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0000-00-00 | $00000 | Ter | N/A | N/A | N/A |
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0000-00-00 | $00000 | Sld | May 01, 2004 | $355,000 |
Listed by Our Neighbourhood Realty Inc..
243 Lippincott Street is a Duplex, 2-Storey and is currently for Sale @ $2,000,000. Taxes in 2023 were $7,508.91.
More homes for sale under 2M in Toronto
This unique and high-performing duplex, generating $9,600 per month in rental income, offers both current cash flow and future development potential. The 2-Storey on 243 Lippincott Street has 7 bedrooms, 3 bathrooms, and is located on a 139.80 x 17.08 ft lot in the community of University . 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.
The address 243 Lippincott Street was listed for sale (MLS# C11891386) on Thursday, December 12, 2024.