23 Lippincott Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C14030148

$2,960,000
For Sale
Listed 5 days agoNo offer date stated
3+1Bedrooms
5Bathrooms
1Garage
2500-3000Sq ft

About this home

In short

  • In a city celebrated for its eclectic design and dynamic spirit, this breathtaking residence stands alone, a showpiece of contemporary design by award-winning Ancerl...
  • From the moment you arrive, its distinctive brick facade, copper detailing, and privately fenced corner lot evoke the quiet sophistication of a New York brownstone...
  • Inside, a world of extraordinary detail unfolds, a fusion of Parisian refinement and metropolitan sophistication throughout 3,600 square feet of finished living space...
  • A soaring two-storey mezzanine at the center sets a dramatic tone, while custom woodwork and sculptural lines anchor the home in both scale and intimacy.
  • The custom and curated furnishings and decor are included in the sale of the residence. FENG SHUI certified by Master PAUL NG 5 Wealth centers, plus powerful energy...

In a city celebrated for its eclectic design and dynamic spirit, this breathtaking residence stands alone, a showpiece of contemporary design by award-winning Ancerl Studio. From the moment you arrive, its distinctive brick facade, copper detailing, and privately fenced corner lot evoke the quiet sophistication of a New York brownstone, seamlessly set within a vibrant Toronto neighbourhood. Inside, a world of extraordinary detail unfolds, a fusion of Parisian refinement and metropolitan sophistication throughout 3,600 square feet of finished living space across four storeys. A soaring two-storey mezzanine at the center sets a dramatic tone, while custom woodwork and sculptural lines anchor the home in both scale and intimacy. Custom furnishings, sweeping sightlines, and meticulously selected materials create a narrative of quiet luxury and timeless design. At its heart, this three-storey home with three plus one bedrooms and five bathrooms elevates both daily life and entertaining. The third level is an indulgent primary suite, complete with a walk-through dressing room, five-piece spa-like ensuite, marble fireplace, and private balcony with striking CN Tower views, an ever-present reminder of the city's pulse just beyond the serenity. The lower level offers a generous recreation room with natural light, private guest bedroom, full bathroom, a second laundry, and ample storage. Outdoors, landscaped rear gardens offer a tranquil escape. A stone patio off the main level creates an ideal setting for indoor-outdoor living. The detached garage via laneway completes this urban sanctuary with seamless functionality. Every element reflects a commitment to design excellence and thoughtful craftsmanship, a singular opportunity to live beautifully in the heart of the city. The custom and curated furnishings and decor are included in the sale of the residence. *FENG SHUI certified by Master PAUL NG** *5 Wealth centers, plus powerful energy for Health & Relationships*

Key facts

Property type
Semi-Detached, 3-Storey
MLS®
C14030148
Bedrooms
3+1 (4 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
100 × 15.83 ft
Cross streets
College St. and Bathurst
Parking
1 garage (detached)
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Stone, Poured Concrete
Roof
Shingles, Flat
Sewer
Sewer
Property tax
$6,772 / 2025
Days on market
5
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM

Rooms

Bedroom 4Lower3.68 × 2.54 m

hardwood floor · pot lights · double closet

LaundryLower1.96 × 1.93 m

hardwood floor · marble counter · laundry sink

Living RoomMain5.31 × 4.29 m

hardwood floor · fireplace · walk-out

Primary BedroomThird4.47 × 4.27 m

hardwood floor · fireplace · 5 pc ensuite

Dining RoomMain4.39 × 2.84 m

hardwood floor · crown moulding · built-in speakers

SittingThird4.90 × 3.00 m

hardwood floor · walk-in closet(s) · b/i shelves

KitchenMain6.78 × 3.40 m

hardwood floor · marble counter · centre island

FoyerMain4.50 × 1.75 m

marble floor · b/i closet · wall sconce lighting

Bedroom 2Second4.32 × 3.66 m

hardwood floor · double closet · 3 pc ensuite

LibrarySecond6.78 × 3.40 m

hardwood floor · b/i desk · coffered ceiling(s)

RecreationLower6.65 × 3.91 m

hardwood floor · pot lights · above grade window

Bedroom 3Second4.57 × 2.95 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is King Edward Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Kensington-Chinatown · asking prices
$1.54Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market.

Per square foot, these ask about $879/sqft; this home lists at $1,076/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
2.96MThis home1.58M1.50M1.89M1.50M1.24MThis home vs active comparables

Neighbourhood & location

Kensington-Chinatown, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

University
$1.75M
Palmerston-Little Italy
$1.68M
Annex
$2.07M
Wychwood
$1.14M
Corso Italia-Davenport
$899K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near da Vinci School
67%
da Vinci SchoolPublic · Elementary · 0.5 km awayBelow the GTA average · 67% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Kensington Community School School Junior · Public elementary0.1 km · 97% at standard
Lord Lansdowne Junior Public School · Public elementary0.5 km · 85% at standard
Ryerson Community School Junior Senior · Public elementary0.5 km · 52% at standard
Clinton Street Junior Public School · Public elementary0.7 km · 90% at standard
St Francis of Assisi Catholic School · Catholic elementary0.7 km · 80% at standard
Beverley School · Public elementary0.8 km
Subway Academy II · Public secondary0.8 km
Charles G Fraser Junior Public School · Public elementary0.8 km · 74% at standard
Central Technical School · Public secondary0.9 km · 54% at standard
Heydon Park Secondary School · Public secondary0.9 km · 8% at standard
Harbord Collegiate Institute · Public secondary1.0 km · 85% at standard
Ogden Junior Public School · Public elementary1.0 km · 69% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$13,491/mo
$531KIncome needed
5.6×Price ÷ income
$3,113Weekly cost
$120,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

96%mortgage
Mortgage $13,491Property tax $564Total carry $14,055

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$13,093per month

Mortgage amount $2,368,000 · 4.49% over 25 years

$592,000Down payment (20.0%)
$2,368,000Loan before insurance
$0CMHC premium
$13,657Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$13,093
Property tax
$564
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,657

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$60,475
Toronto municipal land transfer tax
$60,475
Estimated closing costs
$120,950

Plus your down payment of $592,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$15,847/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,559,924Total interest paid
$3,927,924Total of all payments
Principal $2,368,000 Interest $1,559,924
YearPrincipalInterestBalance
1$52,844$104,273$2,315,156
2$55,243$101,874$2,259,913
3$57,751$99,366$2,202,162
4$60,373$96,744$2,141,789
5$63,115$94,002$2,078,674
6$65,980$91,137$2,012,694
7$68,976$88,141$1,943,718
8$72,108$85,009$1,871,610
9$75,382$81,735$1,796,228
10$78,804$78,313$1,717,424
11$82,382$74,735$1,635,041
12$86,123$70,994$1,548,919
13$90,033$67,084$1,458,885
14$94,121$62,996$1,364,764
15$98,395$58,722$1,266,370
16$102,862$54,255$1,163,507
17$107,532$49,584$1,055,975
18$112,415$44,702$943,560
19$117,519$39,598$826,041
20$122,855$34,262$703,186
21$128,433$28,684$574,754
22$134,264$22,853$440,489
23$140,360$16,757$300,129
24$146,733$10,384$153,396
25$153,396$3,721$0

At the end of your 5-year term

Total paid over the term
$785,585
Principal paid down
$289,326
Interest paid
$496,259
Balance remaining
$2,078,674

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
1.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.1%
Gross yield
− Property tax $6,772− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $47,898

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM. MLS®/PropTx.

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