50 Lappin Avenue

Junction, Toronto

50 Lappin Avenue, Junction, Toronto

$1,395,000


Bedrooms: 3

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $930.00


About this Duplex

in Junction, Toronto

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!

Listed by SUTTON GROUP-ASSOCIATES REALTY INC..


Photo 0 at 50 Lappin Avenue, Junction, Toronto

Photo 0

Photo 1 at 50 Lappin Avenue, Junction, Toronto

Photo 1

Photo 2 at 50 Lappin Avenue, Junction, Toronto

Photo 2

Photo 3 at 50 Lappin Avenue, Junction, Toronto

Photo 3

Photo 4 at 50 Lappin Avenue, Junction, Toronto

Photo 4

Photo 5 at 50 Lappin Avenue, Junction, Toronto

Photo 5

Photo 6 at 50 Lappin Avenue, Junction, Toronto

Photo 6

Photo 7 at 50 Lappin Avenue, Junction, Toronto

Photo 7

Photo 8 at 50 Lappin Avenue, Junction, Toronto

Photo 8

Photo 9 at 50 Lappin Avenue, Junction, Toronto

Photo 9

Photo 10 at 50 Lappin Avenue, Junction, Toronto

Photo 10

Photo 11 at 50 Lappin Avenue, Junction, Toronto

Photo 11

Photo 12 at 50 Lappin Avenue, Junction, Toronto

Photo 12

Photo 13 at 50 Lappin Avenue, Junction, Toronto

Photo 13

Photo 14 at 50 Lappin Avenue, Junction, Toronto

Photo 14

Photo 15 at 50 Lappin Avenue, Junction, Toronto

Photo 15

Photo 16 at 50 Lappin Avenue, Junction, Toronto

Photo 16

Photo 17 at 50 Lappin Avenue, Junction, Toronto

Photo 17

Photo 18 at 50 Lappin Avenue, Junction, Toronto

Photo 18

Photo 19 at 50 Lappin Avenue, Junction, Toronto

Photo 19

Photo 20 at 50 Lappin Avenue, Junction, Toronto

Photo 20

Photo 21 at 50 Lappin Avenue, Junction, Toronto

Photo 21

Photo 22 at 50 Lappin Avenue, Junction, Toronto

Photo 22

Photo 23 at 50 Lappin Avenue, Junction, Toronto

Photo 23

Photo 24 at 50 Lappin Avenue, Junction, Toronto

Photo 24

Photo 25 at 50 Lappin Avenue, Junction, Toronto

Photo 25


LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

Request A Showing Or Find Out More 

Have a question or interested in this property? Send us a message!

inquire