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Commercial Property in Toronto
About 3601 Lawrence Avenue East
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.
Toronto retail priced at $10,999,000 — book a tour to see if it fits your search.
Inside 3601 Lawrence Ave E
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
3601 Lawrence Ave E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 3601 Lawrence Ave E. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5079.0%On average, homes sold at or above asking.
Active listings13,798Homes for sale here right now.
Median vs prior 90 days+2.6%Compared with Apr 19 – Jul 18, 2026: prices up.
Based on 9,337 sales from Jul 18 – Oct 16, 2026 (6,683 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
3601 Lawrence Ave E is listed at $10,999,000 (MLS® E13225524). Summitly updates the price as soon as the MLS® record changes.
Has the price of 3601 Lawrence Ave E changed?
Yes — it was first listed at $12,990,000 and is now $10,999,000, a drop of $1,991,000 (15.3%).
How many bedrooms and bathrooms does 3601 Lawrence Ave E have?
The listing for 3601 Lawrence Ave E doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 3601 Lawrence Ave E close to transit?
The nearest rapid-transit station is Guildwood GO Station (Lakeshore East GO), about 2.1 km in a straight line. Eglinton GO Station is about 2.3 km, and Kennedy Station is about 4.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 3601 Lawrence Ave E compare with other homes in Toronto?
Its asking price of $10,999,000 is about 1198% above the median sold price in Toronto over the last 90 days, $847,500, across 9,337 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 3601 Lawrence Ave E been sold before?
Summitly has no earlier MLS® sale or lease of 3601 Lawrence Ave E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3601 Lawrence Ave E?
3601 Lawrence Ave E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3601 Lawrence Ave E been on the market?
137 days — 3601 Lawrence Ave E was listed on June 1, 2026.
What is the land transfer tax on 3601 Lawrence Ave E?
About $821,850 at the asking price of $10,999,000: $261,450 Ontario land transfer tax plus $560,400 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 3601 Lawrence Ave E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 3601 Lawrence Ave E?
The listing for 3601 Lawrence Ave E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 3601 Lawrence Ave E built?
The listing for 3601 Lawrence Ave E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.