$1,569,000
FOR SALE

Duplex

Bedrooms: 6+1Bathrooms: 5Lot: 25 x 120 ft

6 Lapp Street
Toronto (Rockcliffe-Smythe), ON M6N 3W6

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! (id:47421)
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Listed By EXP REALTY
Data Provided By The Oakville, Milton & District Real Estate Board
MLS® Listing Number W12899108
Last Updated Mar 19, 2026
Property Summary
Property Type Duplex

More like this:
Community Rockcliffe-Smythe
Price History

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Detailed Information
Bedrooms 6+1
Bathrooms 5
Lot 25 x 120 ft
Features Lane, Carpet Free, Sump Pump
Listing Contract Date 2026-03-19
Location Description Cross Streets: Keele & St Clair Ave West. ** Directions: St Clair to Keele St North to McCormack to Lapp.
# of Parking Spaces 2
Property Type Multi-family
Transaction Type For sale
Building
Amenities Separate Heating Controls, Separate Electricity Meters
Appliances Water Heater, Dishwasher, Dryer, Garage door opener, Hood Fan, Microwave, Stove, Washer, Refrigerator
Basement Features Apartment in basement
Basement Type N/A
Construction Status Insulation upgraded
Cooling Type Wall unit
Exterior Finish Stucco
Flooring Type Hardwood, Tile
Foundation Type Block
# of Half Bathrooms 2
Heating Fuel Electric
Heating Type Forced air
Stories Total 2
Type Duplex
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
Great roomSecond level4.75 m x 4.3 m
KitchenSecond level4.75 m x 4.3 m
Primary BedroomSecond level3.57 m x 3.24 m
Bedroom 2Second level4.69 m x 2.75 m
Bedroom 3Second level3.35 m x 3.05 m
KitchenBasement4.21 m x 2.7 m
BedroomBasement3.05 m x 2.75 m
Great roomMain level5.48 m x 4.88 m
KitchenMain level5.48 m x 4.88 m
Primary BedroomMain level3.66 m x 3.11 m
Bedroom 2Main level4.27 m x 2.74 m
Bedroom 3Main level3.05 m x 2.38 m
Parking Spaces
Name Spaces
Detached Garage
Garage
Land
Total Size 25 x 120 FT
Sewer Sanitary sewer
Size of Irregular Land 25 x 120 FT

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