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$1,569,000.00
6 LAPP STREET, Toronto (Rockcliffe-Smythe), Ontario, M6N3W6, Canada Listing ID: W12899108| Bathrooms | Bedrooms | Property Type |
|---|---|---|
| 5 | 7 | Multi-family |
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:31565)
Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.Room Details
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second level | Great room | 4.75 m | 4.3 m | 4.75 m x 4.3 m |
| Second level | Kitchen | 4.75 m | 4.3 m | 4.75 m x 4.3 m |
| Second level | Primary Bedroom | 3.57 m | 3.24 m | 3.57 m x 3.24 m |
| Second level | Bedroom 2 | 4.69 m | 2.75 m | 4.69 m x 2.75 m |
| Second level | Bedroom 3 | 3.35 m | 3.05 m | 3.35 m x 3.05 m |
| Basement | Kitchen | 4.21 m | 2.7 m | 4.21 m x 2.7 m |
| Basement | Bedroom | 3.05 m | 2.75 m | 3.05 m x 2.75 m |
| Main level | Great room | 5.48 m | 4.88 m | 5.48 m x 4.88 m |
| Main level | Kitchen | 5.48 m | 4.88 m | 5.48 m x 4.88 m |
| Main level | Primary Bedroom | 3.66 m | 3.11 m | 3.66 m x 3.11 m |
| Main level | Bedroom 2 | 4.27 m | 2.74 m | 4.27 m x 2.74 m |
| Main level | Bedroom 3 | 3.05 m | 2.38 m | 3.05 m x 2.38 m |
Additional Information
| Amenity Near By | |
|---|---|
| Features | Lane, Carpet Free, Sump Pump |
| Maintenance Fee | |
| Maintenance Fee Payment Unit | |
| Management Company | |
| Ownership | |
| Parking |
|
| Transaction | For sale |
Building
| Bathroom Total | 5 |
|---|---|
| Bedrooms Total | 7 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 1 |
| Amenities | Separate Heating Controls, Separate Electricity Meters |
| Appliances | Water Heater, Dishwasher, Dryer, Garage door opener, Hood Fan, Microwave, Stove, Washer, Refrigerator |
| Basement Features | Apartment in basement |
| Basement Type | N/A |
| Construction Status | Insulation upgraded |
| Cooling Type | Wall unit |
| Exterior Finish | Stucco |
| Fireplace Present | |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Block |
| Half Bath Total | 2 |
| Heating Fuel | Electric |
| Heating Type | Forced air |
| Size Interior | 1500 - 2000 sqft |
| Stories Total | 2 |
| Type | Duplex |
| Utility Water | Municipal water |
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Toronto Real Estate Board
EXP REALTY
29490593
Thu, 19 Mar 2026 14:57:55 GMT
