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1of10
Duplex for sale: 243 LIPPINCOTT STREET, Toronto
243 Lippincott Street
$2,000,000
Toronto , Ontario M5S2P4
9 bed
3 bath
About the Property

Lippincott St. / Harbord St. 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. (id:27476)

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Property Details
MLS® Number
C11891386
Type
Multi-family
Community Name
University
Land Size
17.08 x 139.8 FT
Building
Building Type
Duplex
Storeys
2
Bathrooms Total
3
Bedrooms Above Ground
7
Bedrooms Total
9
Exterior Finish
Vinyl siding
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Walk out
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Utilities
Water
Municipal water
Utility Sewer
Sanitary sewer
Room Layout
Primary Bedroom
Second level
5.1 m x 3.7 m
Bedroom 2
Second level
3.7 m x 2.7 m
Bedroom 3
Second level
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 level
3.9 m x 3.9 m
Bedroom
Main level
3.9 m x 3.9 m
Kitchen
Main level
4.7 m x 3.7 m
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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$2,000,000 - 243 LIPPINCOTT STREET, Toronto Ontario M5S 2P4, Canada | Real Estate For Sale | HomeAds.ca

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Updated April 17th 2025 10:10 pm

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Darya Strilyana
Darya Strilyana
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Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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