125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2
7302 - Meadowlands/Crestview, Meadowlands - Crestview and Area · Near Meadowlands at Norice Street · View map
About this home
Welcome to 125 Norice St., a beautifully maintained bungalow set on an oversized lot in a highly convenient central location. This is a rare turnkey opportunity that combines strong rental income, immediate cash flow, and outstanding long-term upside. The main-floor unit is bright, inviting, and thoughtfully designed with an open-concept layout that enhances both space and flow. The modern kitchen offers generous cabinetry and workspace, seamlessly connecting to the spacious living room and adjoining dining area-perfect for everyday living or entertaining. Three well-proportioned bedrooms, a full bathroom, and convenient in-unit laundry complete this level. The fully finished lower-level, non-conforming Secondary Dwelling Unit (SDU) features its own private entrance and a well-designed open-concept kitchen, dining, and living area. With comfortable bedrooms, a full bathroom, and separate laundry, this unit is fully self-contained and highly functional. Whether used for rental income, extended family living, or personal flexibility, it offers exceptional versatility. This property is already a proven income generator, producing approximately $4,500 per month in total rental income, with $2,500 from the upper unit and $2,000 from the lower unit. In addition, wide driveway, 2-car separate garage, and strong curb appeal. The expansive oversized lot provides abundant outdoor space and also presents exciting potential for future development or expansion, subject to municipal approvals. Whether you're an investor seeking a reliable cash-flowing asset, a homeowner looking to significantly offset your mortgage, or a buyer in need of a flexible multi-generational setup, 125 Norice St. delivers on every level. Located close to schools, parks, shopping, public transit, and everyday amenities, this property offers the perfect blend of comfort, convenience, and investment. New roof for garage and shed Oct. 2026. Pre-Inspection report available by owner upon request.
The home
- Type
- Bungalow
- Style
- Bungalow
- Square footage
- 700-1100 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 8
- Basement
- Full, Finished
- Lot size
- 146 x 170 ft
- Faces
- North
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Driveway spaces
- 4
- Total parking
- 6
Taxes & other
- Property taxes
- $4,761/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- TBD
- Cross street
- Meadowlands at Norice Street
- Neighbourhood
- 7302 - Meadowlands/Crestview
More
- Price per sq ft
- ~$861 (at 900 sq ft)
- Listed
- Aug 13, 2026 · 61 days ago
- MLS® number
- X13674054
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
125 Norice Street, Meadowlands - Crestview and Area, ON K2G 2Y2
7302 - Meadowlands/Crestview, Meadowlands - Crestview and Area · Near Meadowlands at Norice Street
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Listing history for 125 Norice Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 125 Norice Street
Answers come straight from this home’s MLS® listing.
How much is 125 Norice Street listed for, and what would it cost each month?
125 Norice Street is listed for $775,000. With 20% down ($155,000), the mortgage payment would be roughly $3,126 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,523 a month, all in. That figure is an illustration, not a quote.
Is 125 Norice Street freehold or a condo, and is there a monthly fee?
125 Norice Street is a bungalow in 7302 - Meadowlands/Crestview, Meadowlands - Crestview and Area. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 125 Norice Street have?
125 Norice Street has 3 bedrooms, plus 2 more bedrooms in the basement, and 2 bathrooms.
Does 125 Norice Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 4 spaces. In total the listing counts 6 parking spaces.
Does 125 Norice Street have a finished basement?
The listing describes the basement as full, finished. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 125 Norice Street?
125 Norice Street is a bungalow. A bungalow has all of its main living space, including the bedrooms, on one floor, usually over a full basement.
How big is 125 Norice Street, and what is the lot size?
The listing puts the home between 700 and 1,100 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 146 x 170 ft.
How is 125 Norice Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 125 Norice Street?
Property taxes are $4,761 a year (2025), or about $397 a month.
Where is 125 Norice Street?
125 Norice Street is in the 7302 - Meadowlands/Crestview community of Meadowlands - Crestview and Area. The nearest main intersection is Meadowlands at Norice Street. The postal code is K2G 2Y2.
How long has 125 Norice Street been on the market?
125 Norice Street was listed on August 13, 2026. It has been on the market for 61 days. It is an active listing (MLS® X13674054). Listings here update from the board through the day and come down once a home sells.
What are similar bungalows near 125 Norice Street asking?
Similar bungalow-style homes for sale nearby right now include 82 Meadowlands Drive W at $799,900 (3+2 bed), 176 OAKRIDGE Boulevard at $849,900 (3+2 bed) and 119 Fieldrow Street at $899,900 (3+2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 125 Norice Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 125 Norice Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar bungalows nearby
More bungalow-style homes for sale near 7302 - Meadowlands/Crestview, picked by style, size and price.
Bungalow$799,90082 Meadowlands Drive W, Meadowlands - Crestview and Area3+2 bed · 3 bath · 7302 - Meadowlands/CrestviewCourtesy of: REAL BROKER ONTARIO LTD.View home →
Bungalow$849,900176 OAKRIDGE Boulevard, Meadowlands - Crestview and Area3+2 bed · 2 bath · 7302 - Meadowlands/CrestviewCourtesy of: ROYAL LEPAGE INTEGRITY REALTYView home →
Bungalow$899,900119 Fieldrow Street, Meadowlands - Crestview and Area3+2 bed · 2 bath · 7302 - Meadowlands/CrestviewCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →Courtesy of: GRAPE VINE REALTY INC.
PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.