Free account required
Unlock the full potential of your property search with a free account! Here's what you'll gain immediate access to:
- Exclusive Access to Every Listing
- Personalized Search Experience
- Favorite Properties at Your Fingertips
- Stay Ahead with Email Alerts
$2,000,000
243 LIPPINCOTT STREET
Toronto, Ontario, Ontario, M5S2P4
MLS® Number: C12134404
Property 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.
Building information
Type
*****
Basement Development
*****
Basement Features
*****
Basement Type
*****
Cooling Type
*****
Exterior Finish
*****
Flooring Type
*****
Foundation Type
*****
Heating Fuel
*****
Heating Type
*****
Stories Total
*****
Utility Water
*****
Land information
Sewer
*****
Size Depth
*****
Size Frontage
*****
Size Irregular
*****
Size Total
*****
Rooms
Main level
Kitchen
*****
Bedroom
*****
Family room
*****
Flat
Kitchen
*****
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Living room
*****
Second level
Bedroom 3
*****
Bedroom 2
*****
Primary Bedroom
*****
Courtesy of OUR NEIGHBOURHOOD REALTY INC.
Book a Showing for this property
Please note that filling out this form you'll be registered and your phone number without the +1 part will be used as a password.
Similar properties
This REALTOR.ca listing content is owned and licensed by
REALTOR® members of
The Canadian Real Estate Association.