$2,240,000 - 5 Norbury Crescent, Scarborough Village
Detached for Sale in Scarborough Village
35 days on marketNeighbourhood: Tam O'Shanter-Sullivan
- MLS Number
- E13582048
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Scarborough Village / Eglinton East
- Listing Brokerage
- RE/MAX ATRIUM HOME REALTY
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
Estimate your monthly payments for this property
Estimated Payment
$9,908.28/mo
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 Tam O'Shanter-Sullivan
Tam O'Shanter-Sullivan 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 Tam O'Shanter-Sullivan
- •Convenient location in Scarborough Village / Eglinton East
- •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
Tam O'Shanter-Sullivan 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.
5 Norbury Crescent, Scarborough Village / Eglinton East
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Rental income estimator & ROI calculator
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
Competitive Pricing
At $747/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 35 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 Scarborough Village 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
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 Scarborough Village.
Bathroom Count Matters
With 5 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.