3601 Lawrence Avenue E
3601 Lawrence Avenue E
$10,999,000
$125/sq ft · 80 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $47,922 |
| Property Tax (MLS) | $16,542 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $64,463 |
Down payment: $2,199,800 (20.0%) · Mortgage: $8,799,200
Property tax uses MLS annual tax of $198,501/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by LUXURY HOMES WORLD INC.
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Data last updated: August 23, 2026 at 06:25 a.m.