4240* Lawrence Avenue, Toronto, ON M1E 2S6
West Hill · E10 · M1E 2S6
$7,900,000
$165 / sq ft3 months on market
- Interior
- 47,916 sf
About this property
*Full address: 4240, 4244, 4246 Lawrence Avenue E & 1 Collinsgrove Road Toronto, ON M1E 2S6 & M1E 3S3. *See Schedule for full list of Legal Descriptions. Properties are being sold together. Property Tax is as follows: 4244 Lawrence Ave E - $3,231.43 | 4246 Lawrence Ave E - $3,331.37 | 1 Collinsgrove Road - $3,364.68. Toronto is enabling six-storey housing on major residential streets through Official Plan Amendment 727 and a corresponding Zoning By-law Amendment (By-law 608-2024), which were adopted in June 2024, though some aspects remain under appeal at the Ontario Land Tribunal. This policy change permits small-scale apartment buildings and townhouses up to six storeys along major streets in Neighbourhoods areas, aiming to increase housing supply by creating more mid-rise developments near existing transit and services.
Property details
Property
- Property type
- vacant land
- Interior size
- 47,916 sq ft
- Zoning
- rd (F15.0;A696) (x1300)
- Possession
- TBA
Exterior & services
- Sewer
- Sanitary+Storm
Costs
- List price
- $7,900,000
- Property taxes
- $13,000 / year (2025)
- Price per sq ft
- $165
Listing
- MLS® number
- E13642934
- Status
- For sale
- Listed
- August 6, 2026
- Days on market
- 91
- Last updated
- August 6, 2026
- Listing brokerage
- HOMELIFE NEW WORLD REALTY 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 92% of comparable vacant land listings in Toronto are asking less.
- This home
- $165 / sq ft
- Comparable median
- $263 / sq ft
Based on 95 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $34,944.36
- Property tax (est.)
- $1,083.33
- Estimated monthly
- $36,028
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
- $183,975
- Toronto municipal
- $300,975
- Total due on closing
- $484,950
An estimate on the asking price of $7,900,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOMELIFE NEW WORLD REALTY 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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