A man found with a gunshot wound in the parking lot of a Lawrence Heights plaza on Monday morning has died in hospital, police confirm.

According to investigators, a passerby located a man lying on the ground in the area of Lawrence Avenue and Via Bagnota, near Dufferin Street, early Monday morning.

It was later discovered that the victim, who has been identified by police as 22-year-old Said Ali of Toronto, had suffered a single gunshot wound.

Paramedics said Ali was rushed to hospital in critical condition. Police later confirmed that he died from his injuries.

One witness, identified only as Phillip, said he heard the shots ring out on Monday morning.

"I thought it was like firecrackers," he said. 

"I went out and checked it out and I see a guy on the ground and a car slipping right through but didn’t see the make of it." 

Homicide detectives are now on scene and police have not yet released any information on possible suspects.

Det. Joyce Schertzer told CP24 at the scene that police believe the victim and the suspect or suspects were involved in some type of exchange prior to the shooting.

"There wasn’t a fight, but I do believe... there was some kind of exchange. I don’t think it was a hostile exchange but there was some kind of an exchange with the offender or offenders," Schertzer said.  

She added that the investigation is in its infancy.

"We are hoping that people in the area, this immediate area, will contact police or Crime Stoppers… if they have any information," Schertzer said.

Lawrence Avenue was closed for the police investigation on Monday morning but the area has since reopened to traffic.