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243 Lippincott Street in Toronto for sale

Asking price
$2,000,000
Estimate (Oct 16)
$1,960,464
MLS #:
C9398542
Type:
Duplex, 2-Storey
Basement:
Fin W/O
7+2 7+2
17.08 x 139.80 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sld N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sus N/A N/A N/A
0000-00-00 $00000 Sus N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
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 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.

2 sets Fridges, stoves, Washers/Dryers , dishwasher , 2 sets of furnace and AC. 2 SETS OF HYDRO AND GAS METER.

The address 243 Lippincott Street was listed for sale (MLS# C9398542) on Wednesday, October 16, 2024.

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  • Date Listed: Wednesday, October 16, 2024
  • Listing Brokerage: Our Neighbourhood Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Our Neighbourhood Realty Inc. and should be verified by the buyer.
  • City: Toronto

    More 7 bedrooms homes for sale in Toronto

  • Neighbourhood: University
  • Major Intersection: Lippincott St. / Harbord St.
  • Full Address: 243 Lippincott Street, Toronto, M5S 2P4, ON, Canada
  • Family Room: Hardwood Floor
  • Kitchen: W/O To Patio
  • Kitchen: Laminate
  • Living Room: Laminate
  • Amenities:
  • Taxes: $7,508.91 (2023)
Family13 x 13 ft169 sq ft
Br13 x 13 ft169 sq ft
Kitchen15 x 12 ft180 sq ft
Prim Bdrm17 x 12 ft204 sq ft
2nd Br12 x 9 ft108 sq ft
3rd Br12 x 8 ft96 sq ft
Prim Bdrm12 x 10 ft120 sq ft
2nd Br12 x 10 ft120 sq ft
3rd Br12 x 10 ft120 sq ft
Kitchen13 x 12 ft156 sq ft
Living13 x 12 ft156 sq ft

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.