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4240* Lawrence Avenue

4240* Lawrence Avenue

Toronto E10, ON

1 sqft • Land • 359 days on market

$7,900,000Price reduced 20%

*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.

Listing Details

Taxes (2025)
$3,065
Originally Listed
$9,900,000
Listed
August 29, 2025

Price History

Listing history

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Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Lawrence Ave E/Morningside Ave
Zoning
rd (F15.0;A696) (x1300)
Parcel Number
062420026
Possession
Immediate

Commercial

Business Type
Residential
Occupancy
Vacant

Community

Postal area M1E

Population
48,033
Private dwellings
18,085
Median age
41.2
Average household size
2.8
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto E10 · last 12 months

Median sold price
$900,000
Homes sold
429
Median days on market
19
Sale-to-list price
98.9%

Based on 429 recorded sales of commercial properties in Toronto E10 over the last 12 months.

Listed by

HOMELIFE NEW WORLD REALTY INC.

Walk Score

88

Walk

71

Transit

30

Bike

Scores by Walk Score®

Location

Commercial figures

Annual property tax
$3,065

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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