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$1,599,000

13 Beds 1 / 5 Full / Half Baths 1,500 SQFT 0.00 Acres
Type: Single Family

212 LIPPINCOTT STREET
Toronto (University), ON M5S2P5

MLS#: C13885852
Imran Khan
Imran Khan
Condo Digs
Broker of Record, Re/Max Downtown Condos Team
Phone: 416.670.6588
Presented by: ROYAL LEPAGE SIGNATURE REALTY

Property Description

 

Harbord Village A rare income-generating opportunity in one of Toronto's most sought-after neighbourhoods. This substantial semi-detached property sits on a deep 20 x 125 ft lot with rear laneway access and the bones of a multi-stream investment portfolio. With over 12 plus bedrooms and 5 bathrooms, the income potential here is exceptional. Whether you're running multi-unit rentals, a rooming house, or a hybrid short-term/long-term strategy, the scale of this property does the heavy lifting. The real upside? Laneway dwelling potential. The rear lot access and lot depth make this a strong candidate for a laneway suite adding a fully independent unit to an already cash-flow-positive asset. In Toronto's current rental market, a purpose-built laneway home commands premium rents and significantly boosts long-term equity. Located steps from the University of Toronto, transit, and the restaurants and amenities of Harbord Village and the Annex this is the kind of address that keeps vacancy rates low. The numbers work. The location works. The upside is built in. (id:7434)


 

Interior Features

Bedrooms

Bedrooms13

Other Interior Features

Basement DevelopmentFinished
Basement TypeN/A (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Construction Style AttachmentSemi-detached
Living Area Range1,500 sqft

General

Building Age100+ years
Building AppliancesStove, Washer, Refrigerator
Building Basement FeaturesWalk out
Building Cooling TypeCentral air conditioning
Building TypeHouse
Building.StoriesTotal2.5
CommunityNameUniversity
FeaturesLane
Foundation TypeUnknown
Location DescriptionBathurst & Harbord
Ownership TypeFreehold
Parking Space Total4
Property TypeSingle Family

Exterior

Exterior FinishBrick, Vinyl siding
SewerSanitary sewer

Additional Details

  

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$1,599,000

13 Beds 1 / 5 Full / Half Baths 1,500 SQFT 0.00 Acres
Type: Single Family

212 LIPPINCOTT STREET
Toronto (University), ON M5S2P5

MLS#: C13885852
Imran Khan
Imran Khan
Condo Digs
Broker of Record, Re/Max Downtown Condos Team
Phone: 416.670.6588
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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