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.
Address
83 Lawrence Avenue E
List Price
$1,999,500
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto C04
Sub-Area
Lawrence Park South
Region
Toronto
Bedrooms
3
Bedrooms (Total)
3
Rooms Above Grade
11
Bathrooms
2
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
150
Lot Size Units
Feet
Lot Width
50
Parcel Number
211400050
Parcel of Tied Land
No
Occupant Type
Owner+Tenant
Cross Street
Yonge and Lawrence
MLS® Number
C13789994
Listing Brokerage
REALTY ONE GROUP REVEAL
Basement Area
Unfinished, Separate Entrance
Postal Code
M4N 1S5
Posession Details
Flex
Parking Places (Total)
10
Parking Spaces
10
Tax Amount
$9,434.00
Tax Year
2026
Interior Features
None
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Baseboard
Cooling Features
Wall Unit(s)
Construction Materials
Brick
Direction Faces
South
Fireplace
Yes
Fireplace Features
Fireplace Insert, Electric
Foundation Details
Block
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 141 PL 1485 TORONTO; CITY OF TORONTO
Waterfront
No
Sewer
Sewer
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