Kitchen (3.85 × 5.28)
Level: Ground
28 Lappin Ave
Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6H 1Y4
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!
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- W14168596
- Board
- TRREB MLS®
- Days on market
- Tax
- $5,890
- Size
- 2000-2500 sqft
- Lot
- 18 × 118 Feet
- Parking
- None, 2 Parking
Listing History
Buy/Sell history for 28 Lappin Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $1,299,900 | N/A | For Sale | W14168596 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Detached
- Style
- 3-Storey
- Community
- Dovercourt-Wallace Emerson-Junction
- Municipality
- Toronto
Inside
- Bedrooms
- 6+2
- Bathrooms
- 4
- Bathroom Detail
- 1, 4pc, Ground
- Bathroom Detail
- 1, 4pc, 2nd
- Bathroom Detail
- 1, 4pc, 3rd
- Bathroom Detail
- 1, 4pc, Bsmt
- Basement Type
- Apartment
- Kitchens
- 4
Utilities
- Water
- Municipal
- Cooling
- Other, Wall Unit
- Heating Type
- Baseboard
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Parking
- Driveway
- Lane
- Garage Type
- None
- Add. Parking
- 2
- Total Parking
- 2
Land
- Sewer
- Sewers
- Lot Size
- 18 × 118 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 100+
- Foundation
- Stone, Brick, Concrete Block
- Roof
- Asphalt Shingle, Asphalt Rolled
- Fireplace
- Y
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- 4 Fridges, 4 Stoves. Electrical Lighting Fixtures, 4 Hot Water Tanks (New in 2025/2026), 400 Amps of Power with 4 Hydro Meters. 1 Ductless Mini Split Window Coverings. Rear-yard Studio Space or Storage Space. Sump Pump in basement.
Rooms (12)
Living (2.96 × 3.7)
Level: Ground
Br (2.77 × 3.48)
Level: Ground
Br (2.3 × 3.62)
Level: Ground
Living (3.75 × 4.3)
Level: 2nd
Kitchen (3.1 × 3.4)
Level: 2nd
Br (4.0 × 4.1)
Level: 2nd
Br (3.75 × 4.2)
Level: 2nd
Kitchen (2.67 × 3.35)
Level: 3rd
Living (2.89 × 3.35)
Level: 3rd
Br (2.89 × 3.01)
Level: 3rd
Br (3.06 × 3.19)
Level: 3rd
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
18 records read 11 on record nearby 7 no record found in the source searchedMatched 2026-11-11
Water and conservation
- Not in Toronto and Region Conservation Authority’s mapped regulated areaChecked at the listing’s mapped point, not across the whole lot.
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m35 test or monitoring holes also recorded.
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.
- 52 building permits issued within 250 m in the last 2 years
- 7 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.
- Nearest airport: 5.1 km
- Mapped parcel: about 2,180 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
Province of Ontario open data · Municipal building permits · Municipal development applications · City of Toronto property boundaries
Around the home
- Nearest rail line: 280 m
- A trail or path within 1 km
- At least 8 licensed child care centres within 1 kmFrom Ontario’s list of licensed child care centres. It does not show available spaces, fees or waiting lists.
Province of Ontario open data · Provincial and municipal trail maps
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 2 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is John E. Goudey Mfg Limited, 440 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Toronto Hydro-Electric System Limited
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$5,959
- Down payment$259,980
- Mortgage amount$1,039,920
- Total interest$747,780
- Total cost$2,047,680
Cash flow analysis
$5,959
Total monthly payment
$6,450
Break-even down payment
100%
Cash flow-$6,450
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$1,299,900
$1,299,900
CAD
Estimated market value
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