Maxome Avenue
850 m Away2018
Sign In To See The Price73 Nipigon Avenue, Toronto, ON
Newtonbrook East, Toronto · MLS® C14160406
$799,900
For SaleListed 2 Days Ago
3+4BedroomsBeds
3BathroomsBaths
1Garage · 3 Parking
3Parking
1500-2000Sq ft
Listed By RE/MAX West Realty Inc.
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Key Facts
- Property type
- Detached, Bungalow
- Lot
- 50.08 × 122.5 ft
- Basement
- Separate Entrance, Development Potential
- Parking
- 1 garage · 3 parking (attached)
- Property tax
- $7,665 / 2026
- Offer date
- None stated
- Cross streets
- Yonge & Steeles
- Days on market
- 2
All Facts
- Property type
- Detached, Bungalow
- MLS®
- C14160406
- Bedrooms
- 3+4 (7 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 50.08 × 122.5 ft
- Cross streets
- Yonge & Steeles
- Parking
- 1 garage · 3 parking (attached)
- Driveway
- Private
- Basement
- Separate Entrance, Development Potential
- Kitchens
- 2 (1 + 1)
- Heating
- Other
- A/C
- None
- Exterior
- Stucco (Plaster)
- Foundation
- Other
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $7,665 / 2026
- Days on market
- 2
- Offer date
- None stated
- Listing brokerage
- RE/MAX West Realty Inc.
About This Home
From The Listing Description By RE/MAX West Realty Inc.
In short
- 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.
- 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...
- The home also features a newer roof (2023) and a new hot water tank (2026).
- The buyer and buyer's agent are to verify zoning, permitted uses, and required approvals for any rental suite, garden suite, or redevelopment.
Read The Full 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 newer roof (2023) 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.
Our Take
Team Asgarian, RE/MAX Hallmark Realty Ltd.A small discount is typical
$777Klikely sale price
Listed at $799,900. Going by how homes in Newtonbrook East and the wider GTA have actually closed against their asking prices (about 97%, blended from 21 local closings in 90 days), the likely sale price is near $777K, if it sells. A realistic range is $728K to $875K.
Independent value check. What our model says the home itself is worth, and what sets it apart, is free for signed-in members. Sign In To See It
List price
$728KBelow recent closings$875KAbove recent closings
Total price vs nearby homes. Likely closing about $777K, from 21 recent closings in this pocket.
The market behind the math, in Newtonbrook East
21sold nearby · 90 days
$1.39Mmedian detached sold · 90 days
97%of asking, local average
~20 dayshomes like this take to sell
2days on market so far
$4,353/moest. rent · 8 leases
6.5%gross yield on the ask
Seller's market
Buyer's marketSeller's market
About 0.7 months of inventory: 5 detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers. This reads supply only, not prices.
This home
Below area avgAbove area avg
Price per square foot: this home lists at $457/sqft against an area asking average of $996/sqft.
- Corner lot. Two street frontages: more to landscape, shovel and mow, and more exposure to traffic, wind and headlights at night. Buyers price that against an interior lot on the same street, so I read this one on the cautious side and confirm the setting in person.
- Separate-entrance basement apartment features. A finished 4 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in Newtonbrook East: 40 of the 211 detached leases here lately were basement units, around $1,800 a month. That points to potential income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
The likely sale price starts from the asking price and how homes here have actually closed against theirs, so it says where this one will probably land, not what it is worth. Condition, finishes and how the home shows remain an in-person call.
What the listing highlights5 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
- Corner lot: more light and frontage, sometimes at the cost of privacy. Weigh carefully
Schools & getting aroundcatchment and transit
Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Based on 21 closings nearby in the last 90 days.
Sold Price Trend
Median sold price for detached homes in Newtonbrook East: $1.60M in October 2026, down 16% from a year ago, on 72 closings in 8 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| March 2026 | $1.40M | 11 |
| April 2026 | $2.25M | 7 |
| May 2026 | $1.38M | 15 |
| June 2026 | $1.32M | 8 |
| July 2026 | $1.30M | 7 |
| August 2026 | $1.28M | 9 |
| September 2026 | $1.25M | 7 |
| October 2026 | $1.60M | 8 |
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Our Transactions Near This Listing
Homes Team Asgarian has handled within 1 km of Nipigon Avenue. Signed-in members see each price, verified against board records.
Meadowview Avenue
550 m Away2018
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Grandview Avenue
550 m Away2026
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Yonge Street
650 m Away2018
Sign In To See The PriceOther Homes For Sale In Newtonbrook East
For sale in Newtonbrook East now · asking prices
How This Price Compares
$1.16Mavg asking
Every home like this one for sale in Newtonbrook East right now. These are asking prices, not sales.
49 Bowerbank Drive $571/sqft$999k941 Willowdale Avenue $884/sqft$1.15M32 Newton Drive $1,311/sqft$1.18M183 Maxome Avenue $915/sqft$1.19M72 Bowerbank Drive $731/sqft$1.28M
Per square foot, these ask about $882/sqft; this home lists at $457/sqft.
The 5 closest in price of 27 for sale in Newtonbrook East.
See all comparable homesNeighbourhood & Location
Newtonbrook East, Toronto, ON
Commute
Time from this home to where you spend your dayEnter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Get The Full Neighbourhood Report (Schools, Parks, Transit & Safety) →
Schools & Catchment
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
79%
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Lillian Public School · Public elementary0.3 km · 62% at standard
Brebeuf College School · Catholic secondary1.0 km · 80% at standard
Newtonbrook Secondary School · Public secondary1.1 km · 68% at standard
Drewry Secondary School · Public secondary1.4 km
St Paschal Baylon Catholic School · Catholic elementary1.6 km · 72% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.7 km · 74% at standard
Pleasant Public School · Public elementary1.8 km · 58% at standard
R J Lang Elementary and Middle School · Public elementary1.9 km · 60% at standard
Blessed Trinity Catholic School · Catholic elementary2.1 km · 53% at standard
Finch Public School · Public elementary2.2 km · 72% at standard
Lester B Pearson Elementary School · Public elementary2.3 km · 92% at standard
Steelesview Public School · Public elementary2.4 km · 85% at standard
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Estimated Mortgage
$3,646/mo
$164KIncome needed
4.9×Price ÷ income
$841Weekly cost
$24,946Land transfer tax, one-time (Ontario + Toronto)
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Mortgage is 85% of the monthly costMortgage $3,646Property tax $639Total carry $4,284
Calculate And Customize Your Mortgage
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
$
20.0%
$
%
4.59%
%
Live rate from Ratehub.caConventional (20%+ down). Best insured 5-year fixed 4.44% via Ratehub.ca (as of November 9, 2026); conventional rates run a little higher.
years
years (your rate-locked period)
$3,574per month
Mortgage amount $639,920 · 4.59% over 25 years
$159,980Down payment (20.0%)
$639,920Loan before insurance
$0CMHC premium
$4,213Total monthly cost
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,574
- Property tax
- $639
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,213
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12,473
- Toronto municipal land transfer tax
- $12,473
- Estimated closing costs
- $24,946
Plus your down payment of $159,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
6.59%Qualifying rate
$4,321/monthPayment at the qualifying rate
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
$432,242Total interest paid
$1,072,162Total of all payments
Principal $639,920 Interest $432,242
YearPrincipalInterestBalance
1$14,082$28,804$625,838
2$14,736$28,150$611,102
3$15,420$27,466$595,682
4$16,136$26,750$579,546
5$16,885$26,001$562,661
6$17,669$25,217$544,991
7$18,489$24,397$526,502
8$19,348$23,539$507,154
9$20,246$22,640$486,908
10$21,186$21,700$465,722
11$22,170$20,717$443,553
12$23,199$19,688$420,354
13$24,276$18,611$396,078
14$25,403$17,483$370,675
15$26,582$16,304$344,092
16$27,816$15,070$316,276
17$29,108$13,779$287,168
18$30,459$12,427$256,709
19$31,873$11,013$224,835
20$33,353$9,533$191,482
21$34,902$7,985$156,580
22$36,522$6,364$120,058
23$38,218$4,669$81,841
24$39,992$2,894$41,849
25$41,849$1,038$0
At the end of your 5-year term
- Total paid over the term
- $214,432
- Principal paid down
- $77,259
- Interest paid
- $137,173
- Balance remaining
- $562,661
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Questions About 73 Nipigon Avenue
What is the asking price for 73 Nipigon Avenue?
It is listed at $799,900.
How many bedrooms and bathrooms does 73 Nipigon Avenue have?
3+4 bedrooms, and 3 bathrooms.
How big is 73 Nipigon Avenue?
The listing gives 1500-2000 sq ft of living space, on a 50.08 × 122.5 ft lot.
Does 73 Nipigon Avenue have parking?
1 garage space, 3 parking spaces in all.
What are the property taxes on 73 Nipigon Avenue?
$7,665 a year, for 2026.
Is there an offer date for 73 Nipigon Avenue?
The listing does not state an offer date.
Which schools is 73 Nipigon Avenue zoned for?
By the school boards' attendance boundaries: Cummer Valley Middle School, Avondale Secondary Alternative School and St. Agnes. Boundaries change, so confirm with the board before relying on it.
When was 73 Nipigon Avenue listed?
It came on the market on November 7, 2026.
Who is the listing brokerage for 73 Nipigon Avenue?
RE/MAX West Realty Inc. Showing requests on this page go to Team Asgarian, RE/MAX Hallmark Realty Ltd.
How can I request a showing of 73 Nipigon Avenue?
Send a showing request with your phone number, or call (416) 837-8000. Team Asgarian will call you to confirm a time.
Can Team Asgarian represent me as the buyer?
Yes, if you are not already working with another agent. We talk it through on the call before anything is signed.
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX West Realty Inc. MLS®/PropTx.