Welcome to 407 Kipling Avenue! A beautifully renovated triplex offering 3 self-contained residential units, 8 bedrooms and 3 bathrooms, with 4 parking spaces. Over $250,000 spent on extensive upgrades and improvements throughout. Al three units feature stylish vinyl flooring, modern kitchens equipped with high-end KitchenAid appliances including dishwasher and laundry is also available for all units in the kitchen, updated bathrooms with new tiles, and new windows. The main and second-floor units each offer 3 bedrooms and 1 bathroom, while the basement unit features 2 bedrooms and 1 bathroom. An excellent opportunity for investors, multi-generational families or buyers looking to live in one unit while generating rental income from the ofhers. Conveniently located close to shopping, restaurants, schools, parks, public transit and everyday amenities, with easy access to major highways including the Gardner Expressway, QEW and Highway 427. A fantastic opportunity to own a turnkey, extensively upgraded income property in a desirable Toronto location!
6 bedrooms, 3 bathrooms, about 2,500 sq ft, works out to roughly $760 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 407 Kipling Ave
Every detail from the listing, in one place.
Type
Triplex
Style
2-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
4 spaces
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Triplex
407 Kipling Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14168878$1,899,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 407 Kipling Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$9,329
/mo
based on the purchase price of $1,899,000
$379,800 cash
$1,519,200 financed
$1,279,565 total interest
Principal54%$1,519,200
Interest46%$1,279,565
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 5–7 bed homes for sale in Toronto around $1.9M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5204.0%On average, homes sold at or above asking.
Active listings13,231Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 15 – Aug 13, 2026: prices down.
Based on 9,108 sales from Aug 13 – Nov 11, 2026 (7,230 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 407 Kipling Ave
How much is 407 Kipling Ave listed for?
407 Kipling Ave is listed at $1,899,000 (MLS® W14168878). Summitly updates the price as soon as the MLS® record changes.
Is $1,899,000 a good price for 407 Kipling Ave?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 407 Kipling Ave changed?
No — 407 Kipling Ave is still listed at its original asking price of $1,899,000.
How many bedrooms and bathrooms does 407 Kipling Ave have?
407 Kipling Ave has 6 bedrooms and 3 bathrooms, with about 2,500–3,000 square feet of living space. It is a triplex in Toronto.
How much would the monthly mortgage be on 407 Kipling Ave?
About $9,329 a month — principal and interest on $1,899,000 with 20% down ($379,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 407 Kipling Ave compare with other homes in Toronto?
Its asking price of $1,899,000 is about 126% above the median sold price in Toronto over the last 90 days, $840,000, across 9,108 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 407 Kipling Ave been sold before?
Summitly has no earlier MLS® sale or lease of 407 Kipling Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 407 Kipling Ave?
407 Kipling Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 407 Kipling Ave been on the market?
2 days — 407 Kipling Ave was listed on November 9, 2026.
What is the price per square foot of 407 Kipling Ave?
About $633 to $760 per square foot: the asking price of $1,899,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 407 Kipling Ave have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 407 Kipling Ave have a basement, and is it finished?
The listing describes the basement as: Finished, Separate Entrance.