502 Scarborough Road, Toronto E02

$1,499,000
502 Scarborough Road

$1,499,000

New
23d
Detached2-Storey

502 Scarborough Road, Toronto E02

Total Monthly Obligation $7,128

Beds
2
Baths
3
Park
2
Sqft
1500-2000
DOM
23d
Score
15
Yield
3.3%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-E13855690
Beds-2
Bathrooms-3
Size-1500-2000 sqft
Lot Size-33 × 107 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Taxes-$8,478.79 (2026)
Parking-2 - None
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-Johnston & Daniel
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-East End-Danforth
Title-Residential Freehold

No agent assigned

Discover a truly unique 2-storey home offering over 3100.sg ft. of living space, plus a fully finished basement with full ceiling height. Do not be fooled by the 1 bedroom - this is a large home with a thoughtfully designed 2-storey addition, completed approximately 20 years ago! Transform this home into a bright, spacious and incredibly versatile property. Beautiful newly large front constructed porch! The open-concept main floor is filled with natural light and offers plenty of room to live, work and entertain. The home was designed with a future elevator configuration, adding exciting potential for accessibility and long-term flexibility.Upstairs, the generous layout offers the possibility of enclosing an existing space to create a second bedroom, allowing the home to evolve with your needs.Outside, enjoy a 33' x 106' lot, private driveway and parking for 2 - 3 cars - a rare luxury in the city.And the location? Just a 12-minute walk to Main GO Station, putting you only 13 minutes from Union Station by GO train. Easy access to transit, shops, parks and everything the east end has to offer. Unique. Spacious. Flexible. Connected. A home with possibilities. 4 Fireplaces- are "as-is". Perfect home for artists/ art enthusiasts- perfect home to hang large artwork throughout! Speak to LA about 2nd floor , 2nd bedroom possibility!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,199,200
Land Transfer Taxes$26,455
Legal Fees (Est.)
$
Total cash required for closing$327,755

Total Monthly Obligation

$7,128/mo
Mortgage $6,047
Monthly Loss $5,537
Principal$1,591
Interest$4,455
Property Tax$707
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.4%12
10-Year IRR
7.0%
Returns Index
7.5/ 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
$48,768/yr
NOI
$30,912/yr
Net Cash Flow
-$3,471/mo
Cash Margin
-85.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
14.4/ 100

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

Comparables

Properties near 502 Scarborough Road

Time

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