$7,900,000
4240* Lawrence Avenue, Toronto, ON M1E 2S6
— beds— baths
Key facts
- MLS®
- E13642934
- Status
- New
- Type
- Land
- Taxes
- $13,000
- Listed
- 2026-08-06
- Brokerage
- HOMELIFE NEW WORLD REALTY INC.
- Cross street
- Lawrence Ave E/Morningside Ave
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.