More Photos More Photos

view of miscellaneous property collateral

view of a document with a collage of images

view of front of home with brick siding, concrete driveway, a chimney, and a balcony Features: fence, brick siding, driveway, built in garage, gutters, balcony, chimney, downspout, lawn, concrete foundation

view of front of property featuring brick siding, driveway, a chimney, and a front yard Features: brick siding, balcony, built in garage, driveway, lawn, concrete foundation, chimney

unfurnished room featuring dark wood-style flooring and recessed lighting Features: textured ceiling, recessed lighting, baseboards wall, stairs, vent, natural light, drywall, wood finish floor

spare room with dark wood finished floors, recessed lighting, and a textured ceiling Features: textured ceiling, vent, drywall, baseboards wall, natural light, recessed lighting, wood finish floor

unfurnished living room featuring dark wood-style flooring and a chandelier Features: baseboards wall, stairs, drywall, notable chandelier, vent, wood finish floor, natural light, recessed lighting

unfurnished dining area with hanging lights and dark wood-style flooring Features: natural light, baseboards wall, drywall, notable chandelier, wood finish floor, refrigerator

unfurnished dining area with hanging lights and dark wood-style floors Features: drywall, wood finish floor, baseboards wall, notable chandelier, natural light

kitchen featuring stainless steel electric stove, white cabinetry, and light countertops Features: white cabinets, natural light, sink, backsplash, countertops, range hood, range oven

fenced backyard featuring a patio area Features: patio, fence, lawn

kitchen featuring stainless steel electric range oven, white cabinets, light countertops, and exhaust hood Features: white cabinets, natural light, backsplash, countertops, sink, range hood, range oven

view of fenced backyard Features: central ac, fence, lawn

rear view of house featuring a patio, a fenced backyard, and brick siding Features: patio, chimney, fence, gutters, downspout, brick siding, concrete foundation

fenced backyard with a patio Features: patio, fence, lawn

rear view of property featuring a patio, brick siding, and a chimney Features: central ac, gutters, brick siding, downspout, lawn, fence, patio, chimney, concrete foundation

back of house featuring brick siding, a chimney, and a deck Features: chimney, lawn, brick siding, central ac, downspout, gutters, concrete foundation, patio, deck, fence, bulkhead entry

rear view of house featuring brick siding and a wooden deck Features: gas meter, brick siding, concrete foundation, fence, lawn, bulkhead entry, downspout, deck, central ac

back of house featuring brick siding Features: fence, deck, brick siding, downspout, gutters

back of property with brick siding and a patio Features: fence, concrete foundation, patio, downspout, gutters, brick siding

rear view of house with brick siding, a deck, and a chimney Features: fence, patio, brick siding, downspout, chimney, deck, gutters

rear view of house featuring brick siding and a patio Features: downspout, concrete foundation, fence, lawn, gas meter, central ac, brick siding, patio

‹ › ×

For Sale - 298 Newton Drive, Toronto, Ontario

298 Newton Drive

Toronto , Ontario

3 $1,988,000

Est payment $9,546/mo

Get pre-qualified

Time on Jump 47 day

AI Summary *

Solid brick home with 4+1 bedrooms and 4 washrooms for versatile living.
Strategic high-exposure corner location offers great potential for development.
Zoning supports multiple residential units, ideal for investors and developers.
Flexible access and site design options for various building projects.
Convenient access to transit and amenities in a growing urban area.

Mortgage Calculator

Purchase Price

Term

Interest Rate

Payment Frequency

Down Payment:
$ 99,400 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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 ft 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! ** possible options:1)property previously received a notice of approval conditions (n. O. A. C.) from the city of toronto for rezoning approval permitting six (6) three-storey freehold townhouse units with vehicular access from newton drive and six parking spaces. Buyer to verify status and requirements for renewal/reinstatement with the city. 2) 3-storey multi unit purpose built rental as per ** cmhc mli select ** 3) under the ehon intuitive bylaw, allowing for the creation of a 4-story stacked townhouse community of up to 19 units!! 4) for those considering a larger vision, the property's strategic location and assembly potential with adjacent lots enable the possibility of a 6-storey boutique condo project, accommodating up to 60 units. 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, all amenities, and key urban!! The proposed renderings are attached

Listing IDC12953274

Address298 Newton Drive

CityToronto, Ontario

Price$1,988,000

Bath3 Full

StyleLand

TypeVacant Land

StatusFor Sale

Extras

Subtype LandHeating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

Market Info

Listing Agency:
RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Request a Tour
Request Info

ASAP

Thu

May

Fri

May

Sat

May

Sun

May

Mon

May

Tue

May

Wed

May

Thu

May

Fri

May

Sat

May

Sun

May

Mon

Jun

Tue

Jun

Wed

Jun

Thu

Jun

Fri

Jun

Sat

Jun

Sun

Jun

Mon

Jun

Tue

Jun

Wed

Jun

Thu

Jun

Fri

Jun

Sat

Jun

Sun

Jun

Mon

Jun

Tue

Jun

Wed

Jun

Thu

Jun

In-Person Video Chat

By clicking “Get pre-qualified” and/or 'Submit' you are expressly consenting, in writing, to receive telemarketing and other messages, including artificial or prerecorded voices, via automated calls or texts from jumprealty.ca and up.mortgages at the number you provided above. This consent is not required to purchase any good or service. Message and data rates may apply, frequency varies. Text HELP for help or STOP to cancel. More details in Terms of Use and Privacy Policy.

Listing Agency:
RE/MAX REALTRON BIJAN BARATI REAL ESTATE

* Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

Hospital

Parks

Schools

Place of Worship

Please select an amenity above to view a list.

For Sale - 298 Newton Drive, Toronto, Ontario

AI Summary *

Mortgage Calculator

Property Info

Extras

Market Info

View Amenities List

Recommended Properties