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    56 Lippincott Street

    Lippincott Living
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    1for Sale
    0for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    1
    Number of Units:
    8
    Condo Completion:
    2010
    Condo Demand:
    High
    Unit Size Range:
    1,800 - 2,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Lippincott Living

    Receive listing updates for Kensington Market

    Amenities

    Indoor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 56 Lippincott StreetLippincott Living

    Buildings don’t get much more exclusive than this — with only 8 Toronto townhouses in total, Lippincott Living affords its residents a private enclave in the Kensington Market neighbourhood. These townhomes are luxurious, bright, and spacious — perfect for mature professionals and small families who would feel cramped in most Toronto condos for sale.

    If you’re interested in a building with a long list of amenities, then you’ll want to look elsewhere — 56 Lippincott St has more in common with a house than it does a condo, and aside from a parking garage, there are no additional amenities.

    But you don’t choose a complex like Lippincott Living for an extensive list of extras, you choose it for the suites.

    The Suites

    All units at 56 Lippincott are 3-storey, 3 bedroom townhomes — if you’re intrigued by that, just wait until you hear about what’s inside; 10 foot ceilings, glass window walls in the front, prefinished engineered hardwood floors, massive master bedrooms which encompass the entire third floor, large master ensuite-bathrooms, third floor balconies, Corian countertops in the kitchen, and European-styled stainless steel appliances.

    These townhomes have ground level patios for outdoor living space, and basements with garage entry, a mudroom, and laundry room.

    The Neighbourhood

    Kensington Market is a very central location, enabling quick access to boutique shopping, cafes, and nightlife — plus, it’s only a short ride on the subway or streetcar for Toronto’s biggest and best attractions.

    Shopping enthusiasts will enjoy searching for vintage finds on Augusta and Kensington Avenue; there are clothing stores like Space Vintage, Cinderella Vintage, Exile, and Vintage Depot. Boutique shops for accessories such as Butterfly, and a also a range of shops for everything from Skateboards to unique cheeses. If you’re looking for a more modern shopping experience, the Eaton Centre is just a short bus ride to the east — there you’ll find over 200 stores for the latest in fashion and technology.

    From your front door at 56 Lippincott Street, you are minutes from College Street where you’ll find cozy cafes for an espresso and a pastry; there’s Voodoo Child Espresso & Cocktail Bar, Manic Coffee, Free Times Café and Aroma Espresso Bar. Augusta Avenue is also home to many trendy cafes like Livelihood Café, Cafe Pamenar, Film Café Restaurant by Eative, and King's Café.

    For dining and nightlife — you have a diverse blend of international cuisines and craft beer available to you; there’s El Rancho for Latin American, New Ho King for Chinese food, Via Mercanti for pizza and pasta, Seven Lives for tacos, and Ozzy's Burgers for a classic slider.

    After you eat you’ll want to get out and enjoy the neighbourhood, and you’ll have some great places to choose from; Coalition: T.O. on College for bar games and live music, Trinity Common for a vast selection of craft beers, Ein-Stein Bierhalle for open mic and microbrews, or for something artistic there’s Poetry Jazz Café on Augusta. Sports fans will have an easy time getting to the Rogers Centre and Scotiabank Arena; Bathurst St at College St stop is less then a 5 minute walk from Lippincott Living, giving quick access to streetcars and buses.

    When it comes time for a grocery run, you won’t have to go far — there’s Sams Food Store, Independent City Market, and Friendly Magnolia Fine Foods on College, and Perola's Supermarket on Augusta. If you need some nature in your life, there’s Alexandra park and Bellevue Square Park to the south, Grange Park to the south-east, and the expansive fields and walking paths of Queen’s Park are only a 20 minute walk to the north-east.

    Transportation

    Kensington Market is one of the most pedestrian-friendly neighbourhoods in the city. With so many shops nearby, residents will likely be able to run errands without relying on public transit or a vehicle.

    Those who rely on public transit can walk to the Bathurst and College St stop, to connect to streetcars, buses, and subway lines throughout the city.

    Drivers can reach the nearest highways by taking University avenue to Adelaide St E for the Don Valley Parkway, and for the Gardiner Expressway — head south on Spadina.

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    Explore Kensington Market

    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 condos

    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%

    Maintenance Fees

    Lippincott Living vs The Kensington Market Area

    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
    12%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    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%

    Unit Sales vs Inventory

    Total number of units listed and sold in Kensington Market