2983 Lawrence Avenue East

Toronto, ONMulti-family
$1,799,000
MLS® E13885124
Multi-family6 beds6 baths6 total
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About This Property

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. (id:63604)

Key Facts

Type
Multi-family
Beds
6
Baths
6
Size
2,000 sqft
Lot
30.9 x 120 FT
Parking
6 total

Highlights

  • Washer
  • Refrigerator
  • Stove
  • Dryer
Property Details 16 details
Bedrooms
6 bedrooms
6 above grade
Bathrooms
6 bathrooms
Parking
6 parking spaces
No Garage
Living area
2,000 - 2,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Fourplex
Attached status
Attached
Storeys
2
Basement
Apartment in basement
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
30.9 x 120 FT
Frontage
30.10 feet
Taxes
$4,657.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

WasherRefrigeratorStoveDryer

Exterior features

BrickConcrete

Systems and association

SewerElectricityCable
Mortgage & Affordability Estimate monthly costs
Purchase price$1,799,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Bendale
City
Toronto
Postal code
M1P 2V6
Nearby
Mccowan & Lawrence