6 LAPP STREET, Toronto (Rockcliffe-Smythe), Ontario, M6N3W6
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:2471)
McConkey Real Estate Corp. Brokerage
- 705-745-4321
- 705-745-4324
- john@mcconkeyrealestate.com
- Property Address: 6 LAPP STREET, Toronto (Rockcliffe-Smythe), Ontario, M6N3W6
- Community Name: Rockcliffe-Smythe
- Property Type: Single Family
- Title: Freehold
- Lot Size: 25 x 120 FT
- Acreage: 25 x 120 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: Detached Garage, Garage
- Total Parking Spaces: 2
- Maintenance Fee: 0.00
- Structure Style: House
- Style: Detached
- Storeys: 2
- Floor Space: 1500 - 2000 sqft
- Bedrooms: 6 + 1
- Bathrooms: 5-Total 2-Partial
- Basement Type: N/A
- Heating Type: Other, Forced air
- Cooling: Wall unit
- Exterior Type: Stucco
- Flooring: Hardwood, Tile
- Foundation Type: Concrete
- Appliances Included: Garage door opener remote(s), Dishwasher, Dryer, Garage door opener, Hood Fan, Water Heater, Microwave, Stove, Washer, Refrigerator
- Lane
- Carpet Free
- Sump Pump
| Type | Level | Dimensions |
|---|---|---|
| Great room | Second level | 4.75 m x 4.3 m |
| Kitchen | Second level | 4.75 m x 4.3 m |
| Primary Bedroom | Second level | 3.57 m x 3.24 m |
| Bedroom 2 | Second level | 4.69 m x 2.75 m |
| Bedroom 3 | Second level | 3.35 m x 3.05 m |
| Living room | Basement | 2.35 m x 2.5 m |
| Kitchen | Basement | 4.21 m x 2.7 m |
| Bedroom | Basement | 3.05 m x 2.75 m |
| Great room | Main level | 5.48 m x 4.88 m |
| Kitchen | Main level | 5.48 m x 4.88 m |
| Primary Bedroom | Main level | 3.66 m x 3.11 m |
| Bedroom 2 | Main level | 4.27 m x 2.74 m |
| Bedroom 3 | Main level | 3.05 m x 2.38 m |
Listing Office: EXP REALTY
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