$999,999
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1853 Lawrence Avenue, Toronto (wexford-Maryvale), ON M1R2Y3

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- Beds
0 Baths
2,799 Sq Ft

An exceptional mixed-use investment opportunity in a prime Toronto location at Lawrence Ave. E. & Pharmacy Ave. This well-maintained commercial/residential property offers immediate upside with both owner-user and investor appeal.The main floor features approximately 1, 100 sq. ft. of retail space, currently vacant, providing the flexibility to establish your own business or secure a new tenant at today's market rents. The zoning permits a wide variety of retail and commercial uses, including a restaurant, caf, barber shop, salon, spa, professional office, convenience retail, and many other permitted operations.The approximately 900 sq. ft. basement will be delivered vacant on closing, offering valuable additional space for storage, office use, or business operations. The retail unit is also being offered for lease at $3, 500/month plus TMI, presenting an excellent leasing opportunity for investors.The upper residential unit is currently tenanted on a month-to-month basis, generating $1, 930 per month, providing immediate rental income with future flexibility.With strong income potential and a projected capitalization rate exceeding 6.7%, this property represents an outstanding opportunity for investors seeking stable cash flow and long-term appreciation, as well as owner-operators looking to occupy the commercial space while benefiting from residential rental income.Ideally situated in a high-traffic corridor with excellent visibility, strong pedestrian exposure, TTC access, and close proximity to major highways, schools, and established residential neighbourhoods. A rare chance to own a versatile mixed-use asset in one of Toronto's sought-after commercial districts with significant upside potential. (id:58753)

Listing By: AHMAD AL LAMI - RE/MAX MILLENNIUM REAL ESTATE
Source: CREA #E13579286 Listing provided courtesy of Canadian Real Estate Association
  • MLS® E13579286
  • Date Listed07/17/2026
  • Days on Realty 77 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public
  • Square Feet 2,799 sq. ft
  • Price Per Sq. Ft $357.27

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Lawrence Ave & Pharmacy Ave

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for M1R2Y3

Discover key demographics, population statistics, and environmental insights for the Toronto (wexford-Maryvale), ON area.

Walkability in ON / M1R2Y3

Source: Walk Score

85/100

Very Walkable

Walk Score ®

66/100

Good Transit

Transit Score ®

56/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

Transit Summary

11 nearby routes: 11 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 72/100, Transit Score: 69/100, Bike Score: 55/100.

Points of Interest near 1853 LAWRENCE AVENUE, Toronto (Wexford Maryvale), ON M1R2Y3

Frequently Asked Questions for 1853 LAWRENCE AVENUE

Source: Realty.com

1853 LAWRENCE AVENUE, Toronto (Wexford Maryvale), ON M1R2Y3 in Toronto (Wexford-Maryvale), ON M1R2Y3 is a other listed at $999,999. Highlights include 2,799 sq. ft., $357 per sq. ft.. Realty.ca has 27 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 27 photos of 1853 LAWRENCE AVENUE.

The full address for this home is 1853 LAWRENCE AVENUE, Toronto (Wexford Maryvale), ON M1R2Y3.

1853 LAWRENCE AVENUE has been listed on Realty.com since Fri July 17, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 72/100, Transit Score: 69/100, Bike Score: 55/100.

Listing provided courtesy of: RE/MAX MILLENNIUM REAL ESTATE
Listing agent: AHMAD AL LAMI

This content last refreshed on 2026-10-02 14:23:42. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.