Kensington-Chinatown, Toronto, M5T 2R5
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).
Features
- Facing: West
- Bedrooms: 3
- Bathrooms: 4
- Garages:
- Kitchens: 1
Details
- Lot size: 20.00 x 128.58 Feet
- Space: 1500-2000
- Tax: $ 7174.36
- C13704126
- Listing contracted with: CAPITALPLUS GROUP REALTY INC.
| Room | Size(M) | Description | |
|---|---|---|---|
| Living Rm | 9.00x4.90 | ||
| Kitchen | 7.00x3.20 | ||
| Dining Rm | 9.00x4.90 | ||
| Primary B | 4.90x4.25 | ||
| 2nd Br | 4.40x3.35 | ||
| 3rd Br | 2.70x2.75 | ||
| Other | 4.50x3.10 |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 2xBaths | 4 pcs | Second |
|
| 1xBath | 2 pcs | Main |
|
| 1xBath | 3 pcs | Basement |
Property Summary
Located close to the intersection of College St. & Bathurst St., 68 Lippincott St is a 3+2 bedrooms 4 washrooms Detached. The property has many nice features including Water Heater. Living Room Rm, Kitchen and Dinning Room Rm are on the Main floor.Local Area Profile
This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing, along with some townhouses. Approximately 43% of residents hold a bachelor's degree or higher, while about 16% have a college credential. Public transit is commonly used by local commuters, alongside driving.
School Information
- Kensington Community School (Grade:JK-6) 513/3037
- King Edward Junior and Senior Public School (Grade:JK-8) 1119/3037
- Harbord Collegiate Institute (Grade:9-12) 163/739
- St. Mary Catholic School (Grade:JK-8) 1683/3037
- Ryerson Community School (Grade:JK-8) 2413/3037
- Lord Lansdowne Junior Public School (Grade:0-6) 548/3037
- King Edward Junior and Senior Public School (Grade:JK-8) 1119/3037
