$929,888 - 25 Nabob Crescent, Morningside
Detached for Sale in Morningside
44 days on marketNeighbourhood: Malvern
- MLS Number
- E13550144
- Property Type
- Detached
- Status
- active
- Days on Site
- 44
- Bedrooms
- 6
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Scarborough (Morningside / West Hill)
- Listing Brokerage
- EXP REALTY
Welcome to 25 Nabob Crescent, a beautifully renovated, turnkey home offering exceptional versatility for homeowners and investors alike. Nestled on a quiet, family-friendly street in one of Toronto's most desirable neighbourhoods, this impressive property combines modern finishes, functional living space, and outstanding income potential.The bright and spacious main residence features 4 generous bedrooms and 2 full bathrooms on the upper level, thoughtfully renovated with quality craftsmanship and contemporary finishes throughout. The self-contained walk-out basement apartment offers 2 bedrooms and 1 full bathroom, providing an excellent opportunity for rental income, multigenerational living, or extended family accommodation.The fully fenced backyard creates a private outdoor retreat, while the extended driveway provides ample parking for multiple vehicles. Conveniently located just minutes from Highway 401, public transit, schools, parks, shopping, and everyday amenities, this home delivers the perfect balance of comfort, convenience, and long-term value.Currently generating strong rental income, the upper level is leased for $3,600/month and the basement apartment is leased for $1,800/month, for a total of $5,400/month in rental income to AAA tenants. The property can be sold with excellent tenants in place or delivered with vacant possession, offering maximum flexibility for both investors and owner-occupiers.A rare opportunity to own a fully renovated, income-producing property in a high-demand Toronto location. Don't miss your chance to add this exceptional home to your portfolio or make it your family's next home.
Estimate your monthly payments for this property
Estimated Payment
$4,770.81/mo
Includes CMHC insurance ($25,944)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Malvern
Malvern is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Malvern
- •Convenient location in Scarborough (Morningside / West Hill)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Malvern offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
25 Nabob Crescent, Scarborough (Morningside / West Hill)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $845/sqft, this property is priced in line with current Morningside market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 44 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Morningside are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Morningside.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Malvern
I know Malvern well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.