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243 Lippincott

University | Toronto

$2,000,000.00

Listed 1 day ago

  • 7 bed
  • 3 bath
  • - sqft
  • 0.0 parking
  • Duplex

Instant Estimate

$1,960,464

-$39,536 compared to list price

  • Upper range

    $2,223,822

  • Mid range

    $1,960,464

  • Lower range

    $1,697,106

Property history

  • Now
    Listed on Oct 16, 2024

    Listed for $2,000,000.00

    1 day on market

  • Oct 16, 2023
    1 year ago

    Terminated

    Listed for $1,888,000.00 • 6 months on market

  • Sep 25, 2023
    1 year ago

    Terminated

    Listed for $1,888,000.00 • 18 days on market

  • Jan 26, 2023
    2 years ago

    Expired

    Listed for $1,848,000.00 • 5 months on market

  • Sep 19, 2022
    2 years ago

    Expired

    Listed for $1,799,000.00 • 3 months on market

Location & area

Schools nearby

Home Details

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.
Additional media
-
Property taxes
$7,508.91 per year / $625.74 per month
Basement
Fin W/O
Year build
-
Type
Duplex
Bedrooms
7 + 2
Bathrooms
3
Parking spots
0.0 Total
Floor
-
Balcony
-
Pool
None
External material
Vinyl Siding
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Forced Air
Fire place(s)
N
  • Main
    Family
    12’10” x 12’10”
    Br
    12’10” x 12’10”
    Kitchen
    15’5” x 12’2”
  • 2nd
    Prim Bdrm
    16’9” x 12’2”
    2nd Br
    12’2” x 8’10”
    3rd Br
    12’6” x 8’0”
  • Flat
    Prim Bdrm
    12’2” x 9’10”
    2nd Br
    12’2” x 9’10”
    3rd Br
    12’2” x 9’6”
    Kitchen
    13’1” x 12’2”
    Living
    13’1” x 12’2”

Listing Brokerage

MLS® Listing
C9398542
Brokerage
OUR NEIGHBOURHOOD REALTY INC.

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