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    For Sale - 2983 Lawrence Avenue, Toronto, Ontario

    Est payment $8,639/mo
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    Views   1
    Time on Jump  6 day

    AI Summary *

    • Prime location near McCowan & Lawrence, perfect for investment opportunities.
    • Four legal one-bedroom apartments offer steady rental income potential.
    • Two additional units have potential for legal conversion to maximize revenue.
    • Great access to public transit and nearby healthcare facilities.
    • City has indicated potential for conversion to a seniors' home.




    Exceptional multiplex investment opportunity! Prime mccowan & lawrence location featuring 4 legal one-bedroom apartments, plus 2 additional units with potential for legal conversion, subject to city of toronto zoning, building and permit requirements. Located directly across from scarborough general hospital, with excellent public transit access and proximity to major healthcare and transportation facilities. The city of toronto has verbally indicated potential for conversion to a seniors' home, subject to formal approvals, permits and applicable requirements. An excellent opportunity for investors, developers and operators seeking income, redevelopment and conversion potential. Buyers and cooperating brokerages are advised to conduct their own independent due diligence regarding zoning, permitted uses, building code compliance, licensing, permits, legal unit status and any proposed conversion or redevelopment.
    Listing IDE13885124
    Address2983 Lawrence Avenue
    CityToronto, Ontario
    Price$1,799,000
    Bed / Bath6 / 6 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneOwnership FreeholdBasement ApartmentFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Brokerage: HOMELIFE/FUTURE REALTY INC.

    * 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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    2983 Lawrence Avenue
    Toronto , Ontario
    6 6 $1,799,000
    Get more info