Salehian.com 647-325-5000

212 Lippincott Street

University, Toronto, M5S 2P5

$1,599,000

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  • 13 bedrooms
  • 6 bathrooms
  • 4 parking
  • 1500-2000 sq ft

Listed 9 days ago · MLS® C13885852

About this home

Harbord Village A rare income-generating opportunity in one of Toronto's most sought-after neighbourhoods. This substantial semi-detached property sits on a deep 20 x 125 ft lot with rear laneway access and the bones of a multi-stream investment portfolio. With over 12 plus bedrooms and 5 bathrooms, the income potential here is exceptional. Whether you're running multi-unit rentals, a rooming house, or a hybrid short-term/long-term strategy, the scale of this property does the heavy lifting. The real upside? Laneway dwelling potential. The rear lot access and lot depth make this a strong candidate for a laneway suite adding a fully independent unit to an already cash-flow-positive asset. In Toronto's current rental market, a purpose-built laneway home commands premium rents and significantly boosts long-term equity. Located steps from the University of Toronto, transit, and the restaurants and amenities of Harbord Village and the Annex this is the kind of address that keeps vacancy rates low. The numbers work. The location works. The upside is built in.

Details

Type
Semi-Detached
Style
2 1/2 Storey
Age
100+ years
Size
1500-2000 sq ft
Lot
20 × 125 ft
Basement
Finished with Walk-Out
Garage
None
Kitchens
1
Property tax
$7,571 (2025)
Neighbourhood
University
Municipality
Toronto C01

Interior

Bedrooms
13 above ground
Bathrooms
1 × 2-piece (third), 1 × 3-piece (second), 2 × 2-piece (main), 2 × 2-piece (sub-basement)
Rooms
15 above ground
Family room or den
Yes
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick, Vinyl Siding
Roof
Shingles
Age
100+
Faces
West

Parking

Total parking
4
Driveway and parking
Lane

Lot

Size
20 × 125 ft

More

Possession
Anytime
Cross street
Bathurst & Harbord

Rooms

RoomLevelSizeFeatures
BedroomMain2.76 × 3.18 m (9'1" × 10'5")
Bedroom 2Main2.58 × 3.21 m (8'6" × 10'6")
Bedroom 3Main2.12 × 3.22 m (6'11" × 10'7")
KitchenMain4.98 × 2.85 m (16'4" × 9'4")
BedroomSecond4.36 × 2.12 m (14'4" × 6'11")
Bedroom 2Second3.71 × 2.72 m (12'2" × 8'11")
Bedroom 3Second1.8 × 3.19 m (5'11" × 10'6")
DenSecond1.82 × 3.19 m (6' × 10'6")
Bedroom 4Second3.68 × 2.82 m (12'1" × 9'3")
BedroomThird3.08 × 3.34 m (10'1" × 10'11")
Bedroom 2Third1.6 × 3.34 m (5'3" × 10'11")
BedroomBasement2.68 × 2.39 m (8'10" × 7'10")
DenBasement2.04 × 2.34 m (6'8" × 7'8")
Bedroom 2Basement2.43 × 2.46 m (8' × 8'1")
Bedroom 3Basement3.58 × 1.93 m (11'9" × 6'4")

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Bathurst Subway10 min walk
  • 🚇 Christie Subway14 min walk
  • 🚆 Exhibition GO2.8 km

Within a 10-minute walk: 17 grocery stores, 356 cafés and restaurants, 23 parks, 23 pharmacies. Nearest grocery: Bulk Barn (600 m). Nearest park: Margaret Fairley Park (250 m).

Schools nearby

Elementary

  • King Edward Junior and Senior Public School
    EQAO: Gr 6 reading 82%, math 82%    4 min walk
  • Clinton Street Junior Public School
    EQAO: Gr 6 reading 96%, math 84%    9 min walk
  • da Vinci School
    EQAO: Gr 3 reading 80%, math 70%    9 min walk
  • Westside Montessori School Private9 min walk

Secondary

  • Central Technical School
    EQAO: Gr 9 math 34%, literacy test 74%    5 min walk
  • ALPHA II Alternative School5 min walk
  • Harbord Collegiate Institute
    EQAO: Gr 9 math 77%, literacy test 93%    8 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5S

Owners / renters
36% / 64%
Median household income
$70,000
Average age
40
Children under 15
6%
Homes
1% detached, 72% high-rise
Commute by transit
24%
Population
17,074

Languages spoken most at home besides English: Mandarin 8.4%, Yue (Cantonese) 2%, Korean 1.7%, Portuguese 1.1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in University (2025): 120% above the Toronto average, about the same from the year before.

  • Assault127% above average
  • Break and enter285% above average
  • Auto theftabout average
  • Robbery71% above average
  • Theft from vehicles67% above average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 1 active

  • 736 BATHURST ST · 400 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Zoning By-law Amendment for a 40-storey mixed-use building containing 386 rental dwelling units and cultural/commercial space at-grade. The existing Bathurst…
    Application details
  • 225 BRUNSWICK AVE · 450 m
    Plan of Condominium · Closed · applied 2024
    Draft Plan of Condominium for seven dwelling units.
    Application details
  • 84 ULSTER ST · 50 m
    Plan of Condominium · Closed · applied 2022
    Draft Plan of Standard Condo for 5 residential units.
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 3 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 1.6 km
  • 🚧 King West GO Transit1.9 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Interior Alterations · 2020 · Closed
    Proposal to build stairs to attic area in existing Single Family Dwelling Semi-Detached house.
  • Walk-Out Stair · 2014 · Closed
    Proposed construction of a new basement walkout on south side of single family semi-detached dwelling.

8 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

59 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE SIGNATURE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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