Blurred preview image for 243 Lippincott St, Toronto

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$X,XXX,XXX

XXX Xxxxxxxxxx Xx, Xxxxxxx

Terminated in University | XX days on TopHouse

Duplex

X+X Xx

X Xx

X Xx

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Xx Xxxxxxx

X Xxxxxx | Xx Xxxxxxxx

$X,XXX

XXXX Xxxxx

Xxxxxx Xxx

Xxxxxxx Xxx

Xxxxxx

XX.X x XXX.X Xxxx

Xxx Xxxx

Xxx X/X

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.

Details

Bedrooms

X+X

Bathrooms

X

Garage

Xx

Driveway

Xx

Rooms

XX

Style

X-Xxxxxx

Den

Xxx

Air Conditioning

Xxxxxxx Xxx

Elevator

Xx

Exterior Construction

Xxxxx Xxxxxx

Heating

Xxxxxx Xxx

Swimming Pool

Xx

Zoning

X(xX*XXX)

Energy Certification

Xx

Water Source

Xxxxxxxxx

Family Room

Xxx

Sewer

Xxxxxx

Estimate:calculating...

Listing Brokerage

OUR NEIGHBOURHOOD REALTY INC.

Data is provided courtesy of Toronto Regional Real Estate Board

The information contained in this listing should be verified by the buyer

Behnam Amirghassemi, Sutton Group-Admiral Realty Inc. Brokerage