248 Lippincott Street, Toronto, ON
This listing is no longer active (Sold)
This property has been sold, leased, or taken off the market. You can view similar active listings below.
Property Highlights
Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of University. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,725,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Premium 19.78 x 129.25 ft lot size
- Features a partially finished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient water heating via gas
Description
Ideal opportunity with this large detached Harbord Village house. Generous sized Victorian, great lot size in choice central location. Big front porch, high ceilings (10 ft on 1st and 2nd floors!), west facing back yard with laneway access and potential for laneway house (feasibility report available). Lots of possibilities to recreate. Highly sought after neighbourhood with historic and modern homes, parks, schools, public transit, with coffee shops and fine dining along Harbord Street. Close to U of T, Bloor St, Little Italy and Kensington Market. Currently set up as multiple living spaces. Great for renovators, builders, investors. Property sold in as-is condition.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 248 Lippincott Street, Toronto C01, ON M5S 2P5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,725,000 in Toronto, the legal minimum down payment is $345,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,975 also applies, bringing the total estimated land transfer taxes to $61,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
