6 Lapp Street

Toronto, ON M6N 3W6 ( Rockcliffe-Smythe)

Quick Facts

Type: Detached

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 3,182 ( 2025)

Updated: 2026-01-14 16:23:53

Description

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!

Extras

Detached

Property

Status: For Sale

MLS #: W12483823

Price: $ 1,599,000

Address: 6 Lapp Street

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 3,182

Tax Year: 2025

Lot Size:

Neighbourhood: Rockcliffe-Smythe

Nearest Intersection: Keele & St Clair Ave W

City: Toronto

Postal Code: M6N 3W6

DOM: 63 Days

Last Update: 2026-01-14 16:23:53

Building

Interior

Bedrooms: 7

Bathrooms: 5

Rooms: 0

Kitchens: 3

Family Room:

Fireplace:

Basement: Apartment,

Central Vacuum:

Exterior

Exterior: Stucco (Plaster),

Driveway:

Garage: Lane

Garage Spaces:

Parking Spaces: 2.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Other

Air Conditioning: Wall Unit(s)

Water:

Sewers:

Features

Rooms