1853 Lawrence Avenue East presents an opportunity to acquire a mixed-use commercial and residential asset positioned at the intersection of Lawrence Avenue East and Pharmacy Avenue in Toronto's Wexford-Maryvale community. The property combines a street-facing commercial component with an upper residential unit, creating a blend of income generation and future occupancy flexibility. The ground-floor retail space is currently vacant, allowing an owner-occupier to establish a business presence immediately or an investor to pursue leasing at prevailing market rates. The property's zoning permits a variety of commercial uses, including retail, restaurant, café, personal service, office, and convenience-oriented operations. The basement is expected to be delivered vacant at closing, creating additional flexibility for storage, operational support, or future adaptation subject to applicable regulations. The residential unit is currently occupied on a month-to-month tenancy, providing in-place income while preserving future optionality for the next owner. The property's location along Lawrence Avenue East benefits from visibility to passing traffic, access to public transit, and connectivity to surrounding residential neighbourhoods that support local commercial activity. Its proximity to major transportation routes further enhances accessibility for customers, employees, and service providers. The combination of vacant commercial space, residential income, flexible zoning, and a well-established Toronto location creates a versatile ownership opportunity suited to investors and owner-users seeking a mixed-use asset with multiple paths for value creation and occupancy.