28 Lappin Avenue Toronto, Ontario M6H 1Y4
$1,299,900
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:24801)
Property Details
| MLS® Number | W14168596 |
| Property Type | Single Family |
| Community Name | Dovercourt-Wallace Emerson-Junction |
| Features | Lane |
| Parking Space Total | 2 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 8 |
| Age | 100+ Years |
| Amenities | Separate Electricity Meters |
| Appliances | Water Heater, Stove, Window Coverings, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk Out |
| Basement Type | N/a, N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Foundation Type | Stone, Brick, Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Heat Pump |
| Stories Total | 3 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 118 Ft |
| Size Frontage | 18 Ft |
| Size Irregular | 18 X 118 Ft |
| Size Total Text | 18 X 118 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 4.3 m | 3.75 m | 4.3 m x 3.75 m |
| Second Level | Kitchen | 3.4 m | 3.1 m | 3.4 m x 3.1 m |
| Second Level | Bedroom | 4.1 m | 4 m | 4.1 m x 4 m |
| Second Level | Bedroom | 4.2 m | 3.75 m | 4.2 m x 3.75 m |
| Third Level | Living Room | 3.35 m | 2.89 m | 3.35 m x 2.89 m |
| Third Level | Bedroom | 3.01 m | 2.89 m | 3.01 m x 2.89 m |
| Third Level | Bedroom | 3.19 m | 3.06 m | 3.19 m x 3.06 m |
| Third Level | Kitchen | 3.35 m | 2.67 m | 3.35 m x 2.67 m |
| Ground Level | Kitchen | 5.28 m | 3.85 m | 5.28 m x 3.85 m |
| Ground Level | Living Room | 3.7 m | 2.96 m | 3.7 m x 2.96 m |
| Ground Level | Bedroom | 3.48 m | 2.77 m | 3.48 m x 2.77 m |
| Ground Level | Bedroom | 3.62 m | 2.3 m | 3.62 m x 2.3 m |
Contact Us
Contact us for more information
Robert Andrew Crisp
Salesperson
www.robertcrisp.com/
311 Roncesvalles Avenue
Toronto, Ontario M6R 2M6
(416) 588-8248
(416) 588-1877
remaxconnectrealty.com/
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November 10 2026 10:34:30
Toronto Regional Real Estate Board
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