ON > Toronto C04 > Bedford Park-Nortown
Toronto C04, ON M5M 1B7,362 Lawrence AVE W
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 2,199,000
Est. payment /mo
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Price Dropped by $400K

362 Lawrence AVE W Toronto C04, ON M5M 1B7

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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Bedford Park-Nortown

MLS Listing ID C12398503

Annual Tax Amount $5,783

Tax Year 2025

Property Sub-Type Land

Lot Depth 96.0

Lot Front 50.0

Property Description

362 Lawrence Avenue West represents an opportunity to acquire a ready-to-go missing middle redevelopment project in the heart of Ledbury Park fronting on Lawrence Avenue West. The project is compatible with CMHCs MLI Select program, offering low-cost financing over 40-50 years, making this an extremely attractive opportunity from a capital efficiency standpoint. The approved plan is for a 6-storey, purpose-built rental building with 10 residential units, comprising a mix of two and three bedroom suites. The design contemplates approximately 11,500 SF of GFA. Importantly, the Property is one of the few developments in the city that has been approved to build as-of-right, according to the Major Street Study. Accordingly, the Property benefits from approvals in-place and the ability to begin construction immediately. The Property is currently occupied by a detached single-family home and is located between Lawrence Station and Lawrence West Station, with nearby bus stops offering access to both. It also benefits from close proximity to major amenities, including Yorkdale Shopping Centre, the Lawrence Allen Centre, and a variety of retail stores, services, and dining options along Lawrence Avenue. The Property's excellent location supports its ability to command premium rental rates, as demonstrated by nearby rental and condominium developments.

Location

Province ON

County Toronto

Community Bedford Park-Nortown

Area Toronto

Exterior

Utilities Available Available

Lot Frontage 50.0

Lot Depth 96.0

Others

ParcelsYN No

Listed by COLLIERS
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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362 Lawrence AVE W

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