28 Lappin Avenue

FOR SALE
$1,299,900
28 Lappin Avenue, Toronto
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
28 Lappin Avenue
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6 + 2
BEDROOMS
4
BATHROOMS
4
KITCHENS
12 + 4
ROOMS
W14168596
MLSID
Contact Us
Property Description
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!
Sold History
List Date Sold Date Days Listed List Price Sold Price
2015-08-15 2015-08-25 10 $975,000 $975,000
2011-08-10 2011-08-29 19 $589,900 $562,500
Nearby Intersections
Property Features
Separate Hydro Meter, Lane
Property Details
Address
28 Lappin Avenue
Postal Code
M6H 1Y4
Property Type
Detached, Detached
Lot Size
18' x 118'
Taxes
$5,890 (2025
Basement
Apartment, Finished with Walk-Out
Heat Type
Baseboard
Heat Source
Electric
Water
Municipal
Parking Spaces
2
Garage Type
None
Listing contracted with Remax Your Community Realty
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