Zoocasa Realty Inc., Brokerage

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28 Lappin Ave, Toronto, ON

Name: 28 Lappin Ave, For Sale in Toronto - Zoocasa
Brand: REMAX YOUR COMMUNITY REALTY
SKU: W14168596
Price: 1299900 CAD

House

For Sale

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842

MLS® W14168596

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size -

Garage Yes

Taxes $5,890

Days Active 1

Lot Size

Approx. Age

MLS® Number W14168596

Property Address: 28 Lappin Ave, Toronto, ON, M6H1Y4

Average square foot calculated using Size range provided by listing agent.

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! (id:58753)Show Description

MLS® NumberW14168596

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementFinished, Apartment in basement, Walk out, N/A

DrivewayNo Garage

Garage Spaces

HeatHeat Pump, Baseboard heaters, Electric

A/CWall unit

Extras

Rooms

Show Details

Bedroom 1:Third Floor2.89 × 3.01 ft

Kitchen:Second Floor3.1 × 3.4 ft

Bedroom 3:Main Floor2.77 × 3.48 ft

Living Room:Main Floor2.96 × 3.7 ft

Kitchen:Third Floor2.67 × 3.35 ft

Living Room:Third Floor2.89 × 3.35 ft

Living Room:Second Floor3.75 × 4.3 ft

Kitchen:Main Floor3.85 × 5.28 ft

Other:Second Floor3.75 × 4.2 ft

Bedroom 4:Main Floor2.3 × 3.62 ft

Bedroom 2:Third Floor3.06 × 3.19 ft

Bedroom 5:Second Floor4 × 4.1 ft

Map

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
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eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker
eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas Penny – Designated Broker
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