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. (id:52316)
RE/MAX KEY2 REAL ESTATE
$775,000
137 NEWLANDS AVENUE, Toronto, Ontario
5 Bedrooms
3 Bathrooms
Property
MLS® Number: E12391927
Address: 137 NEWLANDS AVENUE
City: Toronto
Style: Bungalow
Exterior: Stone
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 3
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Property Sale History
Travel and Neighbourhood
80/100Walk Score®
Very Walkable
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Location
