ON > Toronto C14 > Newtonbrook East
Toronto C14, ON M2M 2P8,298 Newton DR
See all 10 photos
Toronto C14, ON M2M 2P8,298 Newton DR
Toronto C14, ON M2M 2P8,298 Newton DR
Toronto C14, ON M2M 2P8,298 Newton DR
Toronto C14, ON M2M 2P8,298 Newton DR
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
25
Apr
Sat
26
Apr
Sun
27
Apr
Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 3,998,800
Est. payment /mo
Save
Active

298 Newton DR Toronto C14, ON M2M 2P8

3 Baths

8,643 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 8,643 sqft

Price per Sqft $462

Subdivision Newtonbrook East

MLS Listing ID C12024573

Annual Tax Amount $7,975

Tax Year 2024

Property Sub-Type Investment

Lot Depth 101.08

Lot Front 83.25

Property Description

Fantastic Opportunity >> Strategic Property Right On the Corner Of Bayview Ave & Newton Dr, With A 100 Ft Exposure On Bayview Ave. Potential For Development Project! Excellent High Demand Location! Current Owner Has the Re-Zoning City Approval For Six (6) 3-Storey Freehold Townhouse Units with Vehicular Access from Newton Drive and 6 Parking Spaces, (with Ready N.O.A.C from City)! There Are Other Possibilities for Stacked Townhouses Or Mid-Rise Condo Boutique >> This Property Presents an Exceptional Development Opportunity under the EHON Intuitive Bylaw, Allowing for the creation of a 4-Story Stacked Townhouse Community of Up to 19 Units. Ideal for Developers Aiming to Expand Housing Options within a Thriving Area, the Site Offers a Unique Blend of Density and Design Potential. 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. Buyer/Buyer Agent To Verify All with City Planner! Situated Near Key Amenities and Transit, This Site Is Poised for a High-Demand Residential Project That Blends of Modern Living with Community Connectivity, Making It a Prime Investment for Innovative Developers.

Location

Province ON

County Toronto

Community Newtonbrook East

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 83.25

Lot Depth 101.08

Listed by RE/MAX REALTRON BIJAN BARATI REAL ESTATE
agent

Jethro Seymour

Broker

+1(416) 712-0767

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Seymour Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

298 Newton DR

TORONTO NEIGHBOURHOODS
There are 30 quick searches