This unique and high-performing duplex, generating approx $10,900 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.
City: Toronto
Neighborhood: University
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Aug 8, 2025 | 25 | $1,300,000 | N/A | New | C12338321 |
| Dec 12, 2024 | 124 | $2,000,000 | N/A | Expired | C11891386 |
| Oct 16, 2024 | 58 | $1,600,000 | N/A | Terminated | C9398542 |
| Oct 16, 2023 | 171 | $1,888,000 | N/A | Terminated | C7221424 |
| Sep 25, 2023 | 18 | $1,888,000 | N/A | Terminated | C7028202 |
| Jan 26, 2023 | 154 | $1,848,000 | N/A | Expired | C5882285 |
| Sep 19, 2022 | 86 | $1,799,000 | N/A | Expired | C5769810 |
| Nov 19, 2021 | 46 | $1,900,000 | N/A | Terminated | C5437210 |
| Nov 15, 2021 | N/A | $1,900,000 | N/A | Sold | C5432653 |
| Nov 8, 2021 | 11 | $1,799,000 | N/A | Terminated | C5426071 |
| Nov 11, 2020 | 61 | $1,799,000 | N/A | Terminated | C4986070 |
| Aug 28, 2020 | 75 | $1,999,000 | N/A | Terminated | C4889934 |
| Dec 15, 2008 | 64 | $799,000 | N/A | Suspended | C1528213 |
| Nov 17, 2008 | 25 | $699,000 | N/A | Terminated | C1514127 |
| Jan 17, 2004 | 105 | $395,000 | $355,000 | Sold | C385272 |
Located at 243 Lippincott St , this Toronto house went off the market on null. This house's size is < 700 Sqft. It has 7 bedrooms and 3 bathrooms. The property includes the following rooms: Family, Br, Kitchen, Primary, 2nd Br, 3rd Br, Primary, 2nd Br, 3rd Br, Kitchen, Living. 243 Lippincott St, Toronto is situated in the University neighbourhood.
MLS#: C12134404 · $2,000,000 · 7 bedroom house in University, Toronto