For Sale

243 Lippincott Street, Toronto (University), Ontario M5S2P4

$1,600,000

243 Lippincott Street, Toronto (University), Ontario M5S2P4 is For Sale and has a listing price of 1,600,000. The property is located in the Harbord Village neighbourhood. It's been on the website for 35 Days.

  • Single Family
    Property Type
  • Duplex
    Building Type
  • 9
    Bedrooms
  • 3
    Bathrooms
  • MLS ID: C9398542
  • Office Name OUR NEIGHBOURHOOD REALTY INC.
Property 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 lane-way 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’s 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. **** EXTRAS **** 2 sets Fridges, stoves, Washers/Dryers , dishwasher , 2 sets of furnace and AC. 2 SETS OF HYDRO AND GAS METER. (id:43137)

Property Details
  • Bedrooms: 9
  • MLS ID: C9398542
  • Bathrooms: 3
  • Price: $1,600,000
  • Transaction Types: For Sale
  • Ref ID: 27546533
  • Year Built: N/A
  • Building Type: Duplex
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Duplex
Price History
List Date MLS ID List Price Status End Date Closed Price
10/16/2024 C9398542 $2,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Floor Plans
Primary Bedroom - Second 5.1 m x 3.7 m
Bedroom 2 - Second 3.7 m x 2.7 m
Bedroom 3 - Second 3.8 m x 2.45 m
Living room - Flat 4 m x 3.7 m
Primary Bedroom - Flat 3.7 m x 3 m
Bedroom 2 - Flat 3.7 m x 3 m
Bedroom 3 - Flat 3.7 m x 2.9 m
Kitchen - Flat 4 m x 3.7 m
Family room - Main 3.9 m x 3.9 m
Bedroom - Main 3.9 m x 3.9 m
Kitchen - Main 4.7 m x 3.7 m
Neighborhood Stats
Harbord Village
  • $1,397,873 Average List Price
    based on 1 year
  • 39 New Listings
    based on 30 days
  • 29 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.01 % Up
  • Sold (12mo) 36
  • Rented (12mo) 98

  • 1 Month Change +16.4%
  • 3 Month Change +19.2%
  • 6 Month Change -29.9%
Walkscore
  • 98 Walk Score
    Walker's Paradise
  • 99 Transit Score
    Rider's Paradise
  • 100 Bike Score
    Biker's Paradise
Property Type Distribution
  • All Houses
    55.12%
  • Commercial
    8.58%
  • Condo
    35.99%
  • Parking
    0.3%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Basement2 N/a (finished)
  • Heating System Forced Air
  • Water Municipal Water
  • Exterior Vinyl Siding
  • Cooling System Central Air Conditioning
  • Basement Walk Out
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 16/10/2024 00:00:00
  • Zoning Y
  • Agent Name: TARA HUSSEIN
  • Last Updated: 02/11/2024 17:00:46
Open House Dates
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