224 Lippincott Street

University, Toronto

Open House Jun 21st, 2-4PM
224 Lippincott Street, University, Toronto

$1,529,000

Bedrooms: 4

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $1,019.33

About this Semi-Detached

in University, Toronto

Welcome to Harbord Village, one of Toronto's most coveted urban enclaves, tucked between the University of Toronto, Kensington Market, Little Italy & Bloor-Annex, where every errand is a stroll & every weekend is an adventure. But here's the thing about this address: it doesn't just sit in one of the city's best neighbourhoods, peacefully nestled on a leafy & quiet street between Bloor & College; it works for you while you're living in it. Whether you're a savvy investor, a growing family craving flexible space, or a buyer looking to offset your mortgage with rental income, this exceptional multi-unit home delivers. The airy & pristine 2-level owner's suite, 2 to 3 bedrooms of generous, livable & highly functional space, sits comfortably above separate, renovated, & spotless income-generating 1-bedroom suites on the main floor & the high-ceiling lower level. House a parent. Support a student. Collect rent. The math is beautiful, as is the flexibility. Offering a completely vacant home on closing. Outside, a welcoming front porch, elegant brass hardware & a beautifully landscaped perennial garden lead to a serene backyard anchored by two magnificent privacy trees, Norway Spruce & White Cedar, & two-car parking accessed off the public lane. That laneway access? It's not just convenient, it opens the door to laneway suite possibilities, adding potential long-term upside to an already compelling investment proposition story. Shingles & eaves ('24). Main unit flooring ('26). Most appliances & all toilets new within the last 2-3 years. Upgraded city water service. Transit everywhere. Harbord, College & Bloor Streets are practically at your doorstep. Steps to U of T, redeveloped Harbord Street & Central Tech's year-round fields, running track & pickleball courts. Enjoy the local artisan coffee shops, acclaimed restaurants, independent boutiques & the buzz of one of Canada's greatest universities, all within minutes. This isn't just a home. It's a smart, long-term strategy

Listed by FREEMAN REAL ESTATE LTD..

Share
Photo 0 at 224 Lippincott Street, University, Toronto

Photo 0

Photo 1 at 224 Lippincott Street, University, Toronto

Photo 1

Photo 2 at 224 Lippincott Street, University, Toronto

Photo 2

Photo 3 at 224 Lippincott Street, University, Toronto

Photo 3

Photo 4 at 224 Lippincott Street, University, Toronto

Photo 4

Photo 5 at 224 Lippincott Street, University, Toronto

Photo 5

Photo 6 at 224 Lippincott Street, University, Toronto

Photo 6

Photo 7 at 224 Lippincott Street, University, Toronto

Photo 7

Photo 8 at 224 Lippincott Street, University, Toronto

Photo 8

Photo 9 at 224 Lippincott Street, University, Toronto

Photo 9

Photo 10 at 224 Lippincott Street, University, Toronto

Photo 10

Photo 11 at 224 Lippincott Street, University, Toronto

Photo 11

Photo 12 at 224 Lippincott Street, University, Toronto

Photo 12

Photo 13 at 224 Lippincott Street, University, Toronto

Photo 13

Photo 14 at 224 Lippincott Street, University, Toronto

Photo 14

Photo 15 at 224 Lippincott Street, University, Toronto

Photo 15

Photo 16 at 224 Lippincott Street, University, Toronto

Photo 16

Photo 17 at 224 Lippincott Street, University, Toronto

Photo 17

Photo 18 at 224 Lippincott Street, University, Toronto

Photo 18

Photo 19 at 224 Lippincott Street, University, Toronto

Photo 19

Photo 20 at 224 Lippincott Street, University, Toronto

Photo 20

Photo 21 at 224 Lippincott Street, University, Toronto

Photo 21

Photo 22 at 224 Lippincott Street, University, Toronto

Photo 22

Photo 23 at 224 Lippincott Street, University, Toronto

Photo 23

Photo 24 at 224 Lippincott Street, University, Toronto

Photo 24

Photo 25 at 224 Lippincott Street, University, Toronto

Photo 25

Photo 26 at 224 Lippincott Street, University, Toronto

Photo 26

Photo 27 at 224 Lippincott Street, University, Toronto

Photo 27

Photo 28 at 224 Lippincott Street, University, Toronto

Photo 28

Photo 29 at 224 Lippincott Street, University, Toronto

Photo 29

Photo 30 at 224 Lippincott Street, University, Toronto

Photo 30

Photo 31 at 224 Lippincott Street, University, Toronto

Photo 31

Photo 32 at 224 Lippincott Street, University, Toronto

Photo 32

Photo 33 at 224 Lippincott Street, University, Toronto

Photo 33

Photo 34 at 224 Lippincott Street, University, Toronto

Photo 34

Photo 35 at 224 Lippincott Street, University, Toronto

Photo 35

Photo 36 at 224 Lippincott Street, University, Toronto

Photo 36

Photo 37 at 224 Lippincott Street, University, Toronto

Photo 37

Photo 38 at 224 Lippincott Street, University, Toronto

Photo 38

LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

Request A Showing Or Find Out More 

Have a question or interested in this property? Send us a message!

inquire