226 Lippincott Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey semi-detached located in the coveted neighborhood of University. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $2,490,000 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.
- 4 Bedrooms and 3 Bathrooms
- Premium 15.75 x 125 ft lot size
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to elevated living in this exceptionally renovated Victorian with 4 levels of modern living space plus an exceptional multi-purpose laneway studio garage in vibrant Harbord Village. Completely renovated and reimagined, 226 Lippincott boasts a welcoming front porch with Douglas Fir columns, glass railings and frosted privacy glass dividers; bright open concept main floor with high ceilings, open riser oak staircase with floor-to-ceiling glass balustrade; Delecata kitchen with Caesarstone counters, Wolf gas stove, breakfast island and convenient built-in work station; bright family room with sliding glass walk-out to a sleek covered porch area with skylight, lower stone patio and private south facing back yard with cedar fence and the exceptional studio garage; stunning third floor primary retreat with 5 skylights, walk-through closet with dressing area, 5-piece spa inspired ensuite and south facing balcony; two large bedrooms on the 2nd floor plus a bonus office/den that could almost be counted as a 4th upper bedroom; generous lower level with separate walk-out to the back yard, recreation room, additional bedroom/office, 3-piece washroom and roughed-in area for kitchen that provides nanny/in-law/income suite potential. This is a home that needs to be seen to be fully appreciated.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 226 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 $2,490,000 in Toronto, the legal minimum down payment is $498,000 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 $48,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,725 also applies, bringing the total estimated land transfer taxes to $97,450.
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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.
