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    For Sale - 4240* Lawrence Avenue, Toronto, Ontario

    Est payment $37,935/mo
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    Views   1
    Time on Jump  197 day

    AI Summary *

    • Properties are being sold as a package for development potential.
    • Location supports new six-storey housing options along major streets.
    • Policy changes aim to boost housing supply in the area.
    • Close to existing transit and local services for convenience.
    • Multiple properties offer flexible development opportunities for investors.




    *full address: 4240, 4244, 4246 lawrence avenue e & 1 collinsgrove road toronto, on m1e 2s6 & m1e 3s3. *see schedule for full list of legal descriptions. Properties are being sold together. Property tax is as follows: 4244 lawrence ave e - $3,231. 43 | 4246 lawrence ave e - $3,331. 37 | 1 collinsgrove road - $3,364. 68. Toronto is enabling six-storey housing on major residential streets through official plan amendment 727 and a corresponding zoning by-law amendment (by-law 608-2024), which were adopted in june 2024, though some aspects remain under appeal at the ontario land tribunal. This policy change permits small-scale apartment buildings and townhouses up to six storeys along major streets in neighbourhoods areas, aiming to increase housing supply by creating more mid-rise developments near existing transit and services.
    Listing IDE12371520
    Address4240* Lawrence Avenue
    CityToronto, Ontario
    Price$7,900,000
    StyleLand
    TypeVacant Land
    StatusFor Sale

    Subtype LandCommunity Features Public Transit, Recreation/Community CentreSewer Sanitary+Storm

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    Listing Agency:  HOMELIFE NEW WORLD 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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    4240* Lawrence Avenue
    Toronto , Ontario
    $7,900,000
    Get more info