For sale 50$1,499,000
6 Lapp Street
Rockcliffe-Smythe, Toronto, Ontario M6N3W6
For sale· Added
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 room | Second level | 4.75 x 4.3 m |
| Kitchen | Basement | 4.21 x 2.8 m |
| Bedroom | Basement | 3.05 x 2.75 m |
| Den | Basement | 2.5 x 2.5 m |
| Kitchen | Second level | 4.75 x 4.3 m |
| Primary Bedroom | Second level | 3.57 x 3.24 m |
| Bedroom 2 | Second level | 4.69 x 2.75 m |
| Bedroom 3 | Second level | 3.35 x 3.05 m |
| Great room | Main level | 5.48 x 4.88 m |
| Kitchen | Main level | 5.48 x 4.88 m |
| Primary Bedroom | Main level | 3.66 x 3.11 m |
| Bedroom 2 | Main level | 4.27 x 2.74 m |
| Bedroom 3 | Main level | 3.05 x 2.8 m |
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