






Sales Representative
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades.
Price
$1,149,000
Bedrooms
6 Beds
Bathrooms
3 Baths
Size
3000-3500 sqft
Year Built
Not listed
Property Type
House
Property Taxes
$5029.76
Exceptional investment opportunity in Toronto's growing Rockcliffe-Smythe neighbourhood! This fully detached three-storey triplex at 10 Lapp St sits on a 25 x 120 ft lot and offers over 3,000 sq ft of above-grade living space across three self-contained units. Each unit features a functional layout with two bedrooms, a full kitchen, living room, dining area, and a 4-piece bathroom, providing comfortable living spaces ideal for tenants or multi-generational living. The property also offers rare rear parking for up to six vehicles. Ideally located on a quiet residential street with convenient access to TTC transit, making commuting throughout the city simple. Just minutes from the vibrant Stockyards District with a wide selection of shops, restaurants, grocery stores, and everyday amenities. Enjoy nearby green spaces including Smythe Park, the scenic Humber River trail system with walking and cycling paths, and close proximity to Lambton Golf & Country Club. Close to schools, parks, and community centres, with easy access to major highways including Highway 401, Highway 400 and the Gardiner Expressway. Property is being sold as-is, where-is, offering incredible potential for investors looking to secure a solid multi-unit property in a convenient and evolving Toronto neighbourhood.
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Contact MeTotal Monthly Payment
$5,047 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$919,200
Total Interest Payments
$566,743
Total Payment (Principal + Interest)
$1,485,943
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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.