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FourplexListed 4 days ago

$1,799,000

2983 Lawrence Avenue E, Toronto, ON M1P 2V6

Bendale · Toronto · M1P 2V6

Listing brokerage: HOMELIFE/FUTURE REALTY INC.

Beds
6
Baths
6
Sq ft
2000–2500
Parking
6

Monthly costs

Property taxes

$388/mo

$4,657 a year (2026)

The home

Lot size
30.9 × 120 ft
Style
2-Storey
Basement
Apartment
Parking
6 spots
Faces
South
Heating · cooling
Forced Air, Central Air
Possession
Immediately

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.

All details21 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
6
Bathrooms
6
Kitchens
6
Rooms
16
Size
2000-2500 sq ft

Heating & Cooling

Heat source
Gas

Parking

Covered spaces
0

Features

  • Private

Exterior & Lot

Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete

Utilities

Sewer
Sewer

Taxes & Fees

HST
Included In

Listing

MLS® number
E13885124
Type
Fourplex
Transaction
For Sale
Neighbourhood
Bendale
Cross streets
Mccowan & Lawrence
Co-listing brokerage
HOMELIFE/FUTURE REALTY INC.
Rooms · 6Washroom ×6
  • 2 × 4-piece washroom

    Second

  • 2 × 4-piece washroom

    Main

  • 2 × 4-piece washroom

    Basement

History

Past listings and sales for this home and building.

Location

2983 Lawrence Avenue E, Toronto, ON M1P 2V6 · Near Mccowan & Lawrence

Monthly cost

Estimated monthly cost

$8,354/mo

Mortgage
$7,966
Property tax
$388
Down payment$359,800 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$426,690

$359,800 down + $66,890 to $68,140 in closing costs

Ontario land transfer tax
$32,455
Toronto land transfer tax
$32,455
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Property tax adjustment
$230

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$1,799,000

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