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Last Updated : 4 Days ago
243 Lippincott St, Toronto, Ontario, University
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243 Lippincott St, Toronto MLS Number: C9398542

University, Toronto, ON, M5S 2P4

$1,600,000

Price drop by $400,000

Status: For Sale

  • 7+2 Beds
  • 3 Baths
  • Property Type: Residential (Duplex)
  • Property Taxes : $7508.91 (Tax Year:2023)
  • Listing Courtesy : Our Neighbourhood Realty Inc.

243 Lippincott St Property 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.

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243 Lippincott St Property Facts

Property Type :Residential
MLS Number :C9398542
Listing Type :Sale
Possession Date :
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Last Updated :13 Nov, 2024 (4 Days ago)
Source :TRREB
Area :Toronto
Community : University
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Postal Code : M5S 2P4
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243 Lippincott St Property Price & Tax Insights

Price : $1,600,000
Property Taxes :$7508.91
Tax Year :2023

243 Lippincott St, Toronto Property Details

Bedrooms :7 + 2
No. of Rooms :11
Air Conditioning :Central Air
Heating :Forced Air
Place of Worship :No
Cross Street :Lippincott St. / Harbord St.
Bathrooms :3
Fuel :Gas
Elevator :No
Fireplace/Stove :No
Dimensions 11
Family :3.90 m x 3.90 m
Kitchen :4.70 m x 3.70 m
2nd Br :3.70 m x 2.70 m
Prim Bdrm :3.70 m x 3.00 m
3rd Br :3.70 m x 2.90 m
Living :4.00 m x 3.70 m
Br :3.90 m x 3.90 m
Prim Bdrm :5.10 m x 3.70 m
3rd Br :3.80 m x 2.45 m
2nd Br :3.70 m x 3.00 m
Kitchen :4.00 m x 3.70 m

Exterior Information

Exterior Finish :Vinyl Siding
Parking Space :0
Basement :Fin W/O
Garage :None

243 Lippincott St, Toronto - Price History

2024-11

02 Nov, 2024

TREB #C9398542

Price Change, Available

$1600000.0

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

243 Lippincott St - Location Map and Landmarks

  • Bathurst Subway, Toronto 0.58 km
  • Spadina Subway, Toronto 0.7 km
  • Christie Subway, Toronto 0.87 km
  • St George Subway, Toronto 1.01 km
  • Museum Subway, Toronto 1.34 km
  • Queen'S Park Subway, Toronto 1.43 km
  • Ossington Subway, Toronto 1.46 km
  • Dupont Subway, Toronto 1.49 km
  • Bay Subway, Toronto 1.75 km
  • St Patrick Subway, Toronto 1.78 km
  • Central Technical School, Toronto 0.28 km
  • King Edward Junior & Senior Public School, Toronto 0.36 km
  • Harbord Collegiate Institute, Toronto 0.49 km
  • Da Vinci School, Toronto 0.58 km
  • Lord Lansdowne Junior & Senior Public School, Toronto 0.58 km
  • Kensington Community School, Toronto 0.6 km
  • Downtown Jewish Community School, Toronto 0.62 km
  • Paul Penna Jewish, Toronto 0.62 km
  • Clinton Street Junior Public School, Toronto 0.64 km
  • St Francis Of Assisi Catholic Elementary School, Toronto 0.79 km
  • Krembil Research Institute, Toronto 0.84 km
  • Toronto Western Hospital, Toronto 0.92 km
  • University Health Network - Toronto Western, Toronto 0.94 km
  • Mount Sinai Hospital Special Pregnancy Program, Toronto 1.42 km
  • Princess Margaret Hosp, Toronto 1.48 km
  • Mount Sinai Hospital, Toronto 1.49 km
  • Sinai Health System - Mount Sinai, Toronto 1.5 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 1.51 km
  • University Health Network - Toronto Rehabilitation Institute, Toronto 1.56 km
  • Tgh Peter Munk Cardiac Centre, Toronto 1.57 km
  • Bloor-Borden Farmers' Market, Toronto 0.41 km
  • Sobey'S, Toronto 0.45 km
  • Honest Ed'S, Toronto 0.46 km
  • Price War, Toronto 0.5 km
  • The Village Market, Toronto 0.53 km
  • Bloor Superfresh, Toronto 0.55 km
  • Metro, Toronto 0.59 km
  • Friendly Magnolia, Toronto 0.68 km
  • Bloor Fruit Market, Toronto 0.7 km
  • P.A.T. Central, Toronto 0.7 km
  • Bathurst Street and Harbord Street, Toronto 0.13 km
  • Harbord Street and Palmerston Boulevard, Toronto 0.33 km
  • Bloor Street West and Bathurst Street, Toronto 0.48 km
  • Spadina Avenue and Harbord Street, Toronto 0.51 km
  • Bathurst Street and College Street, Toronto 0.56 km
  • Spadina Avenue and Spadina Crescent, Toronto 0.57 km
  • College Street and Augusta Avenue, Toronto 0.61 km
  • Harbord Street and Clinton Street, Toronto 0.63 km
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FAQs: 243 Lippincott St, Toronto

  • Q: Does this Project 243 Lippincott St available for Sale ?

    A: The project 243 Lippincott St is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 243 Lippincott St is Offering?

    A:Square Yards is giving a Cashback of $8,000 if you buy this property from us, however there are several key features offered by the 243 Lippincott St. You get 7+2 Beds with 3 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 243 Lippincott St?

    A: 243 Lippincott St in Toronto offers a total of 0 parking spaces for residents.
  • Q:How many Beds & Baths available in 243 Lippincott St, Toronto?

    A: 243 Lippincott St, Toronto comes with 7+2 Beds for maximum convenience and space. There are 3 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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