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Multiplex

6 Lapp Street

Rockcliffe-Smythe · York, M6N 3W6

$1,499,000

Beds
6+1
Baths
5
Size
1,500-2,000 ft²
Type
Multiplex
Listed
64 days
MLS®
W13706704

About this home

Investor Alert! Opportunity Knocks for End Users as well on this completely Gutted, Restored w/Addition & Recently Renovated Duplex w/a Basement Apt. Main & Upper Large 3 Bedroom Units Currently Leased at $3,300/mo & $3,000/month Respectively. Basement Suite $1,400/mo. Garage space $225/mo. Gross Annual Income $95k approx 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 2 Years 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!

Property details

MLS® number
W13706704
Property type
Duplex
Style
2-Storey
Bedrooms
6+1
Bathrooms
5
Kitchens
3
Interior size
1,500-2,000 ft²
Lot
25 × 120 ft
Basement
Apartment
Heating
Forced Air, Electric
Cooling
Wall Unit(s)
Parking
2 total, garage: detached
Exterior
Stucco (Plaster)
Property taxes
$6,221 (2026)
Possession
TBD
Cross street
Keele St & St Clair Ave West
Community
Rockcliffe-Smythe
City
York

Rooms

  • Great Room

    15' 7" × 14' 1"

    Second

    Hardwood Floor, Open Concept, Pot Lights

  • Kitchen

    15' 7" × 14' 1"

    Second

    Hardwood Floor, Modern Kitchen, Granite Counters

  • Primary Bedroom

    11' 9" × 10' 8"

    Second

    2 Pc Ensuite, Hardwood Floor, Pot Lights

  • Bedroom 2

    15' 5" × 9'

    Second

    Hardwood Floor, Closet, Large Window

  • Bedroom 3

    11' × 10'

    Second

    Hardwood Floor, Closet, Window

  • Great Room

    18' × 16'

    Main

    Hardwood Floor, Open Concept, Pot Lights

  • Kitchen

    18' × 16'

    Main

    Hardwood Floor, Modern Kitchen, Stainless Steel Appl

  • Primary Bedroom

    12' × 10' 2"

    Main

    Hardwood Floor, 2 Pc Ensuite, Large Window

  • Bedroom 2

    14' × 9'

    Main

    Hardwood Floor, Closet, Large Window

  • Bedroom 3

    10' × 9' 2"

    Main

    Hardwood Floor, Closet, Pot Lights

  • Kitchen

    13' 10" × 9' 2"

    Basement

    Breakfast Bar, Ceramic Floor, Modern Kitchen

  • Bedroom

    10' × 9'

    Basement

    Large Window, Pot Lights, Ceramic Floor

  • Den

    8' 2" × 8' 2"

    Basement

    Open Concept, Combined w/Kitchen, Pot Lights

Room measurements are provided by the listing brokerage, converted from metres. They are deemed reliable but not guaranteed; verify before relying on them.

Location

Rockcliffe-Smythe · York, near Keele St & St Clair Ave West

6 Lapp Street, York

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$6,637per month

$299,800 down · 4.5% · 25 years

Down payment

%
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An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

York

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