4240* Lawrence Avenue, Toronto, ON M1E 2S6
West Hill, Toronto · Near Lawrence Ave E/Morningside Ave · View map
About this home
*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.
The home
- Type
- Land
- Square footage
- 1.1 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $13,000/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- TBA
- Cross street
- Lawrence Ave E/Morningside Ave
- Neighbourhood
- West Hill
More
- MLS® number
- E13642934
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
4240* Lawrence Avenue, Toronto, ON M1E 2S6
West Hill, Toronto · Near Lawrence Ave E/Morningside Ave
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Listing history for 4240* Lawrence Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 4240* Lawrence Avenue
Answers come straight from this home’s MLS® listing.
How much is 4240* Lawrence Avenue listed for, and what would it cost each month?
4240* Lawrence Avenue is listed for $7,900,000. With 20% down ($1,580,000), the mortgage payment would be roughly $31,866 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $32,950 a month, all in. That figure is an illustration, not a quote.
Is 4240* Lawrence Avenue freehold or a condo, and is there a monthly fee?
4240* Lawrence Avenue is a land in West Hill, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 4240* Lawrence Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 4240* Lawrence Avenue?
4240* Lawrence Avenue is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
What are the property taxes for 4240* Lawrence Avenue?
Property taxes are $13,000 a year (2025), or about $1,083 a month.
Where is 4240* Lawrence Avenue?
4240* Lawrence Avenue is in the West Hill community of Toronto. The nearest main intersection is Lawrence Ave E/Morningside Ave. The postal code is M1E 2S6.
Is 4240* Lawrence Avenue still for sale?
Yes. It is an active listing (MLS® E13642934). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 4240* Lawrence Avenue asking?
Similar properties for sale nearby right now include 650 Coronation Drive at $7,500,000, 15 Chemical Court at $8,549,000 and 301-311 Queen Street E at $7,950,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 4240* Lawrence Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 4240* Lawrence Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
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Courtesy of: HOMELIFE NEW WORLD REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.