1853 Lawrence Avenue Toronto, Ontario M1R 2Y3
$1,090,000
Amazing Investment Opportunity with Endless Potential! Fantastic Building has 3 units, Ground Floor Retail Unit rented to a well known beauty salon for $2590 + Utilities & Oversized, Bright Second Floor Residential 2 Bedroom Apartment rented For $1890 + Hydro (very good tenant) ! Also A Fully Finished Basement With A Huge Rec Rm, Bedroom,Storage,Full Kitchen And 3 Pc Washroom, separate entrance rented to a cultural centre for $1200 + Utilities (Renter is a friend) Potential is higher. Gross income $5680/month. Very low expenses (Property tax is 800/month + Insurance 150/month). Priced to sell, Excellent cashflow with great potential. (id:53661)
Property Details
| MLS® Number | E12306109 |
| Property Type | Retail |
| Neigbourhood | Scarborough |
| Community Name | Wexford-Maryvale |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Type | Other |
| Size Interior | 2,200 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 148 Ft |
| Size Frontage | 19 Ft |
| Size Irregular | 19 X 148 Ft |
| Size Total Text | 19 X 148 Ft |
| Zoning Description | Commercial/retail |
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July 24 2025 10:46:21
Toronto Regional Real Estate Board
Home And Business Realty
