243 Lippincott Street

Downtown, Toronto

243 Lippincott Street
243 Lippincott Street
243 Lippincott Street
+35
7+2
 bed
3
 bath
0
 parking
-
 sqft
Duplex
$2,000,000
For Sale
112 days
 on site
$2,000,000
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Size
-
Lot size
2363 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
$7,508.91 (2023)
Parking Type
-
Style
2-Storey
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Description
This unique and high-performing duplex, generating $9,600 per month in rental income, offers both current cash flow and future development potential. The property features a 3-bedroom laneway house (separately metered) and a 4-bedroom main house with an additional 2 bedrooms in the basement, providing ample space for tenants. Exciting development potential awaits! The city has expressed support for converting the property into 4 legal units fronting on Lippincott St. and 1 legal unit on Croft St., offering a rare opportunity to maximize the property value. Located in a prime downtown Toronto location, this property is a short walk to the University of Toronto, Toronto General Hospital, shopping, community centers, and more. This is an exceptional opportunity for investors looking to expand their portfolio in one of Toronto's most sought-after neighborhoods.
Broker: OUR NEIGHBOURHOOD REALTY INC.
MLS®#: C11891386
Property details
Parking:
No
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
17 Ft
Lot depth:
139 Ft
Listed on:
Dec 12, 2024
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Rooms
LevelNameSizeFeatures
Flat
Bedroom 2
3.70 x 3.00 ft
Flat
Bedroom 3
3.70 x 2.90 ft
Flat
Kitchen
4.70 x 3.70 ft
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Instant estimate:
orto view instant estimate
$106,231
lower than listed price
i
High
$1,961,306
Mid
$1,893,769
Low
$1,798,482
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About 243 Lippincott Street

243 Lippincott Street is a Toronto duplex for sale. 243 Lippincott Street has an asking price of $2000000, and has been on the market since December 2024. This duplex has 7+2 beds and 3 bathrooms.

Some good places to grab a bite are Think It, Emmer or Harbord Fish & Chips. Venture a little further for a meal at one of Annex neighbourhood's restaurants. If you love coffee, you're not too far from Krispy Kreme Doughnuts located at 215 Harbord St. For grabbing your groceries, Archer Dentist is not far.

For those residents of 243 Lippincott St, Toronto without a car, you can get around rather easily. The closest transit stop is a Bus Stop (Harbord St at Brunswick Ave) and is a short distance away connecting you to Toronto's public transit service. It also has route Wellesley nearby. Residents of 243 Lippincott St also have decent access to Gardiner Expressway, which is within a few minutes drive getting on and off at Rees St.