137 Newlands Avenue, Toronto E04, ON

$775,000

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3

Beds

3

Baths

700

Square feet

About 137 Newlands Avenue

Investors Special! Rare opportunity to own a multi-unit property in a highly desirable Scarborough location. This home features a 3-bedroom main level plus two separate basement units, one with a full kitchen and one with a kitchenette, offering excellent income potential. Property needs TLC making it the perfect project for builders, contractors, and savvy investors. Prime location! Walking distance to TTC, steps to school, parks, and community amenities. Just 5 minutes to Warden Subway Station, 3 km to GO Transit, and close to the future Eglinton LRT. Shopping, restaurants, and trails are all nearby in this established, family-oriented neighbourhood. Don't miss this chance to renovate, rebuild, or hold as a long-term investment. Current tenants paying $2102/month for main floor unit. Basement units each rented for $820/month previously.

Features of 137 Newlands Avenue

MLS® # E12391927
Price $775,000
Bedrooms 3
Bathrooms 3.00
Square Footage 700
Type Residential Freehold
Sub-Type Semi-Detached
Style Bungalow
Status Active

Community Information

Address 137 Newlands Avenue
Area Toronto
Subdivision Clairlea-Birchmount
City Toronto E04
Province ON
Postal Code M1L 1S2

Amenities

Parking Spaces 3
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace No
Basement Apartment, Finished

Exterior

Exterior Stone

Listing Details

OfficeRE/MAX KEY2 REAL ESTATE

Listing Map

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