31 Lippincott St
Kensington-Chinatown, Downtown Toronto, M5T 2R6
FOR SALE
$3,299,999
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4
BEDROOMS6
BATHROOMS1
KITCHENS12 + 3
ROOMSC8110000
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Property Description
This Award Winning Home (1st place small bathroom '24 NKBA Awards-3rd floor) Designed and Renovated by Ace of Space Interiors (winners of HGTV's hit show Renovation Resort!) This 4 Bed, 6 bath home will not disappoint even the most discerning of buyers. 3rd floor primary retreat w/roof top deck and jaw dropping views of Majestic Skyline. Custom Millwork Abounds. The Ultimate Chef Inspired Kitchen complete with built in high end Fisher & Paykel appliances. Custom archways through out. Incredible 10 ft ceilings on main, 9ft 2nd, Vaulted Ceiling 3rd and 8ft ceilings in Basement! 4 beds all complete with Ensuites. 2nd floor custom laundry room with B/I millwork under stairs. Sun filled office space with custom waterfall window and floor to ceiling sliding industrial style glass doors. Serene and Private Fenced Yard with 2 car parking. Spray foam throughout. New furnace, AC, Plumbing, Electrical, 200amp. Renovated W/Permits. Steps to Little Italy. TRULY A ONE OF A KIND MUST SEE HOME!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-11-03 | 2024-03-02 | 120 | $3,489,000 | - | Terminated |
| 2022-05-22 | 2022-06-12 | 21 | $849,888 | $896,000 | Sold |
| 2021-06-28 | 2021-06-30 | 2 | $1,188,000 | $1,342,888 | Sold |
Extras
New Roof, Siding, Brick Veneer, 200 AMP Upgrade , Closed Cell Spray Foam , Furnace & AC , Duct Work, Plumbing , Electrical ,Fence. Building/permit docs avail. Qualifies for large Laneway House as per Laneway Advisors. See attached Letter
Nearby Intersections
Property Features
Arts Centre, Fenced Yard, Hospital, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
18' x 100'
Fronting
East
Taxes
$5,757 (2023)
Basement
Finished
Exterior
Brick Front, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 16.73' x 16.83' | Hardwood Floor, Window Flr To Ceil, B/I Closet |
| Dining | Ground | 16.54' x 13.32' | Hardwood Floor, B/I Bookcase, Large Window |
| Kitchen | Ground | 11.98' x 16.90' | Centre Island, B/I Appliances, Quartz Counter |
| 2nd Br | 2nd | 12.30' x 15.58' | 4 Pc Ensuite, Vaulted Ceiling, Hardwood Floor |
| 3rd Br | 2nd | 10.20' x 16.11' | 3 Pc Ensuite, Large Window, Hardwood Floor |
| 4th Br | 2nd | 10.14' x 16.21' | 3 Pc Ensuite, Vaulted Ceiling, Large Window |
| Office | 2nd | 6.04' x 6.46' | Sliding Doors, Skylight, Hardwood Floor |
| Laundry | 2nd | 3.28' x 5.25' | Sliding Doors, Custom Counter, Pot Lights |
| Br | 3rd | 13.58' x 18.41' | W/O To Sundeck, 3 Pc Ensuite, Dry Bar |
| Den | Bsmt | 12.17' x 15.35' | Vinyl Floor, Pot Lights, 3 Pc Bath |
| Other | Bsmt | 10.86' x 11.81' | Vinyl Floor, 3 Pc Bath |
| Furnace | Bsmt | 5.48' x 12.47' | Sump Pump, Partly Finished |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
31 Lippincott St is a 4-bedroom 6-bathroom home listed for sale at $3,299,999, which is $1,248,480 (60.9%) higher than the average sold price of $2,051,519 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto declined by $7,154 (0.3%) compared to the previous 30 day period (February 26 - March 26) and up $4,880 (0.2%) from the same time one year ago.Inventory Change
There were 567 4-bedroom homes listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 16.7% compared with the previous 30 day period (February 26 - March 26) and up 5.0% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold $22,091 (1.1%) above asking price over the last 30 days (March 27 - April 25), which represents a $8,227 increase compared to the previous 30 day period (February 26 - March 26) and $33,945 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 55.2%, up from 51.4% over the previous 30 days (February 26 - March 26) and down from 58.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 6-bathroom home in Downtown Toronto stood at 16 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Moveta Realty Inc.
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