1 / 38
243 Lippincott St, Toronto
For Sale in University | 41 days on TopHouse
Duplex
7+2 Bd
3 Ba
0 Ga
Receive updates for Duplex homes in University, Toronto
$2,000,000
For Sale
|
41 daysDate: 2024-12-12
C11891386
No Parking
0 Garage | No Driveway
$7,509
2023 Taxes
Forced Air
Central Air
Duplex
17.1 x 139.8 Feet
Lot Size
Fin W/O
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.
Bedrooms
Bathrooms
Garage
Driveway
Rooms
Style
Den
Air Conditioning
Elevator
Exterior Construction
Heating
Swimming Pool
Zoning
Water Source
Family Room
Sewer
Receive updates for Duplex homes in University, Toronto
Tour with an agent
By submitting this form, I understand TopHouse will share my information with registered real estate professionals
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