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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 46 days

    3601 Lawrence Avenue E

    Woburn·Toronto, ON·M1G 1P5·Near Markham and Lawrence

    • 88156.34 sqft
    Toronto real estate›E12728178
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    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.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • 2 ACRE PLAZA: Prime commercial investment in the heart of Scarborough's Woburn district (MARKHAM&LAWRENCE).
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 1, 2026Previously listedPc$10,999,000 —E13225524View
    Jun 1, 2026Previously listedNew$12,449,900 —E13229806View
    May 10, 2026Previously listedTer$12,990,000 —E13108938View
    Jan 25, 2026ListedCurrentFor sale$15,999,999 —E12728178This page
    Jan 18, 2026Previously listedTer$16,490,000 —E12710652View
    Nov 25, 2025Previously listedTer$249,990 —E12575722View
    Sep 29, 2025Previously listedTer$299,990 —E12432647View
    Jul 28, 2025Previously listedTer$400,000 —E12316137View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Gas Forced Air Open
      Air conditioning
      Yes
      Water source
      Municipal
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 3601 Lawrence Avenue E
    What's nearby

    Points of interest classified by the MLS® feed.

    • Major Highway
    • Public Transit
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $78,603
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $16,542
    1.24% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,097,185
      Last 30 days
    • Median sold price
      $862,071
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,709
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 3601 Lawrence Avenue E — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 3601 Lawrence Avenue E and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 3601 Lawrence Avenue E listed for?

      3601 Lawrence Avenue E is listed at $15,999,999 on the MLS® (listing E12728178). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 3601 Lawrence Avenue E have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. Commercial Retail
  2. Built 51-99
  3. Asking
    $15,999,999
    $181 / sqft · MLS® E12728178
    Chat Zara
    Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,097,185
    $1,009,410Confidence range$1,184,960
    Asking vs estimate
    ↑↑well-above
    +$14,902,814
    (+1358.3%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 46 days.

    Avg sold price
    $1,097,185
    Median sold
    $862,071
    Avg days on market
    28
    Recently sold
    6709
    See comparable sales
  4. Supported by 12 established long term tenants, the asset provides strong stability with low vacancy exposure.
  5. Ask Zara a follow-up
    Sanitary Available
  6. Parking & garage

    1
    Garage
    None
  7. Interior

    1
    Elevator
    None
  8. Lot & land

    2
    Year built
    51-99
    Zoning
    CR0.4(c0.4;r0)*366)
  9. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Commercial Condo
    Property class
    Commercial Retail
  10. Combined estimate
    $95,145
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $78,603
    /mo
    based on the purchase price of $15,999,999
    $3,200,000 cash
    $12,799,999 financed
    $10,780,959 total interest
    Monthly payment$78,603/ month
    Principal54%$12,799,999
    Interest46%$10,780,959

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable commercial retails that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 2455 St Clair Avenue
      Sold
      Sign in for price
      2455 St Clair Avenue
      Commercial Retail
    AddressBd / BaSqftSold$/sqft% of askSold
    3601 Lawrence Avenue EThis home0 / 088,156.34$15,999,999ask$181——
    2455 St Clair Avenue0 / 02,560—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More commercial retails in Toronto

    Active listings within ±20% of this asking price.

    • 1087-1089 Queen Street
      $16,900,000
      1087-1089 Queen Street
      Commercial Retail
    • 761 Queen Street
      $13,999,000
      761 Queen Street
      Commercial Retail
    • 5308 & 5310 Dundas Street
      $15,000,000
      5308 & 5310 Dundas Street
      Commercial Retail
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of LUXURY HOMES WORLD INC. · displayed on Summitly per MLS® data-share rules

    3601 Lawrence Avenue E is a 88156.34 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 3601 Lawrence Avenue E built?

    3601 Lawrence Avenue E was built in 51-99. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  16. What is the property tax for 3601 Lawrence Avenue E?

    The 'Property tax' tab in the History section shows the most recent annual tax for 3601 Lawrence Avenue E plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 3601 Lawrence Avenue E?

    The affordability calculator on this page shows an estimated monthly mortgage for $15,999,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 3601 Lawrence Avenue E been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 3601 Lawrence Avenue E with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 3601 Lawrence Avenue E in?

    3601 Lawrence Avenue E is in Woburn, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  20. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.