28 Lappin Avenue, Toronto, Ontario M6H 1Y4

Listed for:
$1,299,900
8 beds
4 baths
Listed 4 days ago
House for rent: 28 Lappin Avenue, Toronto, Ontario M6H 1Y4

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About

Cross Streets: Dufferin St S Of Dupont. ** Directions: GPS. 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! (id:27476)

Property Highlights

MLS® Number
W14168596
Type
Single Family
Community Name
Dovercourt-Wallace Emerson-Junction
Ownership Type
Freehold
Land Size
18 x 118 FT
Parking Space Total
2

Building

Building Type
House
Storeys
3.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
4
Bedrooms Above Ground
6
Bedrooms Total
8
Amenities
Separate Electricity Meters
Exterior Finish
Brick
Fireplace Present
Yes
Basement Type
N/A, N/A (Finished)
Basement Features
Apartment in basement, Walk out
Building Heating Type
Baseboard heaters, Heat Pump
Heating Fuel
Electric
Building Cooling Type
Wall unit

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Second level
4.3 m x 3.75 m
Kitchen
Second level
3.4 m x 3.1 m
Bedroom
Second level
4.1 m x 4 m
Bedroom
Second level
4.2 m x 3.75 m
Living room
Third level
3.35 m x 2.89 m
Bedroom
Third level
3.01 m x 2.89 m
Bedroom
Third level
3.19 m x 3.06 m
Kitchen
Third level
3.35 m x 2.67 m
Kitchen
Ground level
5.28 m x 3.85 m
Living room
Ground level
3.7 m x 2.96 m
Bedroom
Ground level
3.48 m x 2.77 m
Bedroom
Ground level
3.62 m x 2.3 m

Location

Learn more about this property
Listing provided by:
REMAX YOUR COMMUNITY REALTY
MLS® number:
W14168596
Agent:
Robert Andrew Crisp
Phone:
(416) 588-8248
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

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Listing provided by: REMAX YOUR COMMUNITY REALTY
Learn more about this property
Listing provided by:
REMAX YOUR COMMUNITY REALTY
MLS® number:
W14168596
Agent:
Robert Andrew Crisp
Phone:
(416) 588-8248
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).