247A Lippincott Street

University, Toronto

247A Lippincott Street, University, Toronto

$2,495,000

Bedrooms: 4

Bathrooms: 5

Living Area: 2,000 sqft

Price Per Sqft: $1,247.50

About this Semi-Detached

in University, Toronto

In the heart of vibrant Harbord Village, this exceptional three-storey family residence offers an enviable downtown lifestyle, surrounded by celebrated restaurants, charming cafés, beloved local landmarks, parks and excellent schools. This four-plus-one bedroom, five bathroom home was thoughtfully renovated with timeless design, quality craftsmanship, and premium finishes throughout. Every detail has been carefully considered to create a home that is both elegant and functional. A welcoming foyer with striking tile and a double closet opens to the expansive open-concept main floor, where white oak hardwood floors, pot lights, and well-proportioned principal rooms provide the perfect setting for everyday living and entertaining. The chef's kitchen features high-end appliances, extensive custom cabinetry, abundant counter space, and a large centre island with breakfast bar. A walkout to the rear deck and stone patio creates seamless indoor-outdoor living in a private, low-maintenance setting. A convenient powder room completes the main level. The second floor offers two generous bedrooms with ample closet space, a spacious family room ideal as a media room, children's play area, or work-from-home office, and a beautifully appointed four-piece bathroom. The third floor is home to the private primary retreat with two separate closet areas and a spa-inspired five-piece ensuite. A fourth bedroom enjoys its own private ensuite bathroom, offering exceptional comfort as a nursery, additional bedroom or home office, a conveniently located laundry closet completes the third level. The versatile lower level, with both front and rear walkouts, expands the living space with a large recreation room, second kitchen, additional bedroom, and full bathroom, ideal for extended family, a nanny suite, or future income potential. Situated on a deep lot backing onto Croft St. lane, the property includes a rear parking space, a garden shed, and laneway suite potential.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM.

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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.

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