3601 Lawrence Avenue E
Woburn, Toronto, M1G 1P5
$10,999,000
Reduced $1,991,000 from $12,990,000
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 mOfficial Plan / Zoning By-law Amendment · Application Received · applied 2026ZBA 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 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2026Official 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 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2025The 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 mPlan of Subdivision · Under Review · applied 2021Proposal 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 mSite Plan · Under Review · applied 2021The 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 mOfficial Plan / Zoning By-law Amendment · Closed · applied 2021The 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.
Building permits
- Interior Alterations · 2020 · Closedinterior alterations to proposed restaurant upper floor
- Interior Alterations · 2019 · InspectionProposed 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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