Size
-
Lot size
2387 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
$7,508.91 (2023)
Parking Type
-
Style
2-Storey
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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 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.
Broker: OUR NEIGHBOURHOOD REALTY INC.
MLS®#: C11891386
Property details
Parking:
No
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
-
Lot front:
17 Ft
Lot depth:
139 Ft
Listed on:
Dec 12, 2024
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Rooms
| Level | Name | Size | Features |
|---|---|---|---|
Flat | Bedroom 2 | 3.70 x 3.00 ft | Hardwood Floor |
Flat | Bedroom 3 | 3.70 x 2.90 ft | Hardwood Floor |
Main | Kitchen | 4.70 x 3.70 ft | W/O To Patio |
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Instant estimate:
orto view instant estimate
$106,231
lower than listed pricei
High
$1,961,306
Mid
$1,893,769
Low
$1,798,482
