H I S T O R Y
Lawrence Manor was farmland from the early 1800's until the 1940's when the Canada Mortgage and Housing Corporation purchased this property for residential development. CMHC serviced this entire subdivision putting in water service, sewers, and roads, before selling off individual lots to a number of small builders in the early 1950's. The first Lawrence Manor buyers had to qualify for a CMHC mortgage. These mortgages were for 25 years at a rate of only four and a half percent! Cows were still grazing on the north-west corner of Bathurst Street and Lawrence Avenue in 1951 when the first residents began moving into this neighbourhood. Lawrence Plaza was built on the site of this former cow patch in 1960. Lawrence Plaza was the largest shopping centre in Toronto, when it first opened. It attracted shoppers from all over Toronto and helped put the Lawrence Manor neighbourhood on the map. ALLEN MAYER |
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Lawrence Manor in Toronto
by
Toronto Real Estate Blog
on Tue 02 Jan 2007 10:47 AM CST | Permanent Link
Keywords:
Toronto
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![]() ALLEN MAYER Commercial Vice-President Salesperson Right at Home Realty Inc. Brokerage 895 Don Mills Rd. Suite 202 Toronto, Ontario M3C 1W3 Office:416.391.3232 Fax:416.391.0319 DIRECT LINE: 416.633.7767 ![]() This Month
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