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New3 hours ago

262 Lippincott Street

University, Toronto

$799,000

Freehold Townhouse|2-Storey
3 | 2 | 0
About this home

Rare opportunity to own in one of Toronto's prime neighbourhoods close to UofT, Kensington Market, Little Italy and more. This three bedroom, two storey home is being sold "as-is, where-is" and will need some fixes, but it is ideal for a first-time buyer, or investor, or someone seeking a project looking to add value. Please note that this property has a "order to comply" notice (with regards to a non-permitted demo of the mud room and non-permitted rear deck addition). The house is in very livable condition, and repairs/renovations will bring it to its fullest potential. The Buyer is to perform their own due diligence and satisfy themselves as to condition, permitted uses, and renovation potential of the property. Bring your contractor and your imagination - an opportunity like this doesn't wait.

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agent
Mahta Nourbakhsh
(416) 953-9580
TypeAtt/Row/Townhouse
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,199
Lot Size13.5 ft x 101 ft
mls© NumberC13826960
Listed ByRIGHT AT HOME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,090
Property tax
$517
Heat allowance
$150
Housing costs
$4,756 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,800
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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