243 Lippincott Street

The Annex, Downtown, Toronto

243 Lippincott Street
243 Lippincott Street
243 Lippincott Street
+36
7+2
 bed
3
 bath
0
 parking
-
 sqft
Duplex
$2,000,000
For Sale
21 days
 on site
$2,000,000
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Size
-
Lot size
2387 sqft
Street frontage
-
Possession
Other
Price per sqft
-
Taxes
$7,508.91 (2024)
Parking Type
-
Style
2-Storey
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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.
Broker: OUR NEIGHBOURHOOD REALTY INC.
MLS®#: C12134404
Property details
Parking:
No
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
0-700 sqft
Lot front:
17 Ft
Lot depth:
139 Ft
Listed on:
May 8, 2025
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Rooms
LevelNameSizeFeatures
Flat
Primary Bedroom
12.1 x 9.8 ft
Flat
Living Room
13.1 x 12.1 ft
Main
Bedroom
12.8 x 12.8 ft
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Instant estimate:
orto view instant estimate
$100,531
lower than listed price
i
High
$1,967,209
Mid
$1,899,469
Low
$1,803,895
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About 243 Lippincott Street

Located at 243 Lippincott Street, this Toronto duplex is available for sale. 243 Lippincott Street has an asking price of $2000000, and has been on the market since May 2025. This duplex has 7+2 beds, 3 bathrooms and is (over) 700 sqft. 243 Lippincott Street, Toronto is situated in Annex, with nearby neighbourhoods in Palmerston, Kensington Market, Little Italy and Seaton Village.

Some good places to grab a bite are Think It, Emmer or Harbord Fish & Chips. Venture a little further for a meal at one of Annex neighbourhood's restaurants. If you love coffee, you're not too far from Krispy Kreme Doughnuts located at 215 Harbord St. Nearby grocery options: Archer Dentist is not far.

Transit riders take note, 243 Lippincott St, Toronto is nearby to the closest public transit Bus Stop (Harbord St at Brunswick Ave) with route Wellesley. If you need to get on the highway often from 243 Lippincott St, Gardiner Expressway and Rees St has both on and off ramps and is within a few minutes drive.