[SOLD] 4334-4340 Lawrence Ave. East

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Residential
Residential

[SOLD] 4334-4340 Lawrence Ave. East


Site Introduction

We leveraged our development and valuation expertise to facilitate and assembly of land at this site. Build Toronto negotiated a transaction with Insoho Developments Inc., the private owner of a parcel of land located in between 4334 and 4340 Lawrence Avenue East so that a planned residential development could be built across all three sites. Plans for the development include 23 detached homes at comparable prices for the neighbourhood, offering a new affordable housing type in this area of Scarborough.

Details

Major Intersection: Lawrence Avenue East and Kingston Road
Surrounding Uses: Established low-density residential neighbourhoods to the north, east and west. Directly south of the site is Toronto Police Services 43 Division, which is also surrounded by low-density residential neighbourhoods.
Ward: 44 - Scarborough East
Councillor: Ron Moeser
Site Area (acres): 1.7
Past Use: Vacant
Proposed Use: Residential
Official Plan - Land Use Designation: Neighbourhood
  • North aerial view of the two slivers of land that were declared underutilized by the City (2012)

    North aerial view of the two slivers of land that were declared underutilized by the City (2012)

  • South aerial view of the two slivers of land that were declared underutilized by the City (2012).

    South aerial view of the two slivers of land that were declared underutilized by the City (2012).