Monthly rent

$2,490

Beds

Baths

Sqft

630

Monthly rent	$2,490
Beds	2
Baths	1
Sqft	630

5+ Days Ago

Location

127 Lippincott Street, Toronto, ON M5S 2P2, CA|South Annex

Tour 127 Lippincott Street

Contact

Ken Lui

(844) 334-2712 ext. 1136

Amenities for 127 Lippincott Street, South Annex

Apartment Amenities

Air Conditioning	Central Heat
Hardwood Floor	High Ceilings

Building

Onsite Laundry

Grounds

Garden

Outdoor Space

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

About 127 Lippincott Street

Sweet deal!

This listing is 13% below the median price for 2 bedroom apartments in South Annex.

Renovated & bright 2-bdrm unit on main floor of a quiet house in residential neighborhood. Heart of downtown Toronto. Central AC. Laundry in-house. High ceiling. Lots of natural lighting. New kitchen cabinetry. Quartz countertop. Stainless-steel appliances. Built-in wall closets. Close to all amenities: steps to UofT, financial district, hospitals, and TTC transit lines; Quick-walk to supermarkets / grocery stores / restaurants / cafes / shops / parks. Lease term 1 yr or negotiable. Utilities excluded. Sorry no pets & no smoking / vaping of any kind (due to allergies).

Lease Terms

1 year

Neighborhood

South Annex

Post code

M5S 2P2

Type

Apartment for rent

Rent trends in South Annex

2-bedroom apartments at 127 Lippincott Street cost about 13% less than the average rent price for 2-bedroom apartments in South Annex.

Median rents as of Nov 29 2025.

South Annex

Toronto

A table of 2-bedroom apartment rental data trends in Toronto
Month	Median Rent
December 2023	$3,200
January 2024	$3,200
February 2024	$3,197
March 2024	$3,169
April 2024	$3,105
May 2024	$3,133
June 2024	$3,103
July 2024	$3,049
August 2024	$3,092
September 2024	$3,043
October 2024	$2,997
November 2024	$2,961
December 2024	$2,948
January 2025	$2,993
February 2025	$2,976
March 2025	$2,901
April 2025	$2,860
May 2025	$2,850
June 2025	$2,850
July 2025	$2,816
August 2025	$2,799
September 2025	$2,778
October 2025	$2,764
November 2025	$2,748

A table of 2-bedroom apartment rental data trends in South Annex
Month	Median Rent
December 2023	$3,331
January 2024	$3,299
February 2024	$3,324
March 2024	$3,328
April 2024	$3,389
May 2024	$3,266
June 2024	$3,140
July 2024	$3,150
August 2024	$3,193
September 2024	$3,471
October 2024	$3,293
November 2024	$2,900
December 2024	$2,920
January 2025	$2,953
February 2025	$3,143
March 2025	$2,942
April 2025	$2,736
May 2025	$2,749
June 2025	$2,874
July 2025	$2,870
August 2025	$3,041
September 2025	$3,158
October 2025	$2,866
November 2025	$2,864

Affordability calculator

Can I afford to live at 127 Lippincott Street?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$99,600/yr

With your selected rent-to-income ratio, you'd ideally want to make $99,600 annually to afford this 2-bedrooms monthly rent price of $2,490.

For more information on rent affordability, visit our rent calculator.

Getting around Toronto near 127 Lippincott Street

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

4/10

Roads are accessible, but parking may be a challenge.

Cycling

9/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

9/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 127 Lippincott Street, Toronto

Groceries

10/10

Several grocery stores nearby

Shopping

10/10

Wide variety of shops within a few minutes' walk

Cafes

10/10

Variety of cafés right on the street

Restaurants

9/10

Variety of restaurants within a few minutes' walk

Primary schools

9/10

At least one elementary school within a 5-minute walk

High schools

10/10

At least one high school within a 5-minute walk

Parks

10/10

Very large amount of park space within a few minutes' walk

Nightlife

8/10

Variety of bars within walking distance

127 Lippincott Street127 Lippincott Street, Toronto, ON M5S 2P2, CA

Location

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Contact

Amenities for 127 Lippincott Street, South Annex

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About 127 Lippincott Street

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Getting around Toronto near 127 Lippincott Street

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Points of interest for 127 Lippincott Street, Toronto

Groceries

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Primary schools

High schools

Parks

Nightlife

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Homes in South Annex

127 Lippincott Street
127 Lippincott Street, Toronto, ON M5S 2P2, CA