224 Lippincott Street
Toronto (University), ON M5S 2P5
- 4+1Bedrooms
- 3Bathrooms
- 0Garage
- 1500–2000Sq Ft
- $7,096Tax
- 16×115 ftLot Size
Estimated Value:$1,583,743See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 224 Lippincott Street, Toronto, University
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About 224 Lippincott Street, Toronto, University
Summarized Description
- Exceptional multi-unit home with income potential
- Flexible living space for families or investors
- Two-car parking with laneway access
- Beautifully landscaped garden and serene backyard
- High-ceiling lower level with rental suites
- Vacant home ready for immediate occupancy
- Prime location near U of T and local amenities
- Recent upgrades enhance long-term investment value
Welcome to Harbord Village, one of Toronto's most coveted urban enclaves, tucked between the University of Toronto, Kensington Market, Little Italy & Bloor-Annex, where every errand is a stroll & every weekend is an adventure. But here's the thing about this address: it doesn't just sit in one of the city's best neighbourhoods, peacefully nestled on a leafy & quiet street between Bloor & College; it works for you while you're living in it. Whether you're a savvy investor, a growing family craving flexible space, or a buyer looking to offset your mortgage with rental income, this exceptional multi-unit home delivers. The airy & pristine 2-level owner's suite, 2 to 3 bedrooms of generous, livable & highly functional space, sits comfortably above separate, renovated, & spotless income-generating 1-bedroom suites on the main floor & the high-ceiling lower level. House a parent. Support a student. Collect rent. The math is beautiful, as is the flexibility. Offering a completely vacant home on closing. Outside, a welcoming front porch, elegant brass hardware & a beautifully landscaped perennial garden lead to a serene backyard anchored by two magnificent privacy trees, Norway Spruce & White Cedar, & two-car parking accessed off the public lane. That laneway access? It's not just convenient, it opens the door to laneway suite possibilities, adding potential long-term upside to an already compelling investment proposition story. Shingles & eaves ('24). Main unit flooring ('26). Most appliances & all toilets new within the last 2-3 years. Upgraded city water service. Transit everywhere. Harbord, College & Bloor Streets are practically at your doorstep. Steps to U of T, redeveloped Harbord Street & Central Tech's year-round fields, running track & pickleball courts. Enjoy the local artisan coffee shops, acclaimed restaurants, independent boutiques & the buzz of one of Canada's greatest universities, all within minutes. This isn't just a home. It's a smart, long-term strategy
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,096
- Land Transfer Tax Fee
- $54,110
Rental Items
- Rental Equipment
- Hot water tank
- Basement Type
- Apartment, Separate Entrance, Finished
Interior Features
- Interior Extras
- Accessory Apartment, Primary Bedroom - Main Floor, In-Law Suite
- View
- City, Downtown
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Landscaped, Patio, Porch
- Pool
- None
- Property Features
- Library, Park, Public Transit, Rec./Commun.Centre, School
- Accessibility Features
- Accessible Public Transit Nearby, Fire Escape, Parking
Building
- Building Type
- Semi-Detached
- Building Style
- 3-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick
- Roof
- Shingles
- Foundation Details
- Brick
- Special Designation
- Unknown
Lot
- Lot Front
- 15.50 ft
- Lot Depth
- 115.00 ft
- Lot Size
- 1782.5
Inclusions
- Inclusions
- 3 fridges, 3 gas stoves, 3 built-in dishwashers, 3 clothes washers, 3 clothes dryers, 2 hood vents, 1 over-the-range microwave, all electric light fixtures, all window coverings, 2 ceiling fans, gas furnace and equipment.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4 + 1
- Washrooms
- 3
- Kitchens
- 3
Room sizes
- Living Room—Main level, Vinyl Floor, Ceiling Fan(s), Closet
- Kitchen—Main level, Vinyl Floor, Stainless Steel Appl, Double Sink
- Bathroom—Main level, 3 Pc Bath, Tile Floor, Glass Block Window
- Bedroom—Main level, B/I Shelves, Picture Window, Vinyl Floor
- Living Room—Second level, Combined w/Dining, Bay Window, Open Concept
- Dining Room—Second level, Open Concept, Combined w/Living, Window
- Kitchen—Second level, Eat-in Kitchen, Stainless Steel Appl, Track Lighting
- Bathroom—Second level, Tile Floor, 4 Pc Bath
- Bedroom—Third level, Broadloom, Closet, Window
- Bedroom—Third level, Broadloom, Window, Closet
- Kitchen—Basement level, Stainless Steel Appl, Picture Window, Walk-Out
- Living Room—Basement level, Broadloom, Closet, Open Concept
- Dining Room—Basement level, Broadloom, Combined w/Living, Open Concept
- Bedroom—Basement level, Broadloom, Window, Double Closet
- Bedroom—Second level, Bay Window, Closet, Ceiling Fan(s)
- Bathroom—Basement level, Tile Floor, 4 Pc Bath, Window
Washrooms
- 3-piece, Main
- 4-piece, Second
- 4-piece, Basement
- Municipality
- Toronto
- Neighbourhood
- University
- Main cross streets
- Bathurst & Harbord
- Directions
- East of Bathurst & South of Harbord
- MLS® number
- C13237174
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-24
- Listed on
- 2026-06-03
- Days on market
- 51 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- FREEMAN REAL ESTATE LTD.
Home Market Value
Current home valuation for 224 Lippincott Street, Toronto, University, Toronto, ON. Listed for $1,529,000
HOMEH Estimate
$1,583,743
Estimated Sales Range
$1,108,620 - $2,058,866
HOMEH Estimate for 224 Lippincott Street, Toronto, University
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$305,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,223,200 | $1,146,750 | $1,070,300 | $993,850 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,972monthly | $5,599monthly | $5,226monthly | $4,852monthly |
Land Transfer Tax
$27,055
$27,055
$54,110
Around this home
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