3601 Lawrence Avenue E

Woburn, Toronto, M1G 1P5

$10,999,000

Reduced $1,991,000 from $12,990,000

Photo 1 of 2Photo 2 of 2

Listed 140 days ago · MLS® E13225524

About this home

2 ACRE PLAZA: Prime commercial investment in the heart of Scarborough's Woburn district (MARKHAM&LAWRENCE). This property offers fully leased retail units delivering consistent, dependable income of approximately $900k per year. Supported by 12 established long term tenants, the asset provides strong stability with low vacancy exposure. Positioned within a rapidly transforming corridor, the site presents compelling future upside, with potential for residential or mixed use redevelopment subject to municipal approvals and zoning. This is an ideal opportunity for investors looking to secure immediate cash flow while holding a strategic land play in a high demand location. A solid income producing property with long term growth potential in one of Scarborough's most active and evolving communities.

Details

Type
Commercial Retail
Age
51-99 years
Lot
193 × 301 ft
Garage
None
Property tax
$198,501 (2025)
Neighbourhood
Woburn
Municipality
Toronto E09

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Water and sewer
Sanitary Available
Utilities
Available

Building and exterior

Age
51-99 years
Building area
88,156 Square Feet

More

Possession
flexible
Cross street
Markham and Lawrence
Business type
Retail Store Related

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚆 Eglinton GO2.3 km

Within a 10-minute walk: 7 grocery stores, 14 cafés and restaurants, 5 parks, 8 pharmacies. Nearest grocery: West Indian Fine Foods (0 m). Nearest park: Secor Memorial Park (550 m).

Schools nearby

Elementary

  • Cornell Junior Public School
    EQAO: Gr 6 reading 86%, math 52%
    6 min walk
  • St. Barbara Catholic School Catholic
    EQAO: Gr 6 reading 89%, math 21%
    8 min walk
  • Golf Road Junior Public School
    EQAO: Gr 6 reading 90%, math 34%
    11 min walk
  • Tredway Woodsworth Public School
    EQAO: Gr 6 reading 70%, math 45%
    18 min walk

Secondary

  • Cedarbrae Collegiate Institute
    EQAO: Gr 9 math 39%, literacy test 72%
    6 min walk
  • Tecumseh Senior Public School10 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M1G

Owners / renters
46% / 54%
Median household income
$73,500
Average age
39
Children under 15
18%
Homes
39% detached, 45% high-rise
Commute by transit
26%
Population
30,894

Languages spoken most at home besides English: Tamil 7.6%, Gujarati 7.2%, Tagalog (Pilipino, Filipino) 2.6%, Urdu 2.5%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Golfdale-Cedarbrae-Woburn (2025): about the Toronto average, about the same from the year before.

  • Assaultabout average
  • Break and enter53% below average
  • Auto theftabout average
  • Robbery26% above average
  • Theft from vehiclesabout average
  • Shootings22% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 5 active

  • 3434 LAWRENCE AVE E · 400 m
    Official Plan / Zoning By-law Amendment · Application Received · applied 2026
    ZBA for Lifting the Hold to permit a development containing two L-shaped buildingswith heights ranging from 10-23 storeys, as well as a new public park and a…
  • 3585 LAWRENCE AVE E · 50 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2026
    Official Plan Amendment to amend the Official Plan, as amended by OPA 778, to facilitate the proposed development for two towers of 34 and 35 storeys,…
    Application details
  • 3585 LAWRENCE AVE E · 50 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2025
    The proposed development contemplates two towers of 34 and 35 storeys, providing retail and medical office uses at-grade/ 2nd storey and residential above. The…
    Application details
  • 3434 LAWRENCE AVE E · 400 m
    Plan of Subdivision · Under Review · applied 2021
    Proposal for the redevelopment of the site with two residential buildings, ranging in height from 8 storeys to 29 storeys, with a total of 642 residential…
    Application details
  • 3434 LAWRENCE AVE E · 400 m
    Site Plan · Under Review · applied 2021
    The proposal contemplates 2 L-shaped buildings with building elements ranging in height from 8 storeys to 29 storeys. A total of 642 residential units are…
    Application details
  • 3434 LAWRENCE AVE E · 400 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2021
    The proposal contemplates 2 L-shaped buildings with building elements ranging in height from 10 storeys to 23 storeys. A total of 855 residential units are…
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 18 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Interior Alterations · 2020 · Closed
    interior alterations to proposed restaurant upper floor
  • Interior Alterations · 2019 · Inspection
    Proposed Interior Alterations to convert the existing personal service shop into a retail bakery store "Taste of Empanada" on Unit 7. Scope…

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

15 City street trees within 100 m. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by LUXURY HOMES WORLD INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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