4240* Lawrence Avenue
Scarborough (West Hill), ON M1E 2S6
- —Bedrooms
- —Bathrooms
- —Garage
- —Sq Ft
- $13,000Tax
- —Lot Size
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Sale & Price History for 4240* Lawrence Avenue, Scarborough, West Hill
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 4240* Lawrence Avenue, Scarborough, West Hill
Summarized Description
- Properties located in a developing area of Toronto.
- New zoning allows six-storey buildings nearby.
- Aims to increase housing supply in the neighborhood.
- Proximity to transit and essential services.
- Properties being sold together for potential development.
*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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $13,000
- Land Transfer Tax Fee
- $416,950
Interior Features
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Land
Heating & Cooling
- Water
- Municipal
- Sewers
- Sanitary+Storm
- Municipality
- Scarborough
- Neighbourhood
- West Hill
- Main cross streets
- Lawrence Ave E/Morningside Ave
- Zoning
- rd (F15.0;A696) (x1300)
- Directions
- E
- MLS® number
- E13642934
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-05
- Updated on
- 2026-08-06
- Days on market
- 75 days
- Possession date
- 2026-08-05
- Possession type
- Immediate
- Co-op commission
- 3%+quick close bonus***
- Seller
- Listed by
- HOMELIFE NEW WORLD REALTY INC.
Home Market Value
Current home valuation for 4240* Lawrence Avenue, Scarborough, West Hill, Scarborough, ON. Listed for $7,900,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 4240* Lawrence Avenue, Scarborough, West Hill
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
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$1,580,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $6,320,000 | $5,925,000 | $5,530,000 | $5,135,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $30,857monthly | $28,929monthly | $27,000monthly | $25,072monthly |
Land Transfer Tax
$183,975
$232,975
$416,950
Around this home
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