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Multiplex

2983 Lawrence Avenue E

Bendale · Scarborough, M1P 2V6

$1,799,000

Beds
6
Baths
6
Size
2,000-2,500 ft²
Type
Multiplex
Listed
16 days
MLS®
E13885124

About this home

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.

Property details

MLS® number
E13885124
Property type
Fourplex
Style
2-Storey
Bedrooms
6
Bathrooms
6
Kitchens
6
Interior size
2,000-2,500 ft²
Lot
30.85 × 120 ft
Basement
Apartment
Heating
Forced Air, Gas
Cooling
Central Air
Parking
6 total
Exterior
Brick
Property taxes
$4,657 (2026)
Possession
Immediately
Cross street
Mccowan & Lawrence
Community
Bendale
City
Scarborough

Location

Bendale · Scarborough, near Mccowan & Lawrence

2983 Lawrence Avenue E, Scarborough

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$7,966per month

$359,800 down · 4.5% · 25 years

Down payment

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An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Scarborough

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