Asking Price:
$1,600,000
Ref# C9398542
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 lane-way 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 propertys 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 Torontos most sought-after neighborhoods.
Property Features
- Bedroom(s): 7 + 2
- Bathroom(s): 3
- Kitchen(s): 2
- Lot Size: 17.08 x 139.8 Feet
- Estimated annual taxes: $7508.91 (2023)
- Duplex / 2-Storey
- Vinyl Siding Exterior
- Parking spaces: 0
- Central Air, Forced Air Heating, Gas
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Brokered By: OUR NEIGHBOURHOOD REALTY INC.
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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 lane-way 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 propertys 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 Torontos most sought-after neighborhoods.
The above information is deemed reliable, but is not guaranteed. Search facilities other than by a consumer seeking to purchase or lease real estate, is prohibited.
Brokered By: OUR NEIGHBOURHOOD REALTY INC.
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Request More Information
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Property Rooms
| Floor | Room | Dimensions | Description |
| Main | Family | 3.9 x 3.9 | Hardwood Floor |
| Main | Br | 4.7 x 3.9 | Hardwood Floor |
| Main | Kitchen | 4.7 x 3.7 | W/O To Patio |
| 2nd | Prim Bdrm | 5.1 x 3.7 | Hardwood Floor |
| 2nd | 2nd Br | 3.7 x 2.7 | Hardwood Floor |
| 2nd | 3rd Br | 3.8 x 2.45 | Hardwood Floor |
| Flat | Prim Bdrm | 3.7 x 3 | Laminate, W/O To Patio |
| Flat | 2nd Br | 3.7 x 3 | Laminate |
| Flat | 3rd Br | 3.7 x 2.9 | Laminate |
| Flat | Kitchen | 4 x 3.7 | Laminate |
| Flat | Living | 4 x 3.7 | Laminate |
| 2nd | Bathroom | 1 x 3 | |
| Flat | Bathroom | 1 x 3 | |
| Bsmt | Bathroom | 1 x 3 |
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.
Appointment Request
We only collect personal information strictly necessary to effectively market / sell the property of sellers,
to assess, locate and qualify properties for buyers and to otherwise provide professional services to
clients and customers.
We value your privacy and assure you that your personal information is safely stored, securely transmitted, and protected. I/We do not sell, trade, transfer, rent or exchange your personal information.
All fields are mandatory.