212 Lippincott Street Toronto, Ontario M5S 2P5

13 Bedroom 6 Bathroom 1,500 - 2,000 sqft
Central Air Conditioning Forced Air

$1,599,000

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. (id:50787)

Property Details

MLS® Number C13885852
Property Type Single Family
Community Name University
Features Lane
Parking Space Total 4

Building

Bathroom Total 6
Bedrooms Above Ground 13
Bedrooms Total 13
Age 100+ Years
Appliances Stove, Washer, Refrigerator
Basement Development Finished
Basement Features Walk Out
Basement Type N/a (finished)
Construction Style Attachment Semi-detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Foundation Type Unknown
Half Bath Total 5
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 1,500 - 2,000 Sqft
Type House
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 125 Ft
Size Frontage 20 Ft
Size Irregular 20 X 125 Ft
Size Total Text 20 X 125 Ft

Rooms

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

https://www.realtor.ca/real-estate/30391360/212-lippincott-street-toronto-university-university

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