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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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4240* Lawrence Avenue Toronto E10
For SalePrice DropWest Hill

4240* Lawrence Avenue Toronto E10, Land for Sale

MLS® E12371520

West Hill, Toronto, ON

434 days on market
$7,900,000
Previously $9,900,000
Show on Map
Show on Map
N/ABeds
N/ABaths
1Sqft
N/AParking
Land

Overview· 4240* Lawrence Avenue Toronto

MLS® #E12371520

*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.

Broker

HOMELIFE NEW WORLD REALTY INC.

Neighbourhood

West Hill

Walk 51Avg $798KArea guide

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Walk Score®88Very WalkableVery Walkable
Transit Score®71Excellent TransitExcellent Transit
Bike Score®30Somewhat BikeableSomewhat Bikeable
Schools789 schools within 1.5 km · nearest 223 m9 schools within 1.5 km · nearest 223 m
Parks444 parks within 1 km · nearest 571 m4 parks within 1 km · nearest 571 m
Convenience6810 groceries, cafes and pharmacies within 1 km · nearest 255 m10 groceries, cafes and pharmacies within 1 km · nearest 255 m
Safety11Safer than 11% of Toronto neighbourhoods (2025)West Hill: 2,298 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 4240* Lawrence Avenue Toronto

Source: MLS® listing data
4240* Lawrence Avenue Toronto

Land

4240* Lawrence Avenue Toronto

West Hill

Type

Land

Property Tax

~$3,065/yr

Buying Essentials

Square Feet

1 sqft

Finances

List Price

$7,900,000

Price per SQFT

$7,900,000/sqft

Property Tax

~$3,065/yr

Property Specs

Property Type

Land

MLS Size

1 sqft

Policies & Utilities

Neighbourhood

West Hill

Listed On

Aug 29, 2025

Public Transit

Recreation/Community Centre

Price & Listing History

Days on Market

Current: 434 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 4240* Lawrence Avenue Toronto.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$31,775/mo
Property Tax$255/mo
Total Monthly$32,031

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0