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Yuvraj Sharma

Sales Representative
NSD Brokers, Brokerage Independently owned and operated. 1 Gateway Blvd Suite #200, Brampton, Ontario L6T0G3 Cell: 647-961-7334Office: 905-783-1000

$1,600,000
Available - For Sale
Listing ID: C9398542
243 Lippincott St , Toronto, M5S 2P4, Ontario


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: $7508.91
Address: 243 Lippincott St , Toronto, M5S 2P4, Ontario
Lot Size: 17.08 x 139.80 (Feet)
Directions/Cross Streets: Lippincott St. / Harbord St.
Rooms: 11
Rooms +: 3
Bedrooms: 7
Bedrooms +: 2
Kitchens: 2
Family Room: Y
Basement: Fin W/O
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
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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.

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This calculator 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.
Personal Picture
Yuvraj Sharma
Sales Representative
Dir:
647-961-7334
Bus:
905-783-1000
 
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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:
Payment Calculator:
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