CAONScarborough1853 Lawrence Ave E
Listing image | Image 1

1853 Lawrence Ave E, Scarborough, ON

House

For Sale

Listed price in listed location currency (CAD).
$999,999

000

MLS® E13579286

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage Plaza
Taxes $8,422
Days Active 0
Lot Size 
Approx. Age 
MLS® Number E13579286

Property Address: 1853 Lawrence Ave E, Scarborough, ON, M1R2Y3

Average square foot calculated using Size range provided by listing agent.

Description

An exceptional mixed-use investment opportunity in a prime Toronto location at Lawrence Ave. E. & Pharmacy Ave. This well-maintained commercial/residential property offers immediate upside with both owner-user and investor appeal.The main floor features approximately 1, 100 sq. ft. of retail space, currently vacant, providing the flexibility to establish your own business or secure a new tenant at today's market rents. The zoning permits a wide variety of retail and commercial uses, including a restaurant, café, barber shop, salon, spa, professional office, convenience retail, and many other permitted operations.The approximately 900 sq. ft. basement will be delivered vacant on closing, offering valuable additional space for storage, office use, or business operations. The retail unit is also being offered for lease at $3, 500/month plus TMI, presenting an excellent leasing opportunity for investors.The upper residential unit is currently tenanted on a month-to-month basis, generating $2, 700 per month, providing immediate rental income with future flexibility.With strong income potential and a projected capitalization rate exceeding 6.7%, this property represents an outstanding opportunity for investors seeking stable cash flow and long-term appreciation, as well as owner-operators looking to occupy the commercial space while benefiting from residential rental income.Ideally situated in a high-traffic corridor with excellent visibility, strong pedestrian exposure, TTC access, and close proximity to major highways, schools, and established residential neighbourhoods. A rare chance to own a versatile mixed-use asset in one of Toronto's sought-after commercial districts with significant upside potential.
MLS® NumberE13579286
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GaragePlaza
Approx. Age
Basement
DrivewayGarage Type:Plaza
Garage Spaces
HeatGas Forced Air Closed
A/CYes

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 17, 2026List Date
$999,999List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
1853 Lawrence Ave E, Scarborough, ON
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