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    Toronto / Downtown / Kensington Market

    8 - 56 Lippincott St

    For SaleLippincott Living
    $1,688,000
    3 Beds
    3 Bath
    1 Parking
    2,000 SQFT
    30 Days on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Townhouse
    Maintenance Fees:
    $975/mth
    Taxes:
    $7,940 (2024)
    Cost Per Sqft:
    $844/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    March 1, 2025
    Laundry:
    Upper
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    13.78 x 14.37ft
    Dining
    9.38 x 10.11ft
    Kitchen
    13.09 x 14.37ft

    About this Listing

    Elegant Townhome-Offering Stylish Urban Living. Do Not Miss Out On A Most Desirable & Luxurious Modern End Unit. This Highly Sought-After 3 Bedroom 3 Bath Boasts Open Concept Kitchen/Living Rm, Featuring Corian Counter & S/S Appliances, European Style Cabinet Pulls. 10 Ft Ceiling On Main Floor, 3rd Floor Master Bedroom Access To A Private Balcony, Outstanding View Of The CN Tower. Large Ensuite Bathroom Is Combined With A Dressing Area. Expansive Built-In Closets. Over 2000 Sq Ft. Of Living Space. Newly Painted. Spacious, Bright, Lots Of Natural Sunlight. Beautiful Private Outdoor Terrace. The Biggest Of All Units. Steps To Little Italy, Kensington Market, & Chinatown. Great Walk Score & Easy Access To Public Transit, Schools, Library, Parks, Restaurants, Shops &Groceries. Direct Access To Private Underground Parking Spot & Storage Area. Thanks For Viewing!

    century 21 green realty inc.MLS® #C11964236

    Amenities

    Indoor Parking

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    7,191
    Average Individual Income
    $60,939
    Average Household Size
    2 persons
    Average Age
    45
    Average Household Income
    $88,765
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    31%
    35 - 49
    19%
    50 - 64
    17%
    65+
    17%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    53%
    Detached
    29%
    Semi Detached
    9%
    Low Rise Apartment
    5%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    68%
    Mandarin
    13%
    Cantonese
    11%
    Tamil
    3%
    Telugu
    2%
    Tagalog
    1%
    Hindi
    1%
    Korean
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    16%
    None
    13%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    16%
    Social Sciences
    12%
    Math & Computer Sciences
    11%
    Health & Related Fields
    9%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Lippincott Living vs The Kensington Market Area

    Building Trends At Lippincott Living

    Days on Strata

    Units at Lippincott Living spend an average of
    5
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Kensington Market

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 5 condos in the Kensington Market area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Lippincott Living offers the
    ?
    best value out of 5 condos in the Kensington Market neighbourhood

    Appreciation Rank

    Lippincott Living has the
    ?
    highest ROI out of 5 condos in the Kensington Market neighbourhood

    Rental Yield

    Lippincott Living yields the
    ?
    highest rent prices out of 5 condos in the Kensington Market neighbourhood

    High Demand

    Lippincott Living is the
    ?
    most popular building out of 5 condos in the Kensington Market neighbourhood

    Transaction Insights at 56 Lippincott Street

    3 Bed
    Price Range$1,685,000
    Avg. Cost Per Sqft$749
    Avg. Wait for Unit Availability773 Days
    Ratio of Units in Building100%

    Transactions vs Inventory

    Total number of units listed and sold in Kensington Market