$1,635,000 - 157 Lippincott Street, Downtown Toronto
Semi-Detached for Sale in Downtown Toronto
126 days on market- MLS Number
- C12841798
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 126
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Lovely on Lippincott! Welcome to this charming two-storey, 2500 sqft, semi-detached Victorian in the heart of College & Bathurst-one of the city's most vibrant neighbourhoods. Blending timeless character with thoughtful modern updates, this circa-1880 home offers exceptional space and versatility.This beautifully maintained 3+1 bedroom, 2 bathroom residence features bright, spacious bedrooms designed for comfortable living. The primary suite fits a king-size bed with ease, while the additional bedrooms accommodate queen-size layouts-ideal for family, guests, or a home office. Upstairs, a renovated 4-piece bathroom showcases a new countertop and updated tile, pairing classic charm with contemporary style.The main floor offers generous principal rooms, including a welcoming family room, elegant dining area, and open-concept living and kitchen space perfect for entertaining. The redesigned kitchen features quartz countertops, stainless steel appliances, gold hardware, updated lighting, and pot lights throughout. High-end flooring runs across the main and second levels, complemented by a modern tiled foyer and refreshed staircase with a sophisticated runner.The lower level includes a separate entrance, spacious bedroom, kitchenette, 4-piece bath, and laundry-ideal for an in-law suite or income potential. Enjoy landscaped curb appeal and a newly built front porch.Steps to transit, top schools, restaurants, and cafés, this home delivers exceptional urban living with future potential.
Estimate your monthly payments for this property
Estimated Payment
$7,232.16/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
157 Lippincott Street, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1090/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 126 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.