Attention Builders & Investors! Discover the ultimate value-add opportunity at 148 Newton Dr., located in one of North York sought-after neighbourhoods. This rare offering comes with approved building permits for a custom luxury home with over 5,000 square feet and is already generating strong cash flow with a AAA tenant. Situated on a premium 61 x 123 lot, this property is ideal for redevelopment or as a high-yield income property, Surrounded by multi-million-dollar custom homes. Live in, rent out, or build newthe choice is yours. This is a turn-key opportunity with permits in hand and steady rental income, perfect for savvy investors, developers, or end-users planning a future custom build.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Sidesplit 3
Total Approx Floor Area:
1500-2000
Depth:
123'6"37.6 m
Frontage:
61'4¾"18.7 m
Direction Faces:
North
Bedrooms:
4+1
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
7
Rooms Below Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Separate Entrance, Finished
Fireplace/Stove:
No
Garage:
Built-In
Garage Spaces:
1.0
Parking Features:
Private
Parking Spaces:
4
Total Parking Spaces:
5.0
Family Room:
Yes
Possession Details:
60-90 days
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$8,033 /
2024
Assessment:
$- /
-
Toronto C14
Newtonbrook East
Toronto
Auto Garage Door Remote, Carpet Free
Brick
None
Floor
Type
Size
Other
Main
Living Room
21'8"6.60 m × 13'1½"4.00 m
Combined w/Dining, Laminate
Main
Dining Room
12'3.66 m × 10'4"3.15 m
Combined w/Living, Laminate
Main
Kitchen
12'3.66 m × 10'8"3.25 m
Ceramic Floor, Window
Main
Family Room
19'8¼"6.00 m × 13'1½"4.00 m
Laminate, Closet, Sliding Doors
Main
Laundry
7'10½"2.40 m × 2'9½".85 m
Ceramic Floor, Glass Doors
Upper
Primary Bedroom
12'2"3.71 m × 11'3.35 m
3 Pc Ensuite, Window, Closet
Upper
Bedroom 2
11'5¾"3.50 m × 9'¼"2.75 m
Window
Upper
Bedroom 3
10'6"3.20 m × 10'4"3.15 m
Closet, Window
Basement
Bedroom
12'2"3.71 m × 10'2"3.10 m
Basement
Kitchen
13'1½"4.00 m × 13'1½"4.00 m
Basement
Laundry
Measurements not available
Basement
Living Room
Measurements not available
Floor
Ensuite
Pieces
Other
Upper
No
4
6'6¾" x 6'3" 4 Pc Bath, Window, Ceramic Floor
Upper
No
3
9'10" x 4'5" 3 Pc Bath, Separate Shower, Ceramic Floor
Data was last updated July 11, 2025 at 06:15 PM (UTC)
Area Statistics
Listings on market:
73
Avg list price:
$1,850,000
Min list price:
$998,000
Max list price:
$6,800,000
Avg days on market:
43
Min days on market:
1
Max days on market:
330
These statistics are generated based on the current listing's property type
and located in
Newtonbrook East. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.