68 Lippincott Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,199,500 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
- Generous living space spanning 1500-2000 sqft on a premium 20 x 128.58 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare downtown Toronto development assembly in historic Kensington Market. Sold strictly together with adjacent 70 Lippincott St as a single development assembly, Total combined package asking price is $4,399,000.00 and will not be sold separately.Shovel ready advantage: Committee of Adjustment approval is already secured for 4 POTL townhomes featuring private rooftop terraces.Unbeatable central location: nestled in a quiet residential pocket of Kensington Market, steps to College & Bathurst streetcars, Little Italy restaurants, University of Toronto St. George campus, and Toronto Western Hospital.Exceptional upside for builders and investors to explore alternative higher density configurations such as 6-townhome schemes or multi-unit residential leasing/condo structures (buyer to conduct own due diligence; seller/brokerage make no representations or warranties beyond the existing 4 POTL townhouse CoA approval).
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Property Summary
This detached home located at 68 Lippincott Street, Toronto is currently for sale and has been available on SousaSells for 12 days. This property is listed at $2,199,500 with an estimated mortgage of $7,321* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 68 Lippincott Street, Toronto is in the Kensington-Chinatown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Kensington-Chinatown, Toronto.
- •5 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Kensington-Chinatown, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Public Transit
- School
Interior Features
- Water Heater
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 68 Lippincott Street, Toronto, ON
Q.What is the asking price for 68 Lippincott Street, Toronto, ON ?
The current listing price for 68 Lippincott Street, Toronto, ON in Kensington-Chinatown, Toronto is $2,199,500.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 68 Lippincott Street, Toronto, ON ?
68 Lippincott Street, Toronto, ON is a Detached (2-Storey) featuring a Finished basement.
Q.What key property features does 68 Lippincott Street, Toronto, ON offer?
Key property features include: Public Transit, School.
Q.What interior features are included in this home?
Interior highlights include: Water Heater.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Kensington-Chinatown, Toronto
476 assaults (2122.7/100k)
152 B&E (677.9/100k)
28 thefts (124.9/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 68 Lippincott Street, Toronto, ON M5T 2R5
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 $2,199,500 in Toronto, the legal minimum down payment is $439,900 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 $41,463 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $41,463 also applies, bringing the total estimated land transfer taxes to $82,925.
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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.
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