12 Norlong Boulevard, Toronto E03

$1,159,000
12 Norlong Boulevard

$1,159,000

New
2d
Detached1 1/2 Storey

12 Norlong Boulevard, Toronto E03

Total Monthly Obligation $5,578

Beds
5
Baths
3
Park
2
Sqft
1100-1500
DOM
2d
Score
18
Yield
4.5%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-E14102102
Beds-5
Bathrooms-3
Size-1100-1500 sqft
Lot Size-33 × 110 ft
Listed on site-Oct 21, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$6,337.99 (2026)
Parking-2 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE ESTATE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-East York
Title-Residential Freehold

No agent assigned

Discover the charm of East York living on sought-after Norlong Boulevard! This bright and inviting four-bedroom + one home offers a unique layout, thoughtfully updated interiors, and a wonderful connection to the outdoors. The main level features an open concept combined living and dining area filled with natural light from large windows, complemented by smooth ceilings, pot lights, and laminate flooring throughout. The sleek white kitchen is appointed with quartz countertops, stainless steel appliances, and a double bowl undermount sink, offering cool style and functionality. Two main-floor bedrooms provide exceptional flexibility for a home office, nursery, guest room, or additional living space. Step outside to the covered rear deck with skylight overlooking a charming garden retreat, complete with raised garden beds, established blueberry and raspberry plants, and a convenient storage shed. Upstairs, two additional bedrooms feature vaulted ceilings, generous windows and laminate flooring, while a conveniently located two-piece bathroom completes the level. The lower level offers even more functional living space, featuring a generously sized recreation room ideal for family gatherings, a media room, or a children's play area. A three-piece bathroom, dedicated laundry area, and cold room providing additional storage complete this versatile level. Nestled in an established residential neighbourhood near Woodbine Ave and O'Connor Drive. Enjoy easy access to local schools along with the expansive green spaces of Stan Wadlow Park, Taylor Creek Park, and scenic ravine trails. Explore nearby shops, cafés, and everyday amenities along Woodbine Avenue or venture south to the vibrant Danforth known for its eclectic restaurants, boutiques, and specialty shops. Convenient TTC connections Bloor-Danforth subway line make commuting a breeze. Property is virtually staged.

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$
%
%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$927,200
Land Transfer Taxes$19,655
Legal Fees (Est.)
$
Total cash required for closing$252,955

Total Monthly Obligation

$5,578/mo
Mortgage $4,675
Monthly Loss $4,348
Principal$1,230
Interest$3,445
Property Tax$528
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$52,104/yr
NOI
$36,056/yr
Net Cash Flow
-$1,670/mo
Cash Margin
-38.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo27
Risk Index
17.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 12 Norlong Boulevard

Time

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