MARLENE AUSPITZ (sales rep) &
SHANTOO PATEL (broker)

Royal LePage Real Estate Services Ltd.

Office 416-921-1112

Cell 647-522-7721

Email: shantoo@sympatico.ca

University of Toronto Properties

Forgot password Extend Verify Contact

243 Lippincott Street
University Toronto M5S 2P4

$2,000,000
Residential Freehold beds: 7+2 baths: 3.0

Main Photo: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 1: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 2: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 3: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 4: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 5: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 6: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 7: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 8: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 9: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 10: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 11: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 12: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 13: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 14: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 15: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 16: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 17: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 18: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 19: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 20: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 21: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 22: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 23: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 24: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 25: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 26: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 27: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 28: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 29: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 30: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 31: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 32: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 33: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 34: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 35: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 36: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 37: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Photo 38: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
C11891386
Bedrooms:
7+2
Bathrooms:
3
This unique and high-performing duplex, generating $9,600 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.
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Home Style:
2-Storey
Depth:
139'10"
Frontage:
17'1"
Direction Faces:
West
Bedrooms:
7+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
2
Bedrooms Above Grade:
7
Bedrooms Below Grade:
2
Kitchens Above Grade:
2
Rooms Above Grade:
11
Rooms Below Grade:
3
Zoning:
R(d1*848)
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Unknown
Basement:
Finished with Walk-Out
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Family Room:
Yes
Possession Details:
Immediately
Pool:
None
HST Applicable To Sale Price:
Call LBO
Taxes:
$7,508.91 / 2023
Assessment:
$- / -
Toronto C01
University
Toronto
Accessory Apartment
Vinyl Siding
No
Floor
Type
Size
Other
Main
Family Room
3'10¾" × 3'10¾"
Hardwood Floor
Main
Bedroom
3'10¾" × 3'10¾"
Hardwood Floor
Main
Kitchen
4'8" × 3'8"
W/O To Patio
Second
Primary Bedroom
5'1" × 3'8"
Hardwood Floor
Second
Bedroom 2
3'8" × 2'8"
Hardwood Floor
Second
Bedroom 3
3'10" × 2'5"
Hardwood Floor
Flat
Primary Bedroom
3'8" × 3'
Laminate, W/O To Patio
Flat
Bedroom 2
3'8" × 3'
Laminate
Flat
Bedroom 3
3'8" × 2'10¾"
Laminate
Flat
Kitchen
4' × 3'8"
Laminate
Flat
Living Room
4' × 3'8"
Laminate
Special Designation:
Other
Sewers:
Sewer
Air Conditioning:
Central Air
Seller Property Info Statement:
No
Date Listed:
Dec 13, 2024
Original Price:
Previous Price:
  • Photo 1: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 1 of 38
  • Photo 2: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 2 of 38
  • Photo 3: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 3 of 38
  • Photo 4: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 4 of 38
  • Photo 5: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 5 of 38
  • Photo 6: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 6 of 38
  • Photo 7: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 7 of 38
  • Photo 8: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 8 of 38
  • Photo 9: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 9 of 38
  • Photo 10: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 10 of 38
  • Photo 11: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 11 of 38
  • Photo 12: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 12 of 38
  • Photo 13: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 13 of 38
  • Photo 14: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 14 of 38
  • Photo 15: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 15 of 38
  • Photo 16: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 16 of 38
  • Photo 17: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 17 of 38
  • Photo 18: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 18 of 38
  • Photo 19: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 19 of 38
  • Photo 20: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 20 of 38
  • Photo 21: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 21 of 38
  • Photo 22: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 22 of 38
  • Photo 23: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 23 of 38
  • Photo 24: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 24 of 38
  • Photo 25: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 25 of 38
  • Photo 26: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 26 of 38
  • Photo 27: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 27 of 38
  • Photo 28: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 28 of 38
  • Photo 29: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 29 of 38
  • Photo 30: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 30 of 38
  • Photo 31: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 31 of 38
  • Photo 32: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 32 of 38
  • Photo 33: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 33 of 38
  • Photo 34: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 34 of 38
  • Photo 35: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 35 of 38
  • Photo 36: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 36 of 38
  • Photo 37: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 37 of 38
  • Photo 38: 243 Lippincott Street in Toronto: University House for sale (Toronto C01)  : MLS®# C11891386
    Photo 38 of 38
Listed by OUR NEIGHBOURHOOD REALTY INC.
Data was last updated March 17, 2025 at 06:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.