27 Nipissing Drive, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13867564

$899,000
For Sale
Listed 13 days agoNo offer date stated
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4Bedrooms
1Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • 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...
  • 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...

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.

Key facts

Property type
Detached, Bungalow
MLS®
W13867564
Bedrooms
4
Bathrooms
1
Size
1100-1500 sq ft
Lot
44.33 × 110.5 ft
Cross streets
BLOOR ST.W./ LAUREL AVENUE
Parking
1 garage · 3 parking (carport)
Basement
Full
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,580 / 2025
Days on market
13
Listing brokerage
RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Rooms

RecreationBasement5.10 × 7.40 m

Window

Primary BedroomMain4.10 × 2.60 m

closet · hardwood floor · window

Living RoomMain4.50 × 4.00 m

hardwood floor · large window

KitchenMain3.70 × 3.60 m

eat-in kitchen · window

Bedroom 4Main2.60 × 3.30 m

closet · window · hardwood floor

Bedroom 2Main2.90 × 2.90 m

closet · hardwood floor · window

Bedroom 3Main3.10 × 4.00 m

hardwood floor · walk-out · closet

Dining RoomMain2.70 × 3.50 m

hardwood floor · large window

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Etobicoke Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Islington-City Centre West · asking prices
$1.19Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $917/sqft; this home lists at $692/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
899kThis home900k1.19M1.29M1.39MThis home vs active comparables

Neighbourhood & location

Islington-City Centre West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stonegate-Queensway
$2.25M
Leaside
$2.15M
Banbury-Don Mills
$5.50M
Willowdale East
$2.29M
Woodbine-Lumsden
$949K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Bloorlea Middle School
70%
Bloorlea Middle SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 70% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Wedgewood Junior School · Public elementary0.8 km · 79% at standard
Etobicoke Secondary Alternative School · Public secondary0.9 km
Burnhamthorpe Collegiate Institute · Public secondary1.0 km
Eatonville Junior School · Public elementary1.0 km · 75% at standard
West Glen Junior School · Public elementary1.1 km · 57% at standard
Our Lady of Peace Catholic School · Catholic elementary1.2 km · 71% at standard
Bloordale Middle School · Public elementary1.4 km · 69% at standard
Broadacres Junior Public School · Public elementary1.6 km · 55% at standard
St Clement Catholic School · Catholic elementary1.8 km · 85% at standard
Millwood Junior School · Public elementary2.0 km · 65% at standard
Silverthorn Collegiate Institute · Public secondary2.1 km · 68% at standard
Nativity of Our Lord Catholic School · Catholic elementary2.2 km · 68% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,097/mo
$175KIncome needed
5.1×Price ÷ income
$946Weekly cost
$28,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

90%mortgage
Mortgage $4,097Property tax $465Total carry $4,562

Calculate and customize your mortgage and other expenses

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,977per month

Mortgage amount $719,200 · 4.49% over 25 years

$179,800Down payment (20.0%)
$719,200Loan before insurance
$0CMHC premium
$4,442Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,977
Property tax
$465
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,442

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$14,455
Toronto municipal land transfer tax
$14,455
Estimated closing costs
$28,910

Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,813/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

$473,774Total interest paid
$1,192,974Total of all payments
Principal $719,200 Interest $473,774
YearPrincipalInterestBalance
1$16,049$31,669$703,151
2$16,778$30,941$686,372
3$17,540$30,179$668,832
4$18,336$29,383$650,496
5$19,169$28,550$631,327
6$20,039$27,680$611,288
7$20,949$26,770$590,339
8$21,900$25,819$568,438
9$22,895$24,824$545,544
10$23,934$23,785$521,609
11$25,021$22,698$496,589
12$26,157$21,562$470,432
13$27,345$20,374$443,087
14$28,586$19,133$414,501
15$29,884$17,835$384,617
16$31,241$16,478$353,376
17$32,659$15,060$320,717
18$34,142$13,577$286,575
19$35,692$12,027$250,882
20$37,313$10,406$213,569
21$39,007$8,712$174,562
22$40,778$6,941$133,784
23$42,630$5,089$91,154
24$44,565$3,154$46,589
25$46,589$1,130$0

At the end of your 5-year term

Total paid over the term
$238,595
Principal paid down
$87,873
Interest paid
$150,722
Balance remaining
$631,327

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.

Let's connect

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.

Investor snapshot

Rental yield
Estimate$2,300/mo
$27,600Gross annual rent
2.0%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.1%
Gross yield
− Property tax $5,580− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $17,584

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK FIRST GROUP REALTY LTD.. MLS®/PropTx.

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