Colliers International on behalf of Fiera FP Real Estate Financing Fund, L.P (the “Seller”), is pleased to offer the opportunity to acquire 49–59 Lawrence Avenue East (the “Property” or “Site”), a 15,028 SF redevelopment site in Lawrence Park, one of Toronto’s most coveted residential enclaves. The site is proposed for a 10-storey residential mid-rise building, delivering 50 residential units and offering a total Gross Floor Area of 68,702 sf, sitting in the Protected Major Transit Station Areas (PMTSA). Ranked as Canada’s wealthiest community in 2011, Lawrence Park offers historic charm and affluence, with sustained buyer demand willing to pay a premium to live in the area - reinforcing its position as one of Toronto’s most coveted addresses. The site is near an array of exceptional amenities designed to enhance residents’ quality of life, with only a 3-minute walk to Lawrence Park Subway station, providing seamless city connectivity. From top-rated schools nearby to an abundance of dining and retail options along Yonge Street, residents enjoy the convenience of urban living. The surrounding area is predominantly single-family homes, with very limited existing or planned condominium and rental supply. As the condo and rental markets work through a pause in new applications and development, this site is well positioned to capitalize on the lack of supply and rising demand for mid-rise residential product in Lawrence Park.