70 Lippincott Street, Toronto, ON

$2,199,500
MLS#:C13704130
3 beds
3 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Added:Aug 22, 2026(7 days ago)
Updated:Aug 22, 2026(7 days ago)
Last Checked:5 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,199,500 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.

  • 3 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 20 x 128.58 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • Efficient forced air heating via gas

Description

Rare downtown Toronto development assembly in historic Kensington Market. Sold strictly together with adjacent 68 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).

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

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Property Summary

This detached home located at 70 Lippincott Street, Toronto is currently for sale and has been available on SousaSells for 7 days. This property is listed at $2,199,500 with an estimated mortgage of $7,321* per month. It has 3 beds, 3 bathrooms, and is 2000-2500 square feet. 70 Lippincott Street, Toronto is in the Kensington-Chinatown neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Kensington-Chinatown, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Toronto.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
AddedAug 22, 2026 (7 days ago)
UpdatedAug 22, 2026 (7 days ago)
Last Checked5 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size20 Ă— 128.58 Feet
CountyToronto
Annual Tax$7,688.46
Legal DescriptionPT LT 13 PL 314 TORONTO AS IN CA585598; CITY OF TORONTO

Parking & Garage

Parking Total3.0
Parking Space1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 70 Lippincott Street, Toronto, ON

Q.What is the asking price for 70 Lippincott Street, Toronto, ON ?

The current listing price for 70 Lippincott Street, Toronto, ON in Kensington-Chinatown, Toronto is $2,199,500.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 70 Lippincott Street, Toronto, ON ?

70 Lippincott Street, Toronto, ON is a Detached (2-Storey) featuring a Finished basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 3.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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Location

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70 Lippincott Street, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Kensington-Chinatown, Toronto

SAFETY RATING4.5 / 10
Active Urban Center
Total Annual Incidents1,085 incidents / yr
Average Per Month90.4 incidents / mo
Population Benchmark22,801 residents
Personal Safety
Elevated

476 assaults (2122.7/100k)

Property Security
Elevated

152 B&E (677.9/100k)

Auto Theft Risk
Elevated

28 thefts (124.9/100k)

1-Year Trend
â–˛ +26.8%

Elevated vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 70 Lippincott Street, Toronto, ON M5T 2R5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$659,850 (30.0%)
* Minimum Canadian down payment required for this price is $439,900.
Amortization Period30 Years
Estimated Monthly Payment$7,321Based on a loan of $1,539,650 over 30 years.
Purchase Price$2,199,500
Loan Amount$1,539,650
Provincial Land Transfer Tax:$41,463
Toronto Municipal Land Transfer Tax:$41,463
Total Estimated Closing Taxes:$82,925

About Purchasing a Home in Toronto, ON

For a property listed at $2,199,500 in Toronto, the legal minimum down payment is $439,900 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 $41,463 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $41,463 also applies, bringing the total estimated land transfer taxes to $82,925.

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Kensington Chinatown, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kensington Chinatown, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,544,314

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Kensington Chinatown, Toronto

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9
St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Central
Public725 Bathurst Street, Toronto, Ontario, M5S 2R5
4.2

Kensington Chinatown, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.

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