$3,288,000 - 390 Glencairn Avenue, Lawrence Park
Land for Sale in Lawrence Park
Neighbourhood: Lawrence Park South
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- MLS Number
- C13762132
- Property Type
- Land
- Status
- active
- Days on Site
- 28
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- N/A sqft
- Neighbourhood
- Lawrence Park / Bedford Park
- Taxes (2026)
- $18,368
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
390 Glencairn Avenue is a rare 50 x 174 ft premium building lot in one of Toronto's most prestigious midtown neighborhoods. With the previous home fully demolished, the site is vacant, cleaned & graded. This extra-deep lot offers exceptional frontage and depth. Buyers can design and build a custom home from the ground up, or take advantage of the existing approvals and permits already issued for a three-story luxury residence of approximately 9,000 total sq ft, Living space. The generous lot size also supports a spacious rear yard with outdoor living and pool potential. Located in the coveted Lawrence Park South / Lytton Park pocket, the property is surrounded by established multi-million-dollar homes and ongoing luxury redevelopment, reinforcing long-term value and prestige. The street is quiet and tree-lined, with a mature community feel that strongly appeals to end-users .Enjoy easy access to top-rated public and private schools, Avenue Road and Yonge Street shopping and dining, TTC transit, and major routes for convenient access to downtown and key midtown business districts. An exceptional land-only opportunity, ideal for custom builders, end-users working with an architect, or investors seeking a blue-chip infill lot in a premier Neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$14,543.93/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Lawrence Park South
Lawrence Park South is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Lawrence Park South
- •Convenient location in Lawrence Park / Bedford Park
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Lawrence Park South offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
390 Glencairn Avenue, Lawrence Park / Bedford Park
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Key factors for evaluating this land parcel
Land Due Diligence Checklist
· Confirm zoning designation and all permitted uses
· Verify servicing (water, sewer, hydro) at lot line
· Order a Phase 1 Environmental Site Assessment
· Obtain an up-to-date survey (boundaries, easements)
· Review development charges and levies with the municipality
· Consult a land use planner on development feasibility
Commercial Financing Note
Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Zoning & Permitted Use
Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Lawrence Park planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.
Land Market Timeline
Vacant land typically takes longer to sell than residential homes — 60 to 180+ days is common. Commercial and development-oriented buyers need time to conduct feasibility studies, consult planners, and arrange specialized financing. Don't read anything into the days-on-market figure without comparing to similar parcels in Lawrence Park.
Servicing & Infrastructure
A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Lawrence Park's development charges. This can make or break a project's feasibility.
Environmental & Survey
I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.
Development Approval Timeline
If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.
Let's Walk Through It Together
Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.