212 Lippincott Street, Toronto, ON M5S 2P5

$1,599,000
: 13
BD
: 6
BA
: 1,500
SqFt

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List Price: $1,599,000
MLS#: C13885852
Status: ACTIVE
Type: Single Family Residential
SubType: Semi-Detached
Style: 2 1/2 Storey
Bedrooms: 13
Bathrooms: 6
Living Area: 1500-2000
Province: ON
Municipality: Toronto
Area: Toronto
Neighborhood: University
Subdivision: Bathurst & Harbord

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Property Description

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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Additional Information

Taxes: $7,571
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Family Room: Yes
Kitchens: 1
Exterior: Brick, Vinyl Siding
Garage Type: None
Pool: None
Parking Spaces: 4
Parking Type: Lane