$1,988,000
298 Newton Dr
Toronto C14, ON M2M 2P8
298 Newton Dr, Toronto C14 — Listed at $1,988,000. 5 bedroom, 4 bathroom 2-Storey Detached. MLS® C12953238.
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
Property Details
Listing Courtesy of: RE/MAX REALTRON BIJAN BARATI REAL ESTATE
MLS® #C12953238
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HouseIndex Take: 298 Newton Drive
This detached (2-Storey) is located in the Newtonbrook East neighbourhood of Toronto.
The home offers 5+1 bedrooms, 4 bathrooms.
Features include a finished basement, 6 parking spaces including a 2-car garage.
Additional details: lot dimensions of 83.25 × 101.08 feet.
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About Toronto Real Estate
This Detached is located in the Newtonbrook East community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth.