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$1,599,000
Available - For Sale
Listing ID: W12483823
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!
Price $1,599,000
Taxes: $3,182.25
Assessment Year: 2025
Occupancy by: Tenant
Address: 6 Lapp Street , Toronto, M6N 3W6, Toronto
Directions/Cross Streets: Keele & St Clair Ave W
Rooms: 10
Rooms +: 3
Bedrooms: 6
Bedrooms +: 1
Washrooms: 5
Family Room: F
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Second Great Roo 15.58 14.10 Hardwood Floor, Open Concept, Pot Lights
Room 2: Second Kitchen 15.58 14.10 Hardwood Floor, Combined w/Great Rm, Renovated
Room 3: Second Primary B 11.71 10.63 Hardwood Floor, 2 Pc Ensuite, Closet
Room 4: Second Bedroom 2 15.38 9.02 Hardwood Floor, Large Window, Closet
Room 5: Second Bedroom 3 10.99 10.00 Hardwood Floor, Closet, Window
Room 6: Main Great Roo 17.97 16.01 Hardwood Floor, Open Concept, Pot Lights
Room 7: Main Kitchen 17.97 16.01 Hardwood Floor, Stainless Steel Appl, Renovated
Room 8: Main Primary B 12.00 10.20 Hardwood Floor, 2 Pc Ensuite
Room 9: Main Bedroom 2 14.01 8.99 Hardwood Floor, Closet, Window
Room 10: Main Bedroom 3 10.00 7.81 Hardwood Floor, Closet, Window
Room 11: Basement Living Ro 7.71 8.20 Tile Floor, Pot Lights, Open Concept
Room 12: Basement Kitchen 13.81 8.86 Breakfast Bar, Tile Floor, Renovated
Room 13: Basement Bedroom 10.00 9.02 Large Window, Tile Floor, Pot Lights
No. of Pieces Level
Washroom 1:  4 Second
Washroom 2:  2 Second
Washroom 3:  4 Main
Washroom 4:  2 Main
Washroom 5:  3 Basement
Washroom 6:  4 Second
Washroom 7:  2 Second
Washroom 8:  4 Main
Washroom 9:  2 Main
Washroom 10:  3 Basement
Washroom 11:  4 Second
Washroom 12:  2 Second
Washroom 13:  4 Main
Washroom 14:  2 Main
Washroom 15:  3 Basement
Washroom 16:  4 Second
Washroom 17:  2 Second
Washroom 18:  4 Main
Washroom 19:  2 Main
Washroom 20:  3 Basement
Washroom 21:  4 Second
Washroom 22:  2 Second
Washroom 23:  4 Main
Washroom 24:  2 Main
Washroom 25:  3 Basement
Washroom 26:  4 Second
Washroom 27:  2 Second
Washroom 28:  4 Main
Washroom 29:  2 Main
Washroom 30:  3 Basement
Washroom 31:  4 Second
Washroom 32:  2 Second
Washroom 33:  4 Main
Washroom 34:  2 Main
Washroom 35:  3 Basement
Property Type: Detached
Style: 2-Storey
Exterior: Stucco (Plaster)
Garage Type: Detached
(Parking/)Drive: Lane
Drive Parking Spaces: 0
Park #1
Parking Type: Lane
Park #2
Parking Type: Lane
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Wall Unit(s
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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EXP REALTY

6 Lapp Street , Toronto, M6N 3W6, Toronto

Personal Picture
MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Detached
Area: Toronto
Municipality: Toronto W03
Neighbourhood: Rockcliffe-Smythe
Style: 2-Storey
Lot Size: x 120.00(Feet)
Approximate Age:
Tax: $3,182.25
Maintenance Fee: $0
Beds: 6+1
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
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Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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