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$ 1,888,000

148 Newton Drive, Toronto C14, ON M2M 2N3

Toronto C14, ON, M2M 2N3

MLS® Number : C12276326

5 Beds / 6 Baths / 5 Parking

Lot Front: 61.4 Feet / Lot Depth: 123.5 Feet

Description


Attention Builders & Investors! Discover the ultimate value-add opportunity at 148 Newton Dr., located in one of North York sought-after neighbourhoods. This rare offering comes with approved building permits for a custom luxury home with over 5,000 square feet and is already generating strong cash flow with a AAA tenant. Situated on a premium 61 x 123 lot, this property is ideal for redevelopment or as a high-yield income property, Surrounded by multi-million-dollar custom homes. Live in, rent out, or build newthe choice is yours. This is a turn-key opportunity with permits in hand and steady rental income, perfect for savvy investors, developers, or end-users planning a future custom build.

Extras


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Property Type

Detached

Neighbourhood

Newtonbrook East

Garage Spaces

5

Property Taxes

$ 8,033

Area

Toronto

Additional Details


Building


Bedrooms

5

Bathrooms

6

Utilities


Water

Municipal

Sewer

Sewer

Features


Kitchen

2

Family Room

Yes

Basement

Separate Entrance, Finished

Fireplace

No

External Features


External Finish

Brick

Property Features


Cooling And Heating


Cooling Type

Central Air

Heating Type

Forced Air

Bungalows Information


Days On Market

0 Days

Rooms

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Imperial


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