121 Nipigon Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Newtonbrook East. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $2,599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 5 Bathrooms with 2 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 50 x 122.5 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
**Fabulous Location(Convenient/Quiet Combined)------Executive Family Home-----Apx 3600Sf(1st/2nd Flrs as per mpac) + fully finished Walkout basement(Potential Rental Income Bsmt($$$)W/A Separate Entrance) In highly demand & family-oriented newtonbrook east neighbourhood------This Gorgeous & timeless floor plan of five(5) bedrooms residence gives the art of space in timeless elegance and natural light with soaring ceilings, dramatic/soaring 2storey-soaring open foyer & hi ceiling(main)---Well-appointed & spacious formal living & dining rooms & Gourmet/family size kitchen with a large breakfast/eat-in area with natural sunlights for your family enjoyment & well-connected family/friends gathering family room with sunny/south exposure-----Super spacious-sunny primary bedroom with a built-In make up vanity area leading into A 5pcs Ensuite--All principal bedrooms(super bright sun-filling bedrooms) with closets & Separate entrance to Potential income($$$) Basement(Spacious rec room--small kitchen--washroom & 2bedrooms)****Functional & Super Convenient location to all amenities******Potential rental income & Live your family's comfortable lifestyle here*****
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 121 Nipigon Avenue, Toronto C14, ON M2M 2W5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,599,000 in Toronto, the legal minimum down payment is $519,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $51,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $51,450 also applies, bringing the total estimated land transfer taxes to $102,900.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
