interest $685,049
YearPrincipalInterestBalance
1$23,207$45,792$1,016,713
2$24,260$44,738$992,453
3$25,362$43,637$967,091
4$26,513$42,485$940,578
5$27,717$41,282$912,861
6$28,976$40,023$883,885
7$30,291$38,708$853,594
8$31,667$37,332$821,928
9$33,104$35,894$788,823
10$34,607$34,391$754,216
11$36,179$32,820$718,037
12$37,821$31,177$680,216
13$39,539$29,460$640,677
14$41,334$27,665$599,344
15$43,211$25,788$556,133
16$45,172$23,826$510,961
17$47,223$21,775$463,737
18$49,368$19,631$414,370
19$51,609$17,390$362,760
20$53,952$15,046$308,808
21$56,402$12,597$252,406
22$58,963$10,036$193,443
23$61,640$7,359$131,803
24$64,439$4,560$67,365
25$67,365$1,634$0

At the end of your 5-year term

Total paid over the term
$344,994
Principal paid down
$127,059
Interest paid
$217,935
Balance remaining
$912,861

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$2,300/mo
$27,600Gross annual rent
1.3%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

2.1%
Gross yield
− Property tax $5,769− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,395

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.

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