$1,300,000
Listed for $1,300,000 on Aug. 12, 2025

243 Lippincott Street

Toronto C01

9 Bed|3 Bath|No|232 days on market

$1,300,000

Listed for $1,300,000 on Aug 12, 2025

Or call Dwelly at: (647) 797-1133

Home Details

Taxes
$626 / month
Total Parking Spots
0
Garage Spaces
0
Furnished
No
Move-in Date
TBD
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Finished with Walk-Out
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Vinyl Siding
Zoning
R(d1*848)
Sewer
Sewer
Property Type
Residential Freehold

Listing Description

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.

About 243 Lippincott Street, Toronto C01

Located at 243 Lippincott Street , this Toronto C01 house was listed for $1,300,000. It has 9 bedrooms and 3 bathrooms. The property includes the following rooms: .


MLS#: undefined · $1,300,000 · 9 bedroom house in Toronto C01