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50 Lappin Avenue, Dovercourt-Wallace Emerson-Junction M6H 1Y4

Price

$1,395,000

Bedrooms

3 Beds

Bathrooms

4 Baths

Size

1500-2000 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$4956.95

Description

3 FAMILY DWELLING VACANT POSSESSION!! 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 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!

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$5,925 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,116,000

Total Interest Payments

$688,082

Total Payment (Principal + Interest)

$1,804,082

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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