48 Purcell Square, Toronto E05

$1,799,900
48 Purcell Square

$1,799,900

New
22d
Detached2-Storey

48 Purcell Square, Toronto E05

Total Monthly Obligation $8,339

Beds
7
Baths
6
Park
3
Sqft
2500-3000
DOM
22d
Score
15
Yield
3.2%
Cash on Cash
-9.5%
Cap Rate
2.5%
5Y IRR
8.1%
10Y IRR
8.8%
Property Type-Detached
MLS® Number-E13852724
Beds-7
Bathrooms-6
Size-2500-3000 sqft
Lot Size-49.96 × 133.01 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,448.1 (2026)
Parking-5 - Attached
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-HOMELIFE LANDMARK REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-Steeles
Title-Residential Freehold

No agent assigned

Rare opportunity to own a coveted pie-shaped lot on a quiet court! Welcome to 48 Purcell Square, a spacious 2-storey detached home offering nearly 3,000 sq. ft. of above-grade living space plus approximately 1,300 sq. ft. of finished basement space, featuring 5+2 bedrooms and 6 full bathrooms in Scarborough's sought-after Steeles community. The main floor offers exceptional versatility, featuring a convenient bedroom with a full bathroom-ideal for seniors, in-laws, or guests-along with spacious living, family, and dining rooms. The well-appointed kitchen features stainless steel appliances, while a skylight floods the home with abundant natural light throughout the day. Upstairs features four generously sized bedrooms, including a spacious primary suite with a private retreat/sitting area and walk-in closet. Two beautifully renovated primary ensuites, completed in 2025, add a modern touch, complemented by a well-appointed common bathroom. The finished basement offers excellent multi-generational living or rental income potential, featuring a separate 2-bedroom walkout unit, 2 full bathrooms, a spacious living area with a kitchen rough-in concealed behind the wall, and a versatile workout/recreation area. Ideally located just steps from Kennedy Public School and Dr. Norman Bethune Collegiate Institute, with easy access to Pacific Mall, Milliken GO Station, TTC, Hwy 401, parks, shopping, and everyday amenities. A rare combination of generous living space, versatility, abundant natural light, and an exceptional court location-this one is truly a must-see!

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

Closing Costs

Mortgage Amount
$1,439,920
Land Transfer Taxes$32,473
Legal Fees (Est.)
$
Total cash required for closing$393,953

Total Monthly Obligation

$8,339/mo
Mortgage $7,260
Monthly Loss $6,429
Principal$1,911
Interest$5,350
Property Tax$704
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.5%0
5-Year IRR
5.7%13
10-Year IRR
7.2%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$57,360/yr
NOI
$38,676/yr
Net Cash Flow
-$4,037/mo
Cash Margin
-84.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
13.6/ 100

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

Comparables

Properties near 48 Purcell Square

Time

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