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Last Updated : 77 Days ago
243 Lippincott Street, Toronto, ON, University
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243 Lippincott Street, Toronto MLS Number: C12338321

University, Toronto, ON, M5S 2P4

$1,300,000

Status: For Sale

  • 7+2 Beds
  • 3 Baths
  • Area : < 700 sqft
  • Property Type: Residential Freehold (Duplex)
  • Property Taxes : $7508.91 (Tax Year:2025)
  • Listing Courtesy : Our Neighbourhood Realty Inc.

243 Lippincott Street Property 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.

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243 Lippincott Street Property Facts

Property Type :Residential Freehold
MLS Number :C12338321
Listing Type :Sale
Possession Date :
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Last Updated :18 Sep, 2025 (77 Days ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M5S 2P4
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243 Lippincott Street Property Price & Tax Insights

Price : $1,300,000
Property Taxes :$7508.91
Tax Year :2025

243 Lippincott Street, Toronto Property Details

Bedrooms :7 + 2
No. of Rooms :11
Air Conditioning :Central Air
Heating :Forced Air
Cross Street :Lippincott St. / Harbord St.
Bathrooms :3
Fuel :Gas
Approx Square Footage :< 700 sqft
Dimensions 11
Family Room :3.9 m x 3.9 m
Kitchen :4.7 m x 3.7 m
Bedroom 2 :3.7 m x 2.7 m
Primary Bedroom :3.7 m x 3.0 m
Bedroom 3 :3.7 m x 2.9 m
Living Room :4.0 m x 3.7 m
Bedroom :3.9 m x 3.9 m
Primary Bedroom :5.1 m x 3.7 m
Bedroom 3 :3.8 m x 2.45 m
Bedroom 2 :3.7 m x 3.0 m
Kitchen :4.0 m x 3.7 m

Exterior Information

Exterior Finish :Vinyl Siding
Parking Space :0
Basement :Finished with Walk-Out

243 Lippincott Street, Toronto - Price History

2025-08

11 Aug, 2025

TREB #C12338321

Listed

$1300000.0

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

243 Lippincott Street - Location Map and Landmarks

  • Bathurst Subway, Toronto 0.58 km
  • Spadina Subway, Toronto 0.7 km
  • Christie Subway, Toronto 0.87 km
  • St George Subway, Toronto 1.01 km
  • Museum Subway, Toronto 1.34 km
  • Queen'S Park Subway, Toronto 1.43 km
  • Ossington Subway, Toronto 1.46 km
  • Dupont Subway, Toronto 1.49 km
  • Bay Subway, Toronto 1.75 km
  • St Patrick Subway, Toronto 1.78 km
  • Central Technical School, Toronto 0.28 km
  • King Edward Junior & Senior Public School, Toronto 0.36 km
  • Harbord Collegiate Institute, Toronto 0.49 km
  • Da Vinci School, Toronto 0.58 km
  • Lord Lansdowne Junior & Senior Public School, Toronto 0.58 km
  • Kensington Community School, Toronto 0.6 km
  • Downtown Jewish Community School, Toronto 0.62 km
  • Paul Penna Jewish, Toronto 0.62 km
  • Clinton Street Junior Public School, Toronto 0.64 km
  • St Francis Of Assisi Catholic Elementary School, Toronto 0.79 km
  • Krembil Research Institute, Toronto 0.84 km
  • Toronto Western Hospital, Toronto 0.92 km
  • University Health Network - Toronto Western, Toronto 0.94 km
  • Mount Sinai Hospital Special Pregnancy Program, Toronto 1.42 km
  • Princess Margaret Hosp, Toronto 1.48 km
  • Mount Sinai Hospital, Toronto 1.49 km
  • Sinai Health System - Mount Sinai, Toronto 1.5 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 1.51 km
  • University Health Network - Toronto Rehabilitation Institute, Toronto 1.56 km
  • Tgh Peter Munk Cardiac Centre, Toronto 1.57 km
  • Bloor-Borden Farmers' Market, Toronto 0.41 km
  • Sobey'S, Toronto 0.45 km
  • Honest Ed'S, Toronto 0.46 km
  • Price War, Toronto 0.5 km
  • The Village Market, Toronto 0.53 km
  • Bloor Superfresh, Toronto 0.55 km
  • Metro, Toronto 0.59 km
  • Friendly Magnolia, Toronto 0.68 km
  • Bloor Fruit Market, Toronto 0.7 km
  • P.A.T. Central, Toronto 0.7 km
  • Bathurst Street and Harbord Street, Toronto 0.13 km
  • Harbord Street and Palmerston Boulevard, Toronto 0.33 km
  • Bloor Street West and Bathurst Street, Toronto 0.48 km
  • Spadina Avenue and Harbord Street, Toronto 0.51 km
  • Bathurst Street and College Street, Toronto 0.56 km
  • Spadina Avenue and Spadina Crescent, Toronto 0.57 km
  • College Street and Augusta Avenue, Toronto 0.61 km
  • Harbord Street and Clinton Street, Toronto 0.63 km
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FAQs: 243 Lippincott Street, Toronto

  • Q:What is the Area Size of the 243 Lippincott Street In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately < 700 sq. ft and is strategically located in Toronto. The MLS No of this project is C12338321 and the Project is located in ON, Canada
  • Q: Does this Project 243 Lippincott Street available for Sale ?

    A: The project 243 Lippincott Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 243 Lippincott Street is Offering?

    A:Square Yards is giving a Cashback of $6,500 if you buy this property from us, however there are several key features offered by the 243 Lippincott Street. You get 7+2 Beds with 3 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 243 Lippincott Street?

    A: 243 Lippincott Street in Toronto offers a total of 0 parking spaces for residents.
  • Q:How many Beds & Baths available in 243 Lippincott Street, Toronto?

    A: 243 Lippincott Street, Toronto comes with 7+2 Beds for maximum convenience and space. There are 3 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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