83 Lawrence Avenue
Lawrence Park South / Toronto C04, ON M4N 1S5
About This Property
Rare opportunity in the heart of Lawrence Park! Detached brick legal duplex sitting on a large 50 x 150 ft lot on Lawrence Ave, surrounded by mature trees, multi-million dollar homes and some of the city's most desirable neighbourhoods and schools. Well kept, freshly painted and move-in ready, with a surprisingly private and serene setting right in the city. The property features two separate above-grade units - a vacant 2-bedroom unit ready for immediate occupancy and a 1-bedroom unit occupied by great tenants who would like to stay. Each unit has its own separate radiant floor heating system with dedicated tankless water heater. Unfinished basement offers additional space and plenty of possibilities. Huge driveway with parking for up to 10 cars, plus 4 garden sheds providing tons of outdoor storage.A great opportunity for investors, end users or builders. Live in one unit and rent the other, rent both for income, or explore the potential to build a large custom home on this substantial lot. Lawrence Ave is also designated as a Major Street under the City's new planning framework, creating potential for additional density and redevelopment. Buyer to conduct their own due diligence regarding zoning, Major Streets permissions, development potential and permitted uses. A unique property with income, land and long-term potential in one of Toronto's most established neighbourhoods.
Property Details
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Features & Amenities
- Fireplace
- Air Conditioning
- Basement
Buying or selling in Toronto?
Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.
Talk to Filipe & Isabel Ferreira →TRREB MLS® Attribution
MLS® C13789994
Listed by REALTY ONE GROUP REVEAL
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$9,764
/month · $1,599,600 mortgage
Amortization
Total Interest
$1,329,547
Total Cost
$2,929,147
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
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