Header
logo
Stuart McKerrow pic smckerrow@sutton.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. pic 358 Davenport Road, Toronto, Ontario M5R 1K6 pic Office: 416-966-0300 | Fax: 416-966-0080 | Cell: 416-856-6810

header

$1,600,000
Available - For Sale
Listing ID: C9398542
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.
Extras:   2 sets Fridges, stoves, Washers/Dryers , dishwasher , 2 sets of furnace and AC. 2 SETS OF HYDRO AND GAS METER.
Price $1,600,000
Taxes: $7,508.91
Address: 243 Lippincott St , Toronto, M5S 2P4, Ontario
Lot Size: 17.08 x 139.8 (Feet)
Directions/Cross Streets: Lippincott St. / Harbord St.
Rooms: 11
Rooms +: 3
Bedrooms: 7
Bedrooms +: 2
Washrooms: 3
Kitchens: 2
Family Room: Y
Basement: Fin W/O
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Family 12.79 12.79 Hardwood Floor
Room 2: Main Br 12.79 12.79 Hardwood Floor
Room 3: Main Kitchen 15.42 12.14 W/O To Patio
Room 4: 2nd Prim Bdrm 16.73 12.14 Hardwood Floor
Room 5: 2nd 2nd Br 12.14 8.86 Hardwood Floor
Room 6: 2nd 3rd Br 12.46 8.04 Hardwood Floor
Room 7: Flat Prim Bdrm 12.14 9.84 Laminate, W/O To Patio
Room 8: Flat 2nd Br 12.14 9.84 Laminate
Room 9: Flat 3rd Br 12.14 9.51 Laminate
Room 10: Flat Kitchen 13.12 12.14 Laminate
Room 11: Flat Living 13.12 12.14 Laminate
No. of Pieces Level
Washroom 1:  3 2nd
Washroom 2:  3 Flat
Washroom 3:  3 Bsmt
Property Type: Duplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: None
Drive Parking Spaces: 0
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Elevator Lift: N
Sewers: Sewers
Water: Municipal
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
OUR NEIGHBOURHOOD REALTY INC.

243 Lippincott St , Toronto, M5S 2P4, Ontario

Personal Picture
Stuart McKerrow
Sales Representative
Dir:
416-856-6810
Bus:
416-966-0300
Fax:
416-966-0080

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Duplex
Area: Toronto
Municipality: Toronto
Neighbourhood: University
Style: 2-Storey
Lot Size: 17.08 x 139.80(Feet)
Approximate Age:
Tax: $7,508.91
Maintenance Fee: $0
Beds: 7+2
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Room & Interior
Exterior
Utilities
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.