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    For Sale - 4240* Lawrence Avenue, Toronto, Ontario

    Est payment $37,935/mo
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    Time on Jump  59 day

    AI Summary *

    • Properties being sold together provide investment potential in a growing market.
    • Toronto's new policy allows future development up to six storeys nearby.
    • Great opportunity to build small-scale apartments or townhouses.
    • Located on major residential streets with access to transit and services.
    • Current property taxes are clearly stated for each address.




    *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 IDE13642934
    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 Brokerage: HOMELIFE NEW WORLD REALTY INC.

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    4240* Lawrence Avenue
    Toronto , Ontario
    $7,900,000
    Get more info