121 Nipigon Ave

FOR SALE
$2,599,000
121 Nipigon Ave, North York
121 Nipigon Ave
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121 Nipigon Ave
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121 Nipigon Ave
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5 + 2
BEDROOMS
5
BATHROOMS
1 + 1
KITCHENS
11 + 3
ROOMS
C11978128
MLSID
Contact Us
Property 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*****
Nearby Intersections
Property Features
Library, Park, Place Of Worship, Public Transit, Rec Centre, School
Property Details
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3500-5000
Lot Size
50' x 122'
Fronting
South
Taxes
$11,867 (2024)
Basement
Fin W/O
Exterior
Brick, Stone
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Built-In
Room Summary
RoomLevelSizeFeatures
LivingMain10.99' x 18.04'Hardwood Floor, Moulded Ceiling, Combined W/Dining
DiningMain10.99' x 14.99'Hardwood Floor, Combined W/Living, O/Looks Living
KitchenMain13.35' x 15.94'Granite Counter, Centre Island, Tile Floor
BreakfastMain9.55' x 15.72'Combined W/Kitchen, W/O To Deck, South View
FamilyMain12.01' x 19.69'Gas Fireplace, Hardwood Floor, Pot Lights
LibraryMain8.99' x 11.81'B/I Bookcase, Hardwood Floor, French Doors
Prim Bdrm2nd12.01' x 22.31'6 Pc Ensuite, Hardwood Floor, Closet
2nd Br2nd10.99' x 16.01'Semi Ensuite, Hardwood Floor, Window
3rd Br2nd10.99' x 14.01'Semi Ensuite, Window, Closet
4th Br2nd10.99' x 15.09'Hardwood Floor, Window, Closet
5th Br2nd11.48' x 13.78'Hardwood Floor, Window, Closet
RecBsmt13.12' x 21.33'W/O To Yard, Open Concept, Pot Lights
North York Market Statistics
North York Price Trend
121 Nipigon Ave is a 5-bedroom 5-bathroom home listed for sale at $2,599,000, which is $341,260 (15.1%) higher than the average sold price of $2,257,740 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 5 bedroom home in North York declined by $417,786 (15.6%) compared to the previous 30 day period (December 22 - January 20) and down $43,645 (1.9%) from the same time one year ago.
Inventory Change
There were 122 5-bedroom homes listed in North York over the last 30 days (January 21 - February 19), which is up 71.8% compared with the previous 30 day period (December 22 - January 20) and up 60.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in North York typically sold ($33,435) (1.5%) below asking price over the last 30 days (January 21 - February 19), which represents a $266,747 increase compared to the previous 30 day period (December 22 - January 20) and ($36,659) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in North York over the last 30 days (January 21 - February 19) stood at 31.1%, up from 26.8% over the previous 30 days (December 22 - January 20) and down from 48.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in North York stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Forest Hill Real Estate Inc.
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