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4240* Lawrence Avenue
$9,900,000 Sale
Listed 8 hours ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 4240* Lawrence Avenue
Key Facts
Key facts for 4240* Lawrence Avenue
Property Type
Commercial
Parking
-
MLS #
E12371520
Size
-
Basement
-
Listed on
2025-08-29
Lot size
0 x 0.0
Tax
$3,065 /yr
Days on Market
1
Approximate Age
-
Maintenance Fee
-
Description
*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.
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Courtesy of: HOMELIFE NEW WORLD REALTY INC.