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Islington-City Centre West, Toronto
$899,000
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,580 |
| Lot Size | 44.33 ft x 110.5 ft |
| mls© Number | W13867564 |
| Listed By | RE/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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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