73 Nipigon Ave Toronto near Yonge & Steeles | Single Car Garage Detached home for sale

Description

Oversized corner lot (50 x 122.5 ft) in prime Newtonbrook East, near Yonge and Steeles. Renovate the existing home, build a custom residence, or explore adding a garden suite. The main level features 3 bedrooms, a full bathroom, and a full kitchen. With a separate entrance, two full bathrooms, space for a kitchen, and a layout that could accommodate up to 4 bedrooms, the basement offers room for extended family or the potential for a rental suite to help offset carrying costs. The home also features a 200-amp electrical panel, a newer roof, and a new hot water tank (2026). Close to Centrepoint Mall, schools, parks, restaurants, and TTC and YRT routes, with convenient access to Finch Station and major highways.The buyer and buyer's agent are to verify zoning, permitted uses, and required approvals for any rental suite, garden suite, or redevelopment.

Features

Facing: South
Bedrooms: 3
Bathrooms: 3
Garages: 1
Kitchens: 1

Details

Lot size: 50.08 x 122.50 Feet
Space: 1500-2000
Tax: $ 7665.44
C14160406
Listing contracted with: RE/MAX WEST REALTY INC.

Bathroom	Pieces	Level
1xBath	4 pcs	Main
2xBaths	3 pcs	Basement

Property Summary

Located close to the intersection of Yonge & Steeles, 73 Nipigon Ave is a 3+4 bedrooms 3 washrooms Detached. The unit has a Single Attached Parking Space. The property basement is Separate Ent Development. The property has many nice features including Water Heater Owned. .

Home Market Analysis

For Sale

For Lease

Comparable home values have increased 11.5% compared with the same period last year.

Rent levels have decreased 3.9% compared with the same period last year.

Recent Comparable Value Range

$1,140,000 – $1,520,000

Recent 6-Month Rent Range

$3,550 – $3,800/month

How This Home Compares

Market Temperature

Balanced Market

Strong SellerSellerBalancedBuyerStrong Buyer

Supply and recent sales are relatively balanced for similar homes.

Typical Selling Time

27 Days

Similar homes are selling in about 27 days, slower than the same period last year.

Price Position

39.7% Lower

The asking price is below the estimated value of comparable homes.

Local Area Profile

This property is located in an area with a high level of homeownership with a mix of detached homes and apartments and condominiums. Approximately 55% of residents hold a bachelor's degree or higher, while about 11% have a college credential. Residents use a combination of driving and public transit for commuting.

School Information

Elementary Schools
Lillian Public School (Grade: JK - 5) | School Boundary

Home school

Distance to school: 0.3 km (~6 min walk)
Cummer Valley Middle School (Grade: 6 - 8) | School Boundary

Home school

Distance to school: 1.5 km (~28 min walk)
ST CYRIL (Grade: JK - 8)

Catholic French Immersion school

Distance to school: 2.4 km (~7 min drive)
ST AGNES (Grade: JK - 8)

Catholic French Immersion school

Distance to school: 0.9 km (~17 min walk)
ST TIMOTHY (Grade: 5 - 8)

Catholic French Immersion school

Distance to school: 5.7 km (~17 min drive)
Secondary Schools
Newtonbrook Secondary School (Grade: 9 - 12) | School Boundary

French Immersion school

Rank: 345/746 (Score: 6.2) 5 year average: 562/746 (Score: 4.4)

Distance to school: 1.0 km (~19 min walk)
St. Josephs Morrow Park (Grade: 9-12)

Catholic School

Distance to school: 1.7 km (~31 min walk)
Brebeuf (Grade: 9-12)

Catholic AP program school

Rank: 323/746 (Score: 6.3) 5 year average: 372/746 (Score: 5.9)

Distance to school: 1.0 km (~18 min walk)

Location

Community Overview

73 Nipigon Ave is at the Heart of Newtonbrook East Community. The community of Newtonbrook East runs from Yonge Street Road on the West to Finch Avenue in the south, Bayview Avenue on the East, and Steeles Avenue in the north. Newtonbrook East is a highly diversified community; the mother tone of around 72% of residents is not in English. This part of North York is mixed with bungalows, split-level and 2-storey houses, while the original residential real estate construction started in 1950. In past 3 months, 21 Detached homes were sold at average of $1.72M. The community also saw a higher than an average number of young adults aged between 20 and 34 living with parents. In 73 Nipigon Ave neighbourhood, you will find many residents are Iranian, Chinese, Persian, Italian, and Filipino. Around 41% of residents travel by public transit, higher than Toronto's average. Newtonbrook Park, Maxome Park, Wedgewood Park, Lilian Park, Silverview Park Centre Park, and Caswell Park offer Walking trails, kids' playgrounds, soccer fields, baseball diamonds, basketball courts, and tennis courts. There are abundant shops in and near Newtonbrook East. Newtonbrook East is a highly diversified community with convenient public transit and plenty of shopping and restaurants.