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Investment signal

$1,299,000

69 NIPIGON AVENUE

Beds

6

Baths

4.1

Sqft

Year

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Welcome to this sublime family home with upgrades throughout, located on a south-facing lot in a highly convenient location!! Just minutes to Yonge St, with ample living space, rental income opportunity, and a splendid fenced backyard. Enter to find the main floor, with 3 bedrooms and a bright, well-appointed layout throughout, spacious living room, and spectacular eat-in kitchen that includes stainless steel appliances and a superb design. The finished basement features two separate units; each with its own private bathroom & kitchen. Basement has been fully waterproofed (2025) and has a separate entrance, further providing excellent circumstances for rental income. Additional home upgrades include a new hot water tank (replaced 2025), furnace replaced in 2019, exceptionally maintained roof (replaced 2013 with last maintenance in 2024), & sump pump installed with warranty certificate. Situated in an outstanding location with convenient access to Yonge, serene parks, multitude of shops, dining, transit, and more. Don't miss your opportunity to view this truly pristine family property. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Newtonbrook East
Common interest
Freehold
Lot dimensions
40 x 122.5 FT
Bedrooms
3 above grade, 3 below grade
Parking
7 total
Stories
1
On market
Apr 17, 2026
Status changed
Apr 17, 2026
Annual tax
$6,900
Photos
39
MLS#
C13014382
Area
TORONTO_(NEWTONBROOK_EAST)

Features and systems

Parking

Detached GarageGarage

Basement

FinishedApartment in basementSeparate entranceN/AN/AN/A

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

HardwoodLaminate

Foundation

Concrete

Lot

Sump Pump
Negative cash flow ~$2,500/mo at these assumptions

Cash on cash

-11.55%

Cap rate

3.58%

GRM

16.7

Break-even rent

$9,131

Financing

Down payment$259,800
Loan amount$1,039,200
Mortgage$6,375/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$595
Insurance$80
Maintenance$1,083
CapEx reserve$541
Vacancy loss$325

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Newtonbrook East). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $6,375/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.

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