$1,799,000
Est. payment $7,966/moCalculate yours
2983 Lawrence Avenue E, Toronto, ON M1P 2V6
Bendale, Scarborough, ON M1P 2V6
- 6 Beds
- 6 Baths
- 2,000 Sq Ft
Listing courtesy of HOMELIFE/FUTURE REALTY INC. MLS® E13885124
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.
Property details
Overview
- Property Type
- Fourplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 6
- Kitchens
- 6
- Basement
- Apartment
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 30.85 x 120 Feet
- Parking
- None garage · 6 total
Financial
- Property Taxes
- $4,657 (2026)
Location
- Neighbourhood
- Bendale
- Cross Street
- Mccowan & Lawrence
- Direction Faces
- South
Listing
- MLS® Number
- E13885124
- Days on Market
- 8
- Listed On
- 2026-10-10
- Possession
- Immediately
- Listed By
- HOMELIFE/FUTURE REALTY INC.
Features
Interior
- None
Pool
- None
- Included
- All ELFs, Stove (6), Fridge (6), Washer/Dryer
Mortgage calculator
Estimated mortgage payment
$7,966 per month
- Principal and interest
- $7,966
- Property tax
- $388
- Condo fees
- $0
- Estimated monthly cost
- $8,354
Your mortgage
- Mortgage amount
- $1,439,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $950,475
Cash to close
- Down payment
- $359,800
- Land transfer tax (Ontario + Toronto)
- $64,910
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $424,710
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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