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    For Sale - 1853 Lawrence Avenue, Toronto, Ontario

    Est payment $4,802/mo
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    Views   2
    Time on Jump  93 day

    AI Summary *

    • Prime Toronto location with a mix of retail and residential spaces.
    • Main floor retail space offers flexibility for business or new tenant.
    • Vacant basement provides extra space for storage or office use.
    • Upper residential unit generates rental income with month-to-month flexibility.
    • High-traffic area with great visibility and access to public transport.




    An exceptional mixed-use investment opportunity in a prime toronto location at lawrence ave. E. & pharmacy ave. This well-maintained commercial/residential property offers immediate upside with both owner-user and investor appeal. The main floor features approximately 1,100 sq. Ft. Of retail space, currently vacant, providing the flexibility to establish your own business or secure a new tenant at today's market rents. The zoning permits a wide variety of retail and commercial uses, including a restaurant, café, barber shop, salon, spa, professional office, convenience retail, and many other permitted operations. The approximately 900 sq. Ft. Basement will be delivered vacant on closing, offering valuable additional space for storage, office use, or business operations. The retail unit is also being offered for lease at $3,500/month plus tmi, presenting an excellent leasing opportunity for investors. The upper residential unit is currently tenanted on a month-to-month basis, generating $1,930 per month, providing immediate rental income with future flexibility. With strong income potential and a projected capitalization rate exceeding 6. 7%, this property represents an outstanding opportunity for investors seeking stable cash flow and long-term appreciation, as well as owner-operators looking to occupy the commercial space while benefiting from residential rental income. Ideally situated in a high-traffic corridor with excellent visibility, strong pedestrian exposure, ttc access, and close proximity to major highways, schools, and established residential neighbourhoods. A rare chance to own a versatile mixed-use asset in one of toronto's sought-after commercial districts with significant upside potential.
    Listing IDE13579286
    Address1853 Lawrence Avenue
    CityToronto, Ontario
    Price$999,999
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailBasement 1Heating / Cooling Gas Forced Air ClosedSewer Storm Available

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    Listing Brokerage: RE/MAX MILLENNIUM REAL ESTATE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1853 Lawrence Avenue
    Toronto , Ontario
    $999,999
    Get more info