3 FAMILY DWELLING - ***VACANT*** Prime investment near Dupont & Dufferin. - Rare opportunity to own three fully self-contained units in Toronto's vibrant and evolving west end. This flexible property is ideal for investors seeking multiple income streams ($7,000+ monthly) or families looking for adaptable, multi-generational living. Unique Highlight: A private backyard gate opens directly onto a park, providing instant access to green space, a coveted feature offering tenants and owners an unmatched outdoor escape. Perfectly positioned near the Galleria on the Park redevelopment, the neighborhood is undergoing rapid revitalization with new residential towers, retail and a state-of-the-art community center. Just a 10-minute walk to the subway, bus service at the corner, and a 15-minute walk to Dufferin Mall. Surrounded by schools, cafes, shops and everyday conveniences. Basement Apartment: Renovated, about 7-ft ceilings, private entrance. Main Floor Unit: Large eat-in kitchen with dishwasher, walkout to backyard, wood floors, bay window. 2nd & 3rd Floor Unit: Bright, two-story suite with wood floors, two decks (including a spacious top-floor terrace overlooking the park), 2 bathrooms, kitchen with dishwasher and breakfast nook, bay window and open concept office den on the third floor. Each unit features separate fuse box, a 4-piece bathroom and in-suite laundry, offering privacy, independence, and convenience. Excellent layout for live-and-rent or full rental. Whether you're expanding your portfolio or creating space for family under one roof, this home combines lifestyle, location, and long-term value. A rare chance to own in one of Torontos most promising growth corridors-book youre showing today!
Address
50 Lappin Avenue
List Price
$1,395,000
MLS® Status
New
Expiration Date
2025-10-28
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
3-Storey
Transaction Type
For Sale
Area
Toronto W02
Sub-Area
Dovercourt-Wallace Emerson-Junction
Region
Toronto
Bedrooms
3 + 1
Bedrooms (Total)
4
Rooms Above Grade
7
Rooms Below Grade
3
Bathrooms
4
Floor Area
1500 - 2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
127
Lot Size Units
Feet
Lot Width
17.83
Parcel Number
213130085
Occupant Type
Vacant
Cross Street
Dupont St & Dufferin St
MLS® Number
W12305285
Listing Brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.
Basement Area
Apartment, Separate Entrance
Postal Code
M6H 1Y4
Posession Details
TBA
Tax Amount
$4,957.00
Tax Year
2024
Accessibility Features
Hard/Low Nap Floors
Exterior Features
Patio, Deck, Porch
Interior Features
Carpet Free, Water Heater
Property Features
Fenced Yard, Park
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
None
Construction Materials
Brick
Direction Faces
North
Fireplace
No
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Other Structures
Gazebo, Fence - Full
Pool Features
None
Roof
Shingles
Tax Legal Description
Lot 19,Plan M88 Blk W Pt PCL 19-1-W SEC M88;PT LT 19 BLK W N/S LAPPIN AV PL M88 TORONTO;PT LT 20 BLK W N/S LAPPIN AV PL M88 TORONTO COMM AT A POINT IN THE N LIMIT OF LAPPIN AV DISTANT 2 INCHES WLY THEREON FROM THE LIMIT BTN THE SAID LOTS,THE SAID POINT BE
Security Features
Carbon Monoxide Detectors, Smoke Detector
Topography
Flat
View Type
Park/Greenbelt
Waterfront
No
Sewer
Sewer