The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Discover 89 Nipissing - an elegant & deeply loved country estate set on over 80 acres. Here is where old-world character meets modern systems, designed for elevated rural living & equestrian lifestyle.The home has been extensively renovated and restored - over the last 7 yrs and until recently. This home boats 5 bedrooms, 3 baths, 2 kitchens, 2 family rooms to name a few. Renovations are not limited to but include a spectacular newer kitchen (2025), hardwood floors, almost all new windows (47), architectural shingles (approx 3 yrs old of 40-yr), upgraded 200amp electric (2018) + 4 heat pumps (all 7 yrs or newer). Propane forced-air conversion in progress. Wood stove with WETT. Other highlights include oversized dining & family rooms, with French doors to very large covered porch, main floor 9 rooms, 8 finished rooms in the basement with a second family room, flex space, gym, cold storage, utility & boiler rooms. On the second floor -Master suite with new flooring, built-in closet & ensuite. Additional bedrooms feature built-ins, atrium, and one with private entrance to outside.Outdoor living is exceptional: back deck & powered hot tub, new stained stucco/concrete exterior (2 yrs), 290ft drilled well (2018) + 30' dug well for garden irrigation with submersible pump. Equestrian & farm infrastructure is premium: new post & beam shed, chicken coop ( with concrete floor, 15 amps), heated barn with electric garage door (barn 1999, original milk house foundation 1966), fibre-glass tack/feed room, heated with washer and dryer, tractor fuel tank, garden shed with power, second garden shed, trailer hookup (50 amp), 3 main paddocks each with their own water & power + remainder in pasture. Internet to barn. approx 45 acres hay field. Could support 400amp (another 200amp at pole). 89 Nipissing pulls out all the stops, and is completely move in ready! The entire property radiates warmth & heritage. A refined country estate with style, modern comfort & authentic farm capability.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$7,227/mo
Mortgage (principal + interest)$6,547
Property taxFrom listing: $8,168/yr$681
Minimum 20% ($350,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$350,000
Ontario land transfer taxProvincial brackets, no first-time refund$31,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$384,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Markstay-Warren has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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