298 Newton Drive, Toronto, ON M2M 2P8

About this residence

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

Property type

Detached

Total rooms

9

Garage

Built-In

Parking spaces

4

Annual taxes

$8,408 (2025)

Possession

Immediate

Directions

BAYVIEW AVE & STEELES AVE

Location