2 Richbourne Court, Toronto E05

$1,299,900
2 Richbourne Court

$1,299,900

New
24d
DetachedBungalow

2 Richbourne Court, Toronto E05

Total Monthly Obligation $6,099

Beds
5
Baths
2
Park
4
Sqft
1100-1500
DOM
24d
Score
16
Yield
3.6%
Cash on Cash
-7.6%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-E13839272
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55 × 108 ft
Listed on site-Sep 29, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,768.77 (2026)
Parking-5 - Attached
Basement-Finished, Separate Entrance, Apartment
Heating-Forced Air (Electric)
Brokerage-ROYAL LEPAGE TERREQUITY REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBA /Flexible
Neighbourhood-Tam O'Shanter-Sullivan
Title-Residential Freehold

No agent assigned

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.

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

Closing Costs

Mortgage Amount
$1,039,920
Land Transfer Taxes$22,473
Legal Fees (Est.)
$
Total cash required for closing$283,953

Total Monthly Obligation

$6,099/mo
Mortgage $5,243
Monthly Loss $4,719
Principal$1,380
Interest$3,864
Property Tax$481
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
6.9%18
10-Year IRR
8.1%
Returns Index
10.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$47,112/yr
NOI
$32,132/yr
Net Cash Flow
-$2,566/mo
Cash Margin
-65.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.9/ 100

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

Comparables

Properties near 2 Richbourne Court

Time

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