28 Lappin Ave
Dovercourt-Wallace Emerson-Junction, Toronto, Ontario M6H 1Y4
- Bedrooms
- 6+2
- Bathrooms
- 4
- Size
- 2,000–2,500sq ft
- Per sq ft
- $578at the range’s middle
- Lot
- 18 x 118 ft
- Tax a year
- $5,8902025 tax year
- Built
- 100+
- Parking
- 2none
- Days on market
- Members
The brief
About 28 Lappin Ave
28 Lappin Ave is a 6+2-bedroom, 4-bathroom detached house in Dovercourt-Wallace Emerson-Junction, Toronto, listed for sale at an asking price of $1,299,900 (MLS® W14168596).
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!
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $5,890 / 2025
- MLS® number
- W14168596
- Board
- TRREB MLS®
- Property Type
- Detached
- Building Age
- 100+
- Days on market
- Size
- 2000-2500 sqft
- Lot Size
- 18 x 118 ft
- Listed on
- Parking
- None, 2 Parking
Property details
Property
- Property Type
- Detached
- Style
- 3-Storey
- Community
- Dovercourt-Wallace Emerson-Junction
- Municipality
- Toronto
Building
- Size
- 2000-2500 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 6+2
- Bathrooms
- 4
- Bathroom Details
- 1 × 4pc Ground, 1 × 4pc 2nd, 1 × 4pc 3rd, 1 × 4pc Bsmt
- Basement Type
- Apartment
- Kitchens
- 4
Parking
- Driveway
- Lane
- Garage Type
- None
- Additional Parking
- 2
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Other, Wall Unit
- Heating Type
- Baseboard
Land
- Sewer
- Sewers
- Frontage
- 18 ft
- Depth
- 118 ft
- Lot Size
- 18 x 118 ft
Additional
- Foundation
- Stone, Brick, Concrete Block
- Roof
- Asphalt Shingle, Asphalt Rolled
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- 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.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.85 × 5.28 m | — | Ground |
| Living | 2.96 × 3.7 m | — | Ground |
| Br | 2.77 × 3.48 m | — | Ground |
| Br | 2.3 × 3.62 m | — | Ground |
| Living | 3.75 × 4.3 m | — | 2nd |
| Kitchen | 3.1 × 3.4 m | — | 2nd |
| Br | 4.0 × 4.1 m | — | 2nd |
| Br | 3.75 × 4.2 m | — | 2nd |
| Kitchen | 2.67 × 3.35 m | — | 3rd |
| Living | 2.89 × 3.35 m | — | 3rd |
| Br | 2.89 × 3.01 m | — | 3rd |
| Br | 3.06 × 3.19 m | — | 3rd |
Listing history
Buy/sell history for 28 Lappin Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,299,900 | N/A | For Sale | W14168596 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $259,980
- Total mortgage amount
- $1,039,920
- Total interest payment
- $739,380
- Total purchase cost
- $2,039,280
- Mortgage payment
- $5,931/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$6,422- Rent $0
- Shortfall $6,422
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $22,473
- Toronto municipal land transfer tax
- $22,473
- Total land transfer tax
- $44,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $36,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,299,900
- $17,998
- Ontario total
- $22,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $22,473.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 2,124 sq ft197 m²
- Street frontage
- 18 ft5.5 m
- Depth
- 118 ft36 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
R (d0.6) (x740)By-law
569-2013Municipality
Toronto1 d0.6
Density: floor area is capped at 0.6 times the lot area.
2 x740
Site-specific exception 740: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(740)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
1260 DUFFERIN STOfficial plan or zoning amendmentOMB Appeal
Official Plan and Zoning By-law Amendment to increase the approved height and density onsite to accomodate additional purpose built and affordable rental dwelling units. On Block 3, Tower 3A increases by 13 storeys and Tower 3B increases by 12 storeys for a total of 48 and 37 storeys, respectively. The proposal increases Block 4, Tower 4A by 12 storeys and Tower 4B by 11 storeys for a total of 44 and 34 storeys, respectively. A total of 3,547 dwelling units across five blocks are proposed, 634 of which are already approved and under construction.
110 m away1260 DUFFERIN STApplicationUnder Review
Part Lot Control application
110 m away1260 DUFFERIN STPlan of subdivisionUnder Review
Draft Plan of Subdivision to support the implementation of the OPA/ZBA applications for the site:a total of ±2,846 residential units in a mix of housing forms including ±2685 residential units and 150 affordable rental units; ±27,503m2 of retail and ±1,961m2 of commercial uses
110 m away1245 DUPONT STApplicationUnder Review
Part Lot Control application
220 m away1245 DUPONT STPlan of subdivisionUnder Review
Draft Plan of Subdivision to support the implementation of the OPA/ZBA applications for the site:a total of ±2,846 residential units in a mix of housing forms including ±2685 residential units and 150 affordable rental units; ±27,503m2 of retail and ±1,961m2 of commercial uses
220 m away1245 DUPONT STSite planUnder Review
Site Plan Control application for Block 3A of 1245 Dupont Street that includes the construction of a 50 storey (156.95 metres) market rental building with 588 units and at grade retail. The building will have a total GFA of 41,239 square metres, of which, 408 square metres are for commercial uses. The proposal includes 100 parking spaces in two levels of underground parking. A total of 620 bicycle parking spaces are provided. Site is within an approved draft plan of subdivision. In accordance with the Section 37 agreement registered on title for this development, prior to first residential use or first condo registration on Block 3, the following are to be completed and/or conveyed to the City: - surface easements to the City over Private Strreet A (Record Lane), the Mews B Lands, and the POPs. - design for POPS and Mews B will be provided in next submission.
220 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Detached homes for sale in Dovercourt-Wallace Emerson-Junction right now
- For sale now
- 25
- Median asking price
- $1.3M
- New in 7 days
- 5
- Price cuts
- 24%
Middle half: $1.2M to $1.56M
11 in 28 days
6 listings
This home is asking at the median.
See all homes in Dovercourt-Wallace Emerson-JunctionAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Dufferin Station | TTC subway: Line 2 Bloor-Danforth | 750 m |
| Lansdowne Station | TTC subway: Line 2 Bloor-Danforth | 800 m |
| Ossington Station | TTC subway: Line 2 Bloor-Danforth | 1.2 km |
| Bloor GO | GO Transit train: KitchenerUP Express train | 1.3 km |
| Fairbank Station | TTC light rail: Line 5 Eglinton | 3.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Dovercourt Public SchoolToronto DSB | Public · grades JK–8 | 300 m | 59%Grade 6 average |
| St Sebastian Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 400 m | 90%Grade 6 average |
| Pauline Junior Public SchoolToronto DSB | Public · grades JK–6 | 400 m | 83%Grade 6 average |
| ÉÉC du Sacré-Coeur-TorontoConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.2 km | 60%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Bloor Collegiate InstituteToronto DSB | Public · grades 9–12 | 850 m | 69%Grade 9 math |
| Caring and Safe School 4Toronto DSB | Public · grades 9–12 | 900 m | — |
| St Mary Catholic AcademyToronto CDSB | Catholic · grades 9–12 | 1.1 km | 45%Grade 9 math |
| École secondaire Toronto OuestConseil scolaire Viamonde | French-language public · grades 9–12 | 1.4 km | 82%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Dovercourt-Wallace Emerson-Junction are shown to signed-in members.