For saleMLS® W14168596

28 Lappin Avenue, Toronto, ON M6H 1Y4

Dovercourt-Wallace Emerson-Junction, Toronto · Near Dufferin St S Of Dupont · View map

$1,299,900
6+2Beds
4Baths
2000–2500Sq ft
Detached homeType
2 totalParking
Apartment, Finished with Walk-OutBasement
$5,890/yrTaxes
$1,299,900
FreeholdNo monthly condo fee
Parking for 2Comes with the home
Finished basementWith a walk-out
Lot 18 x 118 ftThe land comes with the home
FireplaceCozy winters

About this home

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!

The home

Type
Detached home
Style
3-Storey
Square footage
2000-2500 sq ft
Bedrooms
6
Basement bedrooms
2
Bathrooms
4
Kitchens
4
Rooms
12
Basement
Apartment, Finished with Walk-Out
Lot size
18 x 118 ft
Faces
North
Approximate age
100+ years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick

Heating & cooling

Heating fuel
Electric
Heating type
Baseboard
Air conditioning
Wall Unit(s)
Fireplace
Yes

Garage & parking

Driveway spaces
2
Total parking
2
Parking features
Lane

Taxes & other

Property taxes
$5,890/yr
Tax year
2025
Occupancy
Partial
Possession
Immediate
Cross street
Dufferin St S Of Dupont
Neighbourhood
Dovercourt-Wallace Emerson-Junction

More

Price per sq ft
~$578 (at 2,250 sq ft)
MLS® number
W14168596

The home and its surroundings

  • Separate Hydro Meter
Want to know something that isn’t listed?
Estimated monthly cost$5,734per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    28 Lappin Avenue, Toronto, ON M6H 1Y4

    Dovercourt-Wallace Emerson-Junction, Toronto · Near Dufferin St S Of Dupont

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    Sold history

    Listing history for 28 Lappin Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 28 Lappin Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 28 Lappin Avenue listed for, and what would it cost each month?

    28 Lappin Avenue is listed for $1,299,900. With 20% down ($259,980), the mortgage payment would be roughly $5,243 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,734 a month, all in. That figure is an illustration, not a quote.

    Is 28 Lappin Avenue freehold or a condo, and is there a monthly fee?

    28 Lappin Avenue is a detached home in Dovercourt-Wallace Emerson-Junction, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 28 Lappin Avenue have?

    28 Lappin Avenue has 6 bedrooms, plus 2 more bedrooms in the basement, and 4 bathrooms. The listing gives the style as 3-storey.

    Does 28 Lappin Avenue have a garage and parking?

    The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.

    Does 28 Lappin Avenue have a finished basement?

    The listing describes the basement as apartment, finished with walk-out. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 28 Lappin Avenue?

    28 Lappin Avenue is a detached home. A detached home stands on its own lot with no shared walls.

    How big is 28 Lappin Avenue, and what is the lot size?

    The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 18 x 118 ft.

    How is 28 Lappin Avenue heated and cooled?

    Heating is baseboard (electric). Cooling is wall unit(s).

    What are the property taxes for 28 Lappin Avenue?

    Property taxes are $5,890 a year (2025), or about $491 a month.

    Where is 28 Lappin Avenue?

    28 Lappin Avenue is in the Dovercourt-Wallace Emerson-Junction community of Toronto. The nearest main intersection is Dufferin St S Of Dupont. The postal code is M6H 1Y4.

    Is 28 Lappin Avenue still for sale?

    Yes. It is an active listing (MLS® W14168596). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 28 Lappin Avenue asking?

    Similar properties for sale nearby right now include 28 Lappin Avenue at $1,299,900 (8 bed), 1035 Dovercourt Road at $1,299,900 (5 bed) and 122 Emerson Avenue at $1,299,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 28 Lappin Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 28 Lappin Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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