28 Lappin Avenue

Toronto, ON M6H 1Y4 ( Dovercourt-Wallace Emerson-Junction)

Quick Facts

Type: Detached

Style: 3-Storey

Size: Sq Ft

Age: Years

Taxes: $ 5,890 ( 2025)

Updated: 2026-11-10 21:50:39

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!

Extras

Detached

Property

Status: For Sale

MLS #: W14168596

Price: $ 1,299,900

Address: 28 Lappin Avenue

Type:

Style: 3-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 5,890

Tax Year: 2025

Lot Size:

Neighbourhood: Dovercourt-Wallace Emerson-Junction

Nearest Intersection: Dufferin St S Of Dupont

City: Toronto

Postal Code: M6H 1Y4

DOM: 2 Days

Last Update: 2026-11-10 21:50:39

 

Building

Interior

Bedrooms: 8

Bathrooms: 4

Rooms: 16

Kitchens: 4

Family Room:

Fireplace:

Basement: Apartment Finished with Walk-Out,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage: Lane

Garage Spaces:

Parking Spaces: 2.00

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Baseboard

Heat Source: Electric

Air Conditioning: Other Wall Unit(s)

Water:

Sewers:

 

Features

 

Rooms