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.
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)
List Date | MLS ID | List Price | Status | End Date | Closed Price |
---|---|---|---|---|---|
10/16/2024 | C9398542 | $2,000,000 | For Sale | - | - |
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 |