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Sherif Nathoo

sherif@thesnteam.com +1(416) 274-1513

$ 1,299,900

Est. payment -/mo

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28 Lappin AVE Toronto, ON M6H 1Y4

6 Beds

4 Baths

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto W02

Subdivision Dovercourt-Wallace Emerson-Junction

MLS Listing ID W14168596

Style 3-Storey

Bedrooms 6

Annual Tax Amount $5,889

Tax Year 2025

Property Sub-Type Detached

Property Description

The Best Things Happen on Lappin! An exceptional opportunity in the heart of Wallace Emerson! This impressive three-storey Fourplex offers nearly 3,000 sq. ft. of total living space across four levels, featuring four self-contained residential units and an abundance of possibilities for investors, end-users and multi-generational families alike. Recently generating a 6.3% Cap Rate with $93,480 in annual gross rental income, demonstrating the property's impressive income-producing potential. Thoughtfully configured with a spacious two-bedroom main-floor suite, a two-bedroom second-floor suite, a one-bedroom plus den third-floor suite and a two-bedroom lower-level suite. Each unit offers its own distinct living space and outdoor area, while four separate hydro meters provide added convenience and flexibility for ownership and rental management. The property is well maintained and offers an increasingly rare opportunity with three of the four units currently vacant. Set your own rents, select your own tenants, occupy one unit while generating income from the others, or explore the potential to reconfigure the existing layout to create a larger personal living space. The possibilities are numerous! Additional highlights include a newer roof(2025), two desirable laneway parking spaces and potential future laneway suite opportunities. The property backs directly onto the exciting new Galleria development, with planned green space and an abundance of new community amenities right at your doorstep. An outstanding location just minutes to the Bloor subway, UP Express, Wallace Emerson Community Centre and the ever-popular Geary Avenue, known for its vibrant collection of restaurants, cafes, breweries and creative spaces. Enjoy convenient access to transit, parks, shopping and everything this evolving west-end neighbourhood has to offer. Four units. Multiple opportunities. One exceptional address. Don't miss your chance to make something special happen on Lappin!

Location

Province ON

County Toronto

Community Toronto W02

Area Toronto

Rooms

Family Room No

Basement Apartment, Finished with Walk-Out

Kitchen 4

Separate Den/Office 2

Interior

Interior Features Separate Hydro Meter

Heating Yes

Cooling Other, Wall Unit(s)

Fireplace Yes

Heat Source Electric

Exterior

Parking Features Lane

Pool None

Roof Type Asphalt Shingle,Asphalt Rolled

Lot Frontage 18.0

Lot Depth 118.0

Total Parking Spaces 2

Building

Building Age 100+

Foundation Stone, Brick, Concrete Block

Others

ParcelsYN No

Virtual Tour https://www.elitepropertiestoronto.com/28-lappin-avenue

Listed by REMAX YOUR COMMUNITY REALTY

NEARBY SCHOOL & BUSINESS

Sherif Nathoo

+1(416) 274-1513

Sherif Nathoo

28 Lappin AVE Toronto, ON M6H 1Y4

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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28 Lappin AVE