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    For Sale - 28 Lappin Avenue, Toronto, Ontario

    Est payment $6,242/mo
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    Time on Jump  1 days

    AI Summary *

    • Four self-contained units offer options for rental income, multi-generational living, or owner occupancy.
    • Nearly 3,000 square feet across four levels, with layouts ranging from one-bedroom plus den to two bedrooms.
    • Three units are vacant, giving flexibility to choose tenants or set rents.
    • Four separate hydro meters and two laneway parking spaces add practical convenience.
    • Near transit, parks, community amenities, and Geary Avenue restaurants and cafes.




    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!
    Listing IDW14168596
    Address28 Lappin Avenue
    CityToronto, Ontario
    Price$1,299,900
    Bed / Bath8 / 4 Full
    Style3-Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Separate Hydro MeterOwnership FreeholdBasement Apartment, Finished with Walk-OutFoundation Stone, Brick, Concrete BlockHeating / Cooling BaseboardHeating Fuel ElectricSewer Sewer

    Parking 2.00
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    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    28 Lappin Avenue
    Toronto , Ontario
    8 4 $1,299,900
    Get more info