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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Marissa Tamari

Marissa Tamari

+1(647) 236-1767
$ 1,529,000
Est. payment /mo
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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 W13207998

Style 2-Storey

Bedrooms 7

Annual Tax Amount $6,221

Tax Year 2026

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

Basement Apartment

Kitchen 3

Interior

Interior Features Carpet Free

Cooling Wall Unit(s)

Inclusions All Existing Stainless Steel Appliances: UPPER (Stainless Steel Fridge: Stove, Built-InDishwasher, Builtin Microwave. White Stacked Washer/Dryer), MAIN (Stainless Steel: Fridge, Stove, Built-In Dishwasher, Builtin Microwave/Hoodfan. White Stacked Washer/Dryer), BASEMENT(Stainless Steel Fridge, Stove. White Stacked Washer/Dryer), All High Efficient Heating/Cooling Units/Systems w/remotes, 3 Hot Water Tanks, Auto Garage Door Opener Plus Remotes, All ELFS, Pot Lights.

Exterior

Parking Features Detached

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 2

Building

Foundation Concrete Block

Lited by OAK AND KEY REAL ESTATE BROKERAGE, INC.
Marissa Tamari

Marissa Tamari

Agent

+1(647) 236-1767

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6 Lapp ST