243 Lippincott St, Toronto, Ontario M5S 2P4
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
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Price/Sqft-
Est. Mortgage$6,871/mo
Tax Amount (2023)$7,509/yr
Days On Market20 days
Description
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.
Property Details
Interior
Features
Flat Floor
2nd Br
3.70 x 3.00Laminate
Prim Bdrm
3.70 x 3.00Laminate / W/O To Patio
3rd Br
3.70 x 2.90Laminate
Kitchen
4.00 x 3.70Laminate
Exterior
Features
Property History
39
39
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