*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.
Address
4240* Lawrence Avenue
List Price
$9,900,000
MLS® Status
New
Expiration Date
2025-12-31
Property Type
Commercial
Type of Dwelling
Land
Transaction Type
For Sale
Area
Toronto E10
Sub-Area
West Hill
Region
Toronto
Lot Type
Lot
Lot Size Units
Acres
Parcel Number
062420026
Total Building Area
1.1
Occupant Type
Vacant
Cross Street
Lawrence Ave E/Morningside Ave
MLS® Number
E12371520
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Postal Code
M1E 2S6
Tax Amount
$3,065.00
Tax Year
2025
Community Features
Public Transit, Recreation/Community Centre
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Tax Legal Description
PT LT 10, CON 1, AS IN TB135524 EXCEPT SC316221; SCARBOROUGH; ,CITY OF TORONTO*
Sewer
Sanitary+Storm