31 Tippett Road Unit 1015, Toronto C06

Price: $515,999

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C12884376

Great location. Corner unit with North and West views. Good building, excellent security, close to public transportation (TTC, Subway) and major arteries (401 & Allen Expwy), Yorkdale Mall, Humber River Hospital and many more amenities. Extras include: PARKING SPOT, LOCKER, Stainless steel Stove, Hood, Fridge, built in dishwasher and existing Microwave. NEW UPGRADED scratch and waterproof flooring in LR, KIT, HALLWAY areas.

31 Tippett Road Unit 1015 - Condo photo 1 of 13 in North York (Bathurst Manor / Clanton Park), Ontario
31 Tippett Road Unit 1015 - Condo photo 2 of 13 in North York (Bathurst Manor / Clanton Park), Ontario
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31 Tippett Road Unit 1015 - Condo photo 5 of 13 in North York (Bathurst Manor / Clanton Park), Ontario
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$515,999 - 31 Tippett Road Unit 1015, North York

Condo for Sale in North York

93 days on market
3Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
C12884376
Property Type
Condo
Status
active
Days on Site
93
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
North York (Bathurst Manor / Clanton Park)
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
QUINTILLION REALTY INC.
Description

Great location. Corner unit with North and West views. Good building, excellent security, close to public transportation (TTC, Subway) and major arteries (401 & Allen Expwy), Yorkdale Mall, Humber River Hospital and many more amenities. Extras include: PARKING SPOT, LOCKER, Stainless steel Stove, Hood, Fridge, built in dishwasher and existing Microwave. NEW UPGRADED scratch and waterproof flooring in LR, KIT, HALLWAY areas.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,647.34/mo

Includes CMHC insurance ($14,396)

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5-yr fixed avg.

Principal: $464,399Interest: $315,407
Mortgage Amount$478,795
Total Interest$315,407
Est. Property Tax$365/mo
Total Cost$794,203

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: North York (Bathurst Manor / Clanton Park)

Discover North York (Bathurst Manor / Clanton Park)

North York (Bathurst Manor / Clanton Park) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in North York (Bathurst Manor / Clanton Park)

  • Convenient location in North York (Bathurst Manor / Clanton Park)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

North York (Bathurst Manor / Clanton Park) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

31 Tippett Road Unit 1015, North York (Bathurst Manor / Clanton Park)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$455
Property Tax (est.)-$365
Insurance (est.)-$107
Net Cash Flow+$1,673

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $737/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 93 days on site, this property has exceeded the typical selling timeline for North York. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Investment Perspective

Looking at this as an investment: North York properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,150 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    31 Tippett Road Unit 1015 | $515,999 | Battaglia Team