23 Lippincott Street, Toronto C01

$2,960,000
23 Lippincott Street

$2,960,000

New
9d
Semi-Detached 3-Storey

23 Lippincott Street, Toronto C01

Total Monthly Obligation $12,879

Beds
4
Baths
5
Park
1
Sqft
2500-3000
DOM
9d
Score
15
Yield
3.0%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Semi-Detached
MLS® Number-C14030148
Beds-4
Bathrooms-5
Size-2500-3000 sqft
Lot Size-100 × 15.83 ft
Listed on site-Oct 14, 2026
Style-3-Storey
Building Type-Semi-Detached
Taxes-$6,771.7 (2025)
Parking-1 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles, Flat
Foundation-Stone, Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Kensington-Chinatown
Title-Residential Freehold

No agent assigned

In a city celebrated for its eclectic design and dynamic spirit, this breathtaking residence stands alone, a showpiece of contemporary design by award-winning Ancerl Studio. From the moment you arrive, its distinctive brick facade, copper detailing, and privately fenced corner lot evoke the quiet sophistication of a New York brownstone, seamlessly set within a vibrant Toronto neighbourhood. Inside, a world of extraordinary detail unfolds, a fusion of Parisian refinement and metropolitan sophistication throughout 3,600 square feet of finished living space across four storeys. A soaring two-storey mezzanine at the center sets a dramatic tone, while custom woodwork and sculptural lines anchor the home in both scale and intimacy. Custom furnishings, sweeping sightlines, and meticulously selected materials create a narrative of quiet luxury and timeless design. At its heart, this three-storey home with three plus one bedrooms and five bathrooms elevates both daily life and entertaining. The third level is an indulgent primary suite, complete with a walk-through dressing room, five-piece spa-like ensuite, marble fireplace, and private balcony with striking CN Tower views, an ever-present reminder of the city's pulse just beyond the serenity. The lower level offers a generous recreation room with natural light, private guest bedroom, full bathroom, a second laundry, and ample storage. Outdoors, landscaped rear gardens offer a tranquil escape. A stone patio off the main level creates an ideal setting for indoor-outdoor living. The detached garage via laneway completes this urban sanctuary with seamless functionality. Every element reflects a commitment to design excellence and thoughtful craftsmanship, a singular opportunity to live beautifully in the heart of the city. The custom and curated furnishings and decor are included in the sale of the residence. *FENG SHUI certified by Master PAUL NG** *5 Wealth centers, plus powerful energy for Health & Relationships*

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$2,368,000
Land Transfer Taxes$60,475
Legal Fees (Est.)
$
Total cash required for closing$653,975

Total Monthly Obligation

$12,879/mo
Mortgage $11,940
Monthly Loss $9,737
Principal$3,142
Interest$8,798
Property Tax$564
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.4%16
10-Year IRR
7.7%
Returns Index
9.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$89,904/yr
NOI
$69,642/yr
Net Cash Flow
-$6,136/mo
Cash Margin
-81.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.494
LTV Ratio
80.0%18
Vacancy Buffer
0.8 mo14
Risk Index
12.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 23 Lippincott Street

Time

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