Scout N Secure

$1,499,000

Map

6 Lapp Street

Rockcliffe-Smythe, Toronto, Ontario M6N3W6

For sale· Added

6+1 bed5 bath1,500–2,000 sqft

About this home

Investor Alert! Opportunity Knocks for End Users as well on this completely Gutted, Restored w/Addition & Recently Renovated Duplex w/a Basement Apt. Main & Upper Large 3 Bedroom Units Currently Leased at $3,300/mo & $3,000/month Respectively. Basement Suite $1,400/mo. Garage space $225/mo. Gross Annual Income $95k approx 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 2 Years 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

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Property details

Listing

MLS® number
W13706704
Added
Aug 24, 2026 ()
Updated
Aug 24, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Duplex
Storeys
2

Inside

Bedrooms
6+1
Bathrooms
5
Half baths
2
Heating
Forced air, Electric
Cooling
Wall unit
Fireplace
No
Flooring
Hardwood, Ceramic
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Garage door opener, Garage door opener remote(s), Water Heater
Features
Lane, Carpet Free, Sump Pump

Building

Basement
Apartment in basement
Exterior
Stucco
Foundation
Block
Parking
Detached Garage, Garage · 2 spaces
Amenities
Separate Electricity Meters, Separate Heating Controls

Land

Lot size
25 x 120 ft

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Keele St & St Clair Ave West
Directions
St Clair Ave W to Keele north to MacCormack to Lapp St.

Running costs

Annual property tax (2025)
$6,221

Rooms

Great roomSecond level4.75 x 4.3 m
KitchenBasement4.21 x 2.8 m
BedroomBasement3.05 x 2.75 m
DenBasement2.5 x 2.5 m
KitchenSecond level4.75 x 4.3 m
Primary BedroomSecond level3.57 x 3.24 m
Bedroom 2Second level4.69 x 2.75 m
Bedroom 3Second level3.35 x 3.05 m
Great roomMain level5.48 x 4.88 m
KitchenMain level5.48 x 4.88 m
Primary BedroomMain level3.66 x 3.11 m
Bedroom 2Main level4.27 x 2.74 m
Bedroom 3Main level3.05 x 2.8 m

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$1,499,000
6 Lapp Street
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