6 LAPP STREET, Toronto, Ontario M6N 3W6

6 LAPP STREET, Toronto, Ontario M6N 3W6
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Get more details

$1,499,000.00

  • 7 bedrooms
  • 5 bathrooms

Investor Alert! Opportunity Knocks for End Users as well on this completely Gutted, Restored w/Addition & Recently Renovated Duplex w/a Basement Apt. Main & Upper Large 3 Bedroom Units Currently Leased at $3,300/mo & $3,000/month Respectively. Basement Suite $1,400/mo. Garage space $225/mo. Gross Annual Income $95k approx 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 2 Years New Inside and Out! All New Stucco Exterior! All Units have their own Private Separate Entrances & ... read more

Investor Alert! Opportunity Knocks for End Users as well on this completely Gutted, Restored w/Addition & Recently Renovated Duplex w/a Basement Apt. Main & Upper Large 3 Bedroom Units Currently Leased at $3,300/mo & $3,000/month Respectively. Basement Suite $1,400/mo. Garage space $225/mo. Gross Annual Income $95k approx 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 2 Years 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:25417)

  • Listing ID: W13706704
  • Property Type: Multi-family
Property
Lot Size: 25 by 120 FT
Parking: Detached Garage
2 Spaces
Building
Type: Multi-family Duplex
Appliances: Dishwasher, Dryer, Garage Door Opener, Hood Fan, Microwave, Refrigerator, Stove, Washer, Water Heater and Garage Door Opener Remote(s)
HVAC: Fireplace, Forced Air and Wall Unit
Electric
Exterior: Stucco
Basement: N/A
Utilities: Sanitary Sewer
Location
City: Toronto (Rockcliffe-Smythe)
Province: Ontario
Rooms Level Dimensions
Great room Second level 4.75 m x 4.3 m
Kitchen Second level 4.75 m x 4.3 m
Primary Bedroom Second level 3.57 m x 3.24 m
Bedroom 2 Second level 4.69 m x 2.75 m
Bedroom 3 Second level 3.35 m x 3.05 m
Kitchen Basement 4.21 m x 2.8 m
Bedroom Basement 3.05 m x 2.75 m
Den Basement 2.5 m x 2.5 m
Great room Main level 5.48 m x 4.88 m
Kitchen Main level 5.48 m x 4.88 m
Primary Bedroom Main level 3.66 m x 3.11 m
Bedroom 2 Main level 4.27 m x 2.74 m
Bedroom 3 Main level 3.05 m x 2.8 m

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6 LAPP STREET, Toronto, Ontario M6N 3W6
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This property, located on Lapp Street in Toronto Ontario, was published on August 24th, 2026. See if this multi-family home suits your needs, or speak with an agent about subscribing to similar homes. At MoveMeTo.com, we make finding homes for sale in Toronto convenient.

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