243 Lippincott Street, Toronto, Ontario M5S 2P4

Listed for:
$2,000,000
9 beds
3 baths
Listed 108 days ago
Duplex for rent: 243 Lippincott Street, Toronto, Ontario M5S 2P4

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Learn more about this property
Listing provided by:
OUR NEIGHBOURHOOD REALTY INC.
MLS® number:
C11891386
Agent:
Tara Hussein
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About

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)

Property Highlights

MLS® Number
C11891386
Type
Multi-family
Community Name
University
Land Size
17.08 x 139.8 FT

Building

Building Type
Duplex
Storeys
2.00
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

Location