$1,988,000
298 Newton Drive, Toronto, ON M2M 2P8
5 beds4 baths6 parking 1500-2000 ft²
Key facts
- MLS®
- C12953238
- Status
- New
- Type
- Detached
- Taxes
- $8,408
- Size
- 1500-2000 ft²
- Parking
- 6 total
- Listed
- 2026-04-02
- Brokerage
- RE/MAX REALTRON BIJAN BARATI REAL ESTATE
- Cross street
- Bayview Ave & Steeles Ave
Description
This Two-Storey Solid Brick Home with 4+1 Bedrooms and 4 Washrooms, Situated in a High Exposure Strategic Location Right on the Prime Corner Of Bayview Ave & Newton Dr, With A 101 Feet Exposure On Bayview Ave and 83' on Newton Drive. It Offers a Rare Opportunity for Investors, Developers, or Visionary Homeowners, Suitable for Living, Rental Income, or Great Opportunity for Future Development!! Under the City's Updated Zoning and Intensification Guidelines, the Lot May Support the Creation of Multiple Residential Units, Making It an Ideal Candidate for Multi-Unit Housing **, Income Properties, or a Modern Townhouse Project! The Corner Positioning Allows for Flexible Access and Site Design Options! What Truly Sets This Property Apart Is Its Significant Redevelopment Potential. Buyer/Buyer Agent To Verify All Information and Proposals with City Planner! Whether You're Looking to Live, Invest, or Build, This Is a Unique Opportunity to Secure a High-Exposure/ Strategic Property with Strong Upside in a Growing Urban Area. Opportunities Like This Are Increasingly Rare-Explore the Possibilities and Unlock the Full Potential of This Prime Corner Lot, Convenient Access to Transit, and Key Urban Amenities!! The Proposed Renderings are Attached
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.