3601 Lawrence Avenue E, Toronto, ON M1G 1P5
Woburn · E09 · M1G 1P5
$10,999,000
$125 / sq ft5 months on market
- Total area
- 88,156.34 sf
- Lot
- 193 × 301 ft
- Age
- 51-99 years
What's special
- Yes
About this property
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.
Property details
Property
- Property type
- retail
- Interior size
- 88,156.34 sq ft
- Year built
- 51-99
- Lot size
- 193 × 301 ft
- Zoning
- CR0.4(c0.4;r0)*366)
- Possession
- flexible
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Sewer
- Sanitary Available
Costs
- List price
- $10,999,000
- Property taxes
- $198,501 / year (2025)
- Price per sq ft
- $125
Listing
- MLS® number
- E13225524
- Status
- For sale
- Listed
- June 1, 2026
- Days on market
- 156
- Last updated
- August 19, 2026
- Listing brokerage
- LUXURY HOMES WORLD INC.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 99% of comparable retail listings in Toronto are asking less.
- This home
- $125 / sq ft
- Comparable median
- $665 / sq ft
Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $48,652.29
- Property tax (est.)
- $16,541.71
- Estimated monthly
- $65,194
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $261,450
- Toronto municipal
- $481,410
- Total due on closing
- $742,860
An estimate on the asking price of $10,999,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of LUXURY HOMES WORLD INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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