$1,825,000
For sale: Multiplex

A two-storey Victorian residence fronting Lippincott Street and a separate three-bedroom laneway home at the rear offer two tenanted residences on one freehold property in Harbord Village. The main house features high ceilings, hardwood flooring in principal rooms and a spacious kitchen with a walkout to the backyard patio. The laneway home has its own living room, kitchen and separate utilities.Set on a lot approximately 140 feet deep near Harbord and Bathurst, the property is within walking distance of the University of Toronto, Kensington Market and the shops and restaurants along Bloor Street in the Annex. The Bathurst streetcar stops at Harbord and connects to Line 2 at Bathurst Station. An opportunity to acquire a Victorian home and a separately tenanted laneway residence in one downtown holding.
Sold data
Homes in University took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 51, across 63 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 38 days.
The median sale price was $1,429,000.
Homes sold for about 4.0% below asking on average, so there was room to negotiate.
About 25% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 63 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (University) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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