2983 Lawrence Avenue E, Toronto - $1,799,000 | Modern Solution

2983 Lawrence Avenue E

2983 Lawrence Avenue E, Toronto

2983 Lawrence Avenue E in Toronto - 6 bedroom, 6 bathroom. Listed at $1,799,000.

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.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 2250 sqft
  • Basement: Apartment
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 6 spaces
  • Property Taxes: $4,657/yr
  • Neighbourhood: Bendale
  • Postal Code: M1P 2V6

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