362 Lawrence Avenue WToronto C04, Toronto, ON, M5M 1B7
362 Lawrence Avenue WToronto C04, Toronto, ON, M5M 1B7
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Buy/sell history for 362 Lawrence Avenue W, Toronto, ON M5M 1B7
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Toronto C04
Description
Attention Missing Middle Builders & Developers. Rare development opportunity on Lawrence Avenue West in the heart of Bedford Park-Nortown. Existing renovated 2-storey detached brick home on a premium 50 x 96 ft lot fronting Lawrence Avenue West - steps to dual TTC subway access (Lawrence and Lawrence West Stations), Pusateri's Fine Foods, Shoppers Drug Mart, and top-rated schools including Havergal College and Lawrence Park Collegiate. The proposed development contemplates severing the lot and constructing two semi-detached 6-plex buildings plus one garden suite per lot - 14 purpose-built rental units in total. At six units per building, the project qualifies for Toronto's development charge exemption, eliminating DCs entirely. City of Toronto has confirmed support for the garden suite configuration. CMHC MLI Select eligible. Buyers to conduct their own independent planning due diligence. Detailed data room available. House is renovated and can be rented until approvals are granted. The property can support up to 10 units as of right under the main street zoning.
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$1,599,000
List price