2983 Lawrence Ave E

About this Property

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.

Listing Details

MLS #

E13885124

Board

PROPTX

Market

ontario

Property Type

Fourplex

Style

2-Storey

Garage

None

Parking Spaces

6

Basement

Apartment

Heating

Forced Air

Cooling

Central Air

Pool

None

Lot Size

30.85 × 120 ft

Annual Taxes

$4,657/yr

Listed By

HOMELIFE/FUTURE REALTY INC.

Listed On

October 10, 2026

Features & Extras