$1,825,000

For sale

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243 Lippincott Street, Toronto (University) - Multi-family for Sale

243 Lippincott Street, Toronto (University), Ontario, M5S2P4

8 beds3 baths0 parking ft²

9 Borden Street, Toronto (University), Ontario, M5S2M8

9 bd5 ba2 pk3,250 ft²Lot size 25 × 105 ft (2,625 sq ft)

Listed by CENTURY 21 LEADING EDGE REALTY INC.

142 Borden Street, Toronto (University), Ontario, M5S2N3

For sale

130 days ago

$3.00M

142 Borden Street, Toronto (University), Ontario, M5S2N3

9 bd8 ba2 pk2,250 ft²Lot size 27 × 138 ft (3,657 sq ft)

Listed by TRUSTWELL REALTY INC.

156 Sussex Mews, Toronto (University), Ontario, M5S2K1

For sale

175 days ago

$4.00M

156 Sussex Mews, Toronto (University), Ontario, M5S2K1

6 bd3 ba5 pkLot size 71 × 63 ft (4,473 sq ft)

Listed by CHESTNUT PARK REAL ESTATE LIMITED

Investment analysis

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$1,825,000

Toronto

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Description

Beautiful Annex Victorian Home 2. Story W/A Laneway Home W/3 Bedroom At The Back Of The Property, (W Separate Utilities) Soaring Ceilings, Large Entertainers Kitchen Walk To Private Backyard, Investment Property , Both Homes Are Tenanted. Walking Distance To The U Of T, Kensington Market , To Shops, Schools, Parks And Ttc And Bloor Annex Neighbourhood (id:66096)

Property Details

MLS®: C13696566
Property Type: Multi-family
Zoning: Residential
Bedrooms: 8
Beds (above / below): 7 above · 1 below
Bathrooms: 3
Parking: 0
Interior Size: 2,750 ft²
Lot Size: 17 × 140 ft (2,391 sq ft)
Frontage: 17 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $7,508.91/yr
Listed: 76 days ago

Rooms

Ground level

Bedroom: 3.5 x 3.9 meters
Dining room: 2.4 x 2 meters
Bedroom: 2.7 x 3.8 meters
Kitchen: 3.4 x 4.6 meters
Bedroom: 2.4 x 3.2 meters
Bedroom: 3.7 x 3 meters
Living room: 3.7 x 4 meters

Basement

Recreational, Games room: 4.7 x 7.5 meters

Second level

Primary Bedroom: 4.7 x 3.6 meters
Bedroom: 2.8 x 3.6 meters
Bedroom: 3.4 x 2.3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

76d

Toronto (University) listings, avg age

79d

Price / ft²

$664

List price

$1.82M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (M5S)

This home lists at $1,825,000, about 26.1× the local median household income of $70,000.

Carrying it typically needs a household income of about $356,486 (20% down, 25-yr amortization, stress-tested) — roughly 409% above the area median.

Median household income: $70,000
Population: 17,074
Median age: 33.2
Owner / renter: 36% / 64%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5S)

$1,825,000· $664/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $365,000

Min 20%50%

Mortgage payment$7,783/mo

Property tax (est.)$626/mo

Total monthly$8,409

Cash Needed to Close

Down payment (20%)$365,000

Land transfer tax$65,950

Est. closing costs$7,975

Total cash needed$438,925

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

243 Lippincott Street, Toronto (University) - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

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Market Timing

Location

Nearby Places

Neighbourhood profile (M5S)

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Full Cost Breakdown