Get $3,998 Cash Back
212 LIPPINCOTT STREET, Toronto (University) — listed at $1,599,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Harbord Village A rare income-generating opportunity in one of Toronto's most sought-after neighbourhoods. This substantial semi-detached property sits on a deep 20 x 125 ft lot with rear laneway access and the bones of a multi-stream investment portfolio. With over 12 plus bedrooms and 5 bathrooms, the income potential here is exceptional. Whether you're running multi-unit rentals, a rooming house, or a hybrid short-term/long-term strategy, the scale of this property does the heavy lifting. The real upside? Laneway dwelling potential. The rear lot access and lot depth make this a strong candidate for a laneway suite adding a fully independent unit to an already cash-flow-positive asset. In Toronto's current rental market, a purpose-built laneway home commands premium rents and significantly boosts long-term equity. Located steps from the University of Toronto, transit, and the restaurants and amenities of Harbord Village and the Annex this is the kind of address that keeps vacancy rates low. The numbers work. The location works. The upside is built in. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 2.76 x 3.18 meters |
| Bedroom 2 | Third level | 1.6 x 3.34 meters |
| Bedroom | Basement | 2.68 x 2.39 meters |
| Den | Basement | 2.04 x 2.34 meters |
| Bedroom 2 | Basement | 2.43 x 2.46 meters |
| Bedroom 3 | Basement | 3.58 x 1.93 meters |
| Bedroom 2 | Main level | 2.58 x 3.21 meters |
| Bedroom 3 | Main level | 2.12 x 3.22 meters |
| Kitchen | Main level | 4.98 x 2.85 meters |
| Bedroom | Second level | 4.36 x 2.12 meters |
| Bedroom 2 | Second level | 3.71 x 2.72 meters |
| Bedroom 3 | Second level | 1.8 x 3.19 meters |
| Den | Second level | 1.82 x 3.19 meters |
| Bedroom 4 | Second level | 3.68 x 2.82 meters |
| Bedroom | Third level | 3.08 x 3.34 meters |
Does it have a basement, and is it finished?+
Yes — Finished, Walk out, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the space laid out across floors?+
This is a 2.5-storey single family. The 13 bedrooms and 6 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What's the parking situation?+
This property includes 4 spaces — No Garage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,571, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What makes this a luxury property?+
At $1,599,000, standout features include 6 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Ask About This Property
Nearby Places
Searching nearby places…
Benchmark price · Updated 2026-09
Year over year
Past 10 years
Similar listings
For Sale23 days14
For Sale5 days8
For Sale8 days26
For Sale1 day22
The listing data above is provided under copyright by the Canadian Real Estate Association. While the information is considered reliable, its accuracy is not guaranteed by the Canadian Real Estate Association or getsetsold.ca. Neither getsetsold.ca nor its affiliates make any representations or warranties, express or implied, regarding the accuracy or completeness of the information presented here.