Key Facts
- MLS® #: W12899108
- Property ID: SIRC3192113
- Property Type: Residential, Duplex
- Lot Size¹: 3,000 sq.ft.
- Bedrooms: 6+1
- Bathrooms: 5
- Parking Spaces: 2
- Listed By:
- EXP REALTY
Property Description
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!
Rooms
- TypeLevelDimensionsFlooring
- Great Room2nd floor14' 1.2" x 15' 7"Other
- Kitchen2nd floor14' 1.2" x 15' 7"Other
- Hardwood2nd floor10' 7.5" x 11' 8.5"Other
- Bedroom2nd floor9' 2.6" x 15' 4.6"Other
- Bedroom2nd floor10' 7.8" x 10' 11.8"Other
- Great RoomMain16' 1.2" x 17' 11.7"Other
- KitchenMain16' 1.2" x 17' 11.7"Other
- HardwoodMain10' 2.4" x 12' 9.4"Other
- BedroomMain8' 11.8" x 14' 11"Other
- BedroomMain7' 9.7" x 10' 7.8"Other
- KitchenBasement8' 10.2" x 13' 9.7"Other
- BedroomBasement9' 2.6" x 10' 7.8"Other
Listing Agents
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Location
6 Lapp St, Toronto, Ontario, M6N 3W6 Canada
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- Principal and Interest 0
- Property Taxes 0
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