Welcome to 224 Lippincott St., a spotless and beautifully maintained, turn-key triplex nestled on a quiet, tree-lined, one-way street in the heart of the South Annex. Located at highly desirable "sweet-spot on Lippincott at mid-point between Bloor & College, offering easy access to downtown Toronto life while also providing the peace & privacy of a secluded residential street. Steps to redesigned Harbord Street with new dedicated bike lanes and streetscape, UofT, & Central Tech's renowned year-round soccer fields, running track & pickleball courts. All this within easy access to vibrant cafés, bakeries & restos along Harbord, College & Bloor Streets.Convenient transit abounds. Perfect for couple/family looking to live in one unit & earn mortgage-helping rents from two units, or investor looking for turn-key market rents from UofT students/staff.Three self-contained units:Upper suite spans 2nd & 3rd floors w 2 bedrooms, ensuite laundry, updated bathroom & tree-top deck with sunset views.Main floor is a bright 1-bedroom, w ensuite laundry & walk-out to a private deck.High & dry basement is a spacious one-bedroom apt w large 4-piece bath(rain shower), plush broadloom, tall ceilings, ensuite laundry (new washer/dryer),storage, small but fully functional kitchen.Several new appliances, fixtures throughout the 3 kitchens & bathrooms.Living space is extended outdoors w comfortable front porch, 2 decks, & beautiful perennial front garden w tree canopy which provides privacy & shade.Entire exterior of house professionally painted w beautiful colors w elegant brassware.Large backyard with 2 gorgeous/healthy privacy-providing trees (Norway Spruce & White Cedar), leading to 2 car parking. New fences on both sides of backyard.Shingles & eaves (2024)City water service upgraded (2009). Parking off laneway adds value with laneway suite potential. All units vacant & ready for market rents.
Under Contract:
Hot Water Tank-Electric
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
3-Storey
Approx. Age:
100+
Total Approx Floor Area:
1500-2000
Lot Depth:
115'35.1 m
Lot Frontage:
15'6"4.72 m
Direction Faces:
West
Bedrooms:
3+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
3
Bedrooms Below Grade:
1
Kitchens Above Grade:
2
Rooms Above Grade:
9
Rooms Below Grade:
3
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Brick
Roof:
Shingles, Membrane
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Lane
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
No
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$7,096 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
University
Library, Park, Public Transit, Rec./Commun.Centre, School
Accessory Apartment, Primary Bedroom - Main Floor, Water Heater
Deck, Landscaped, Patio, Porch
Carbon Monoxide Detectors, Smoke Detector
Hot water tank.
Pls see schedule B.
Pls see schedule B.
Brick
City, Downtown
Accessible Public Transit Nearby, Fire Escape, Parking, Shower Stall
Data was last updated October 14, 2025 at 03:15 PM (UTC)
Area Statistics
Listings on market:
70
Avg list price:
$1,664,950
Min list price:
$849,000
Max list price:
$4,488,000
Avg days on market:
31
Min days on market:
4
Max days on market:
438
These statistics are generated based on the current listing's property type
and located in
Toronto C01. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.