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83 Lawrence Avenue E
homes for sale · Toronto · Lawrence Park South
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$1,999,500

83 Lawrence Avenue E

Lawrence Park South, Toronto · MLS® C13789994

3210

House · Multi-family · 38 days on market

listed by MIKE JAHSHAN, REALTY ONE GROUP REVEAL

realtor's description

Rare opportunity in the heart of Lawrence Park! Detached brick legal duplex sitting on a large 50 x 150 ft lot on Lawrence Ave, surrounded by mature trees, multi-million dollar homes and some of the city's most desirable neighbourhoods and schools. Well kept, freshly painted and move-in ready, with a surprisingly private and serene setting right in the city. The property features two separate above-grade units - a vacant 2-bedroom unit ready for immediate occupancy and a 1-bedroom unit occupied by great tenants who would like to stay. Each unit has its own separate radiant floor heating system with dedicated tankless water heater. Unfinished basement offers additional space and plenty of possibilities. Huge driveway with parking for up to 10 cars, plus 4 garden sheds providing tons of outdoor storage.A great opportunity for investors, end users or builders. Live in one unit and rent the other, rent both for income, or explore the potential to build a large custom home on this substantial lot. Lawrence Ave is also designated as a Major Street under the City's new planning framework, creating potential for additional density and redevelopment. Buyer to conduct their own due diligence regarding zoning, Major Streets permissions, development potential and permitted uses. A unique property with income, land and long-term potential in one of Toronto's most established neighbourhoods.

property details

type
House, Multi-family
bedrooms
3
bathrooms
2
parking
10
property tax
$9,434 / yr
days on market
38
MLS®
C13789994

features

  • Washer
  • Dishwasher
  • Dryer
  • Two stoves
  • Water Heater - Tankless
  • Two Refrigerators

monthly cost

$9,498/mo
Mortgage $8,712 · Tax $786

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$8,712/ monthly
loan $1,599,600
25-year amortization
total interest
$1,013,889
cash to close
$399,900
down payment; transfer tax and fees not included
total paid
$2,613,489

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Lawrence Park South, TorontoGoogle Maps ↗

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listed by
MIKE JAHSHAN
REALTY ONE GROUP REVEAL
call MIKE · 416-688-8302
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Walkability 0/100 · Car needed for most errands

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