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6 Lapp Street
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For Sale
6 Lapp Street
Rockcliffe-Smythe, Toronto M6N3W6
$1,549,000
MLS® W12899108
Bedrooms
7
Bathrooms
5
Parking
2
Interior
1500 - 2000 sqft
Lot size
25 ft×120 ft ft
Type
Multi-family
Duplex
About this property
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!
Features & highlights
Lane
Carpet Free
Sump Pump
Property details
Basement N/A
Heating Forced air, Electric
Cooling Wall unit
Exterior Stucco
Lot dimensions 25 ft × 120 ft ft
Parking 2
Sewer Sanitary sewer
Water Municipal water
Listed Mar 19, 2026
Days on market 44 days
Listing brokerage Exp Realty
MLS® W12899108
$1,549,000
6 Lapp Street
Rockcliffe-Smythe, Toronto
MLS® W12899108 · For Sale
FC
Frank Caetano
Exp Realty
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$1,549,000
6 Lapp Street
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6 Lapp Street
$1,549,000 · Rockcliffe-Smythe, Toronto
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