243 LIPPINCOTT STREET

Toronto (University)

,

Ontario

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. (id:6355)

Listing ID: C11891386 Transaction Type: For sale Bedrooms: 9 Bathrooms: 3 Kitchens: 2 Constructed Date: Maintenance Fee: / Maintenance Type: Land Size: Land Size Total Text: 17.08 x 139.8 FT Land Size Irregular: 17.08 x 139.8 FT Building Size Interior: Building Utility Water: Municipal water Building Heating Type: Forced air Building Cooling Type: Central air conditioning Building Fixture: Land Sewer: Sanitary sewer Storage Type: Courtesy Of: OUR NEIGHBOURHOOD REALTY INC. Basement:

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