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$ 775,000
Est. payment /mo
Active
137 Newlands AVE Toronto E04, ON M1L 1S2
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Semi-Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision Clairlea-Birchmount
MLS Listing ID E12391927
Style Bungalow
Bedrooms 5
Annual Tax Amount $3,548
Tax Year 2025
Property Sub-Type Semi-Detached
Property Description
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.
Location
Province ON
County Toronto
Community Clairlea-Birchmount
Area Toronto
Rooms
Family Room No
Basement Apartment, Finished
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Other
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Pool None
Roof Type Shingles
Lot Frontage 30.5
Lot Depth 100.0
Total Parking Spaces 3
Building
Unit Features Fenced Yard,Library,Park,Public Transit,School
Foundation Concrete
Listed by RE/MAX KEY2 REAL ESTATE
