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212 Lippincott Street
homes for sale · Toronto · University
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$1,599,000

212 Lippincott Street

University, Toronto · MLS® C13885852

1364

House · Single Family · 13 days on market

listed by GEORGE SHIMI, ROYAL LEPAGE SIGNATURE REALTY

realtor's 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.

property details

type
House, Single Family
bedrooms
13
bathrooms
6
parking
4
property tax
$7,571 / yr
days on market
13
MLS®
C13885852

features

  • Lane
  • Washer
  • Refrigerator
  • Stove

monthly cost

$7,598/mo
Mortgage $6,967 · Tax $631

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$6,967/ monthly
loan $1,279,200
25-year amortization
total interest
$810,807
cash to close
$319,800
down payment; transfer tax and fees not included
total paid
$2,090,007

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
GEORGE SHIMI
ROYAL LEPAGE SIGNATURE REALTY
call GEORGE · 416-443-0300
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location

University, TorontoGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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