Toronto
Toronto
$1,799,000
2983 LAWRENCE AVENUE E, Toronto, M1P2V6
MLS Number: E13885124
Beds
6
Baths
6
Listing
For Sale
Type
Freehold
Square Feet
2,000 - 2,500
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.
Location
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2983 LAWRENCE AVENUE E, Toronto, M1P2V6
Nearby Schools
Schools near 2983 LAWRENCE AVENUE E
Distances are measured in a straight line from this property.
St Rose of Lima Catholic School
Elementary school · Grades JK-8
Toronto CDSB
3220 Lawrence Ave E, Toronto, Ontario, M1H1A4
Bendale Junior Public School
Elementary school · Grades JK-6
Toronto DSB
61 Benshire Dr, Scarborough, Ontario, M1H1M4
Knob Hill Public School
Elementary school · Grades JK-8
Toronto DSB
25 Seminole Ave, Scarborough, Ontario, M1J1M8
Donwood Park Public School
Elementary school · Grades JK-8
Toronto DSB
61 Dorcot Ave, Scarborough, Ontario, M1P3K5
David and Mary Thomson Collegiate Institute
Secondary school · Grades 9-12
Toronto DSB
125 Brockley Drive, Scarborough, Ontario, M1P0E1
Charles Gordon Senior Public School
Elementary school · Grades 7-8
Toronto DSB
25 Marcos Blvd, Scarborough, Ontario, M1K5A7
Hunter's Glen Junior Public School
Elementary school · Grades JK-6
Toronto DSB
16 Haileybury Dr, Scarborough, Ontario, M1K4X5
John McCrae Public School
Elementary school · Grades JK-8
Toronto DSB
431 McCowan Rd, Scarborough, Ontario, M1J1J1
Proximity does not guarantee enrollment eligibility. Verify attendance boundaries and admission requirements with the relevant school board before making a decision.
Estimate Tool
Mortgage Payment Calculator
Estimate monthly principal and interest, then add common carrying costs for a clearer planning number.
Down Payment
$359,800
Mortgage Amount
$1,439,200
Principal + Interest
$8,321 / mo
5-Year Term Payments
$499,286
Estimated Monthly Carrying Cost
$8,971
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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