6 LAPP STREET, Toronto (Rockcliffe-Smythe)

2026-05-29
 

Quick Summary

Location
6 LAPP STREET, Toronto (Rockcliffe-Smythe), Ontario M6N3W6
Price
$1,529,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1500 - 2000 sqft
Bedrooms:
6 bed +1
Bathrooms:
5
Garages:
2

MLS®#W13207998

Property Description

Investor Alert! Opportunity Knocks for End Users as well on this completely Gutted, Restored w/Addition & Newly Renovated Duplex w/a Basement Apt. Main & Upper Units Currently Leased at $3,300/mo & $3,200/mo Respectively. Basement Suite $1,450/mo. Gross Annual Income $95,400. Expenses @ 6% approx.(Property Taxes & Insurance) & Tenants Pay Own Utilities. Working at a 5.6% CAP Rate! A Detached 2 Car Garage gives you the opportunity to Build a Laneway Suite(Owner has Drawings/Plans). Everything is Brand New Inside and Out! All New Stucco Exterior! All Units have their own Private Separate Entrances & In-Suite Laundry. The Main Floor Apartment is a New 892 sq ft - 3 Bedroom - 1.5 Baths with 2 Separate Entrances & access to Private Yard. The Upper Apartment is a new 889 sq ft - 3 Bedroom - 1.5 Baths. The Basement Apartment is a renovated 1 Bedroom -1 Bath Suite. Each Apartment has it's Own High Efficient Heating/Cooling Mini-Split Systems Separately Metered so each Tenant Pays their Own Per Use Hydro Bills! Water Utility is divided 3 ways (40-40-20). Detached 2 Car Garage Parking w/Laneway Access. The Property is Easy to Rent with TTC access a very short walk to St Clair West Streetcar which go direct to St Clair West & Yonge Subway Lines. A short drive to Highways 401/400. Walk to theStockyards Mall and Local Shops, Restaurants, Enjoy all Corso Italia & Junction Neighbourhood Amenities. Fantastic Opportunity to Grow your Real Estate Portfolio with a Legal Duplex w/3units & a Great R.O.I. Everything is Brand Spanking New Inside & Out! (id:32467)

Property Features

Building

  • Appliances: Dishwasher, Dryer, Garage door opener, Hood Fan, Water Heater, Microwave, Stove, Washer, Refrigerator
  • Basement Features: Apartment in basement
  • Basement Type: N/A
  • Cooling Type: Wall unit
  • Exterior Finish: Stucco
  • Fireplace: No
  • Flooring Type: Hardwood, Tile
  • Interior Size: 1500 - 2000 sqft
  • Building Type: Duplex
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Carpet Free

Land

  • Land Size: 25 x 120 FT
  • Sewer: Sanitary sewer

Information entered by OAK AND KEY REAL ESTATE BROKERAGE, INC.
Listing information last updated on: 2026-06-09 15:50:53


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