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New4 hours ago

27 Nipissing Drive

Islington-City Centre West, Toronto

$899,000

Detached|Bungalow
4 | 1 | 3
About this home

A Rare Opportunity in the Heart of Bloor & Kipling, 27 Nipissing Dr presents an exciting opportunity to own a 4-bedroom bungalow on a generous 44.33 ft x 110.50 ft lot in one of Etobicoke's most strategically positioned neighbourhoods. Set within a mature, established community surrounded by parks, schools, shopping and transit, this property offers the flexibility to move in, renovate, build or hold for the future. The existing bungalow provides a solid starting point for those looking to create a personalized family home, while the substantial lot and location make this a compelling opportunity for builders, renovators and long-term investors. Prime LOCATION- Just minutes from Kipling and Islington subway stations, the property is positioned near Etobicoke Centre, an area identified by the City of Toronto's Official Plan for significant residential and employment growth, increased density and continued evolution as a vibrant, transit-oriented mixed-use centre. A beautifully established neighbourhood with the convenience of transit, schools, parks and amenities close at hand.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,580
Lot Size44.33 ft x 110.5 ft
mls© NumberW13867564
Listed ByRE/MAX HALLMARK FIRST GROUP REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,601
Property tax
$465
Heat allowance
$150
Housing costs
$5,216 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $179,800
25-yr amortization

Income needed

$161,000

gross annual household income

Payment at 4%
$3,783 / mo
Cash down
$179,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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