44 days on Market

50 Lappin Ave, Toronto, Ontario M6H 1Y4

Townhouse
3 + 1
4
~1500-2000 sqft
$•••,•••
$1,490,000
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Townhouse
3 + 1
4
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$869/sqft

Est. Mortgage$6,399/mo

Tax Amount (2024)$4,957/yr

Days On Market44 days


Description

3 FAMILY DWELLING - VACANT POSSESSION ON CLOSING!! 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 seeing 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!


Property Details

Style3-Storey
ViewPark/Greenbelt
Age of property-
SqFt~1500-2000 SqFt
Lot Size2,324 SqFt(127.93 x 18.17)
Parking Spaces-
MLS ®NumberW12097231
Community NameWallace Emerson
Data SourceTRREB
Listing bySUTTON GROUP-ASSOCIATES REALTY INC.

Features

Heating: Forced Air
Basement: Apartment, Full

Main Floor

Br

4.03 x 3.09

Hardwood Floor

Living

4.01 x 3.45

hardwood floor / Closet

Kitchen

4.01 x 3.68

Eat-In Kitchen / hardwood floor


Features

Lot size: 2,324 SqFt

Property History

Apr 23, 2025
ListedActive
$1,490,000
44 days on market
history photo preview26
Listing by trreb®
Property listed by SUTTON GROUP-ASSOCIATES REALTY INC., Brokerage

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Market Data - Wallace Emerson

Geo Zone Map ThumbnailWallace Emerson

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

10 days

Compared to

2024

13 days

2023

24 days

2022

7 days

New Listings

Past 30 days

1 listing

Compared to

2024

2 listings

2023

1 listing

2022

2 listings

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

1 unit

2022

1 unit

Median Sold Price

Past 30 days

$1,025,000

Compared to

2024

$1,105,000

2023

$1,550,000

2022

$1,130,000


Population and Demographics

Overview

Total population 9151
Average household income $125,166

Age (%)

20 to 34
28%
35 to 49
26%
50 to 64
17%
0 to 19
15%
65 and plus
14%

Household composition (%)

Single family
53%
Single person
36%
Multi person
10%
Multi family
1%

Mother tongue (%)

English
63%
Portuguese
15%
Spanish
5%
Yue (Cantonese)
3%
Italian
2%
Vietnamese
2%
French
2%
Others
2%
Mandarin
2%

House tenancy (%)

Renters
50%
Owners
50%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget