212 Lippincott Street

Toronto (University), Ontario M5S2P5

MLS # C13885852

$1,599,000

Property Details

Type

Semi-Detached

Beds

Baths

Status

For Sale

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About this property

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.

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Property taxes: about $631/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Bedroom	Main level	2.76 x 3.18
Bedroom 2	Third level	1.6 x 3.34
Bedroom	Basement	2.68 x 2.39
Den	Basement	2.04 x 2.34
Bedroom 2	Basement	2.43 x 2.46
Bedroom 3	Basement	3.58 x 1.93
Bedroom 2	Main level	2.58 x 3.21
Bedroom 3	Main level	2.12 x 3.22
Kitchen	Main level	4.98 x 2.85
Bedroom	Second level	4.36 x 2.12
Bedroom 2	Second level	3.71 x 2.72
Bedroom 3	Second level	1.8 x 3.19
Den	Second level	1.82 x 3.19
Bedroom 4	Second level	3.68 x 2.82
Bedroom	Third level	3.08 x 3.34