247A Lippincott Street, Toronto C01

Price: $2,495,000

5 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Semi-Detached

MLS#: C13658132

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.

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$2,495,000 - 247A Lippincott Street, Downtown Toronto

Semi-Detached for Sale in Downtown Toronto

Popular Listing

Neighbourhood: University

5Beds
5Baths
2,000 - 2,499Sq Ft
Semi-Detached
Property Details
MLS Number
C13658132
Property Type
Semi-Detached
Status
active
Days on Site
13
Bedrooms
5
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Downtown Toronto / Waterfront
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Description

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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,036.23/mo

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5-yr fixed avg.

Principal: $1,996,000Interest: $1,314,868
Mortgage Amount$1,996,000
Total Interest$1,314,868
Est. Property Tax$1,767/mo
Total Cost$3,310,868

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.

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Neighbourhood Guide: University

Discover University

University 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 University

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

University 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.

70
Walk Score
Varies
Price Range

247A Lippincott Street, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,767
Insurance (est.)-$520
Net Cash Flow+$1,413

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1248/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downtown Toronto.

Bathroom Count Matters

With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About University

I know University well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $10,396 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    247A Lippincott Street | $2,495,000 | Battaglia Team