Residential

[SOLD] 4334-4340 Lawrence Ave. East

Project Introduction

We leveraged our development and valuation expertise to facilitate and assembly of land at this site. Build Toronto (now part of CreateTO) 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. The development includes approximately 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: 25 - Scarborough-Rouge Park
Councillor: Jennifer McKelvie
Site Area (acres): 1.7
Past Use: Vacant
Proposed Use: Residential
Official Plan - Land Use Designation: Neighbourhood