4240* Lawrence Avenue Toronto, Ontario M1E 2S6

1 Acres
Acreage

$9,900,000

*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. (id:60626)

Business

Business Type Residential
Business Sub Type Residential

Property Details

MLS® Number E12371520
Property Type Vacant Land
Neigbourhood Scarborough
Community Name West Hill
Amenities Near By Public Transit, Recreation

Building

Size Interior 1 Acres
Utility Water Municipal Water

Land

Acreage Yes
Land Amenities Public Transit, Recreation
Size Irregular 1.1
Size Total 1.1 Ac
Size Total Text 1.1 Ac
Zoning Description Rd (f15.0;a696) (x1300)

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