6 Lapp ST, Toronto W03, ON M6N 3W6
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6 Lapp ST, Toronto W03, ON M6N 3W6
6 Lapp ST, Toronto W03, ON M6N 3W6
6 Lapp ST, Toronto W03, ON M6N 3W6
6 Lapp ST, Toronto W03, ON M6N 3W6
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Barry Wang

Barry Wang

+1(902) 316-0805
$ 1,569,000
Est. payment /mo
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Active

6 Lapp ST Toronto W03, ON M6N 3W6

7 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto W03

Subdivision Rockcliffe-Smythe

MLS Listing ID W12899108

Style 2-Storey

Bedrooms 7

Annual Tax Amount $3,182

Tax Year 2025

Property Sub-Type Duplex

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!

Location

Province ON

County Toronto

Community Toronto W03

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Carpet Free, Separate Heating Controls, Separate Hydro Meter, Sump Pump, Upgraded Insulation, Water Heater Owned

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Lane

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 25.0

Lot Depth 120.0

Total Parking Spaces 2

Building

Foundation Concrete Block

Others

ParcelsYN No

Listed by EXP REALTY
Barry Wang

Barry Wang

Agent

+1(902) 316-0805

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6 Lapp ST