2983 Lawrence Avenue E, Toronto, ON M1P 2V6

$1,799,000
6
BD
6
BA
2,000
SqFt

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List Price
$1,799,000
MLS#
E13885124
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
6
Bathrooms
6
Living Area
2000-2500
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Bendale
Subdivision
Mccowan & Lawrence

Property Description

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.

Additional Information

Taxes
$4,657
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
6
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
6
Parking Type
Private

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Calculator source: Real Geeks

Listing courtesy of HOMELIFE/FUTURE REALTY INC..