© 2026 HomeSix Realty Inc. All rights reserved.
Detached for Sale
Junction-Wallace Emerson, Toronto, ON
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!
Inclusions
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.
Exclusions
None
Broker
REMAX YOUR COMMUNITY REALTY
Neighbourhood
Junction-Wallace Emerson
Own a home here? See what it could sell for.
Use this listing address as a starting point for a Home6 seller valuation.
Detached
28 Lappin Avenue Toronto
Junction-Wallace Emerson
Built
100+
Type
Detached
Basement
Apartment, Finished with Walk-Out
Parking
None (2)
Property Tax
~$5,890/yr
Heating
Baseboard
Buying Essentials
Square Feet
2250 sqft
Facing Direction
North
Parking
None (2)
Finances
List Price
$1,299,900
Price per SQFT
$578/sqft
Property Tax
~$5,890/yr
Property Specs
Property Type
Detached
MLS Size
2250 sqft
Age of Building
100+
Basement
Apartment, Finished with Walk-Out
Living & Amenities
Heating Type
Baseboard
Features
Separate Hydro Meter
Policies & Utilities
Neighbourhood
Junction-Wallace Emerson
Listed On
Nov 10, 2026
Days on Market
Current: 2 days
17.3 x 12.6
219 sqft
12.1 x 9.7
118 sqft
11.4 x 9.1
104 sqft
11.9 x 7.5
90 sqft
14.1 x 12.3
174 sqft
11.2 x 10.2
113 sqft
13.5 x 13.1
177 sqft
13.8 x 12.3
170 sqft
11.0 x 8.8
96 sqft
11.0 x 9.5
104 sqft
9.9 x 9.5
94 sqft
10.5 x 10.0
105 sqft
Rooms
12
Listed Room Area
1,564 sqft
Source
Estimated from MLS room dimensions
Learn about the area and demographics around this address.
Schools closest to 28 Lappin Avenue Toronto.
Source: No verified source available.Catchment boundaries and ratings are shown only when available.
Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.
Recent sold or leased properties are shown separately from active alternatives.
Close to 28 Lappin Avenue Toronto.