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Home ON Greater Toronto Area Toronto North York Newtonbrook East
298 NEWTON DRIVE
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298 NEWTON DRIVE $3,998,800
4 days ago
$3,998,800
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298 NEWTON DRIVE
Toronto (Newtonbrook East), Ontario M2M2P8

MLS® Number: C12024573
3
Bathrooms
8643
Square Feet

Listing 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. (40060483)

Location Description

Bayview Ave & Steeles Ave

Property Summary

Property Type
Business
Square Footage
8643 sqft
Community Name
Newtonbrook East
Land Size
Bldg=83.25 x 101.08 FT ; Slight curve at the corner
Annual Property Taxes
$7,975
Total Parking Spaces
6
Time on REALTOR.ca
4 days

Building

Bathrooms
Total
3
Interior Features
Appliances Included
Dishwasher, Hood Fan, Stove, Refrigerator
Building Features
Features
Irregular lot size
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Parking
Total Parking Spaces
6

Measurements

Square Footage
8643 sqft
Exterior Building Size
8643 sqft

Land

Lot Features
Frontage
83 ft ,3 in
Land Depth
101 ft
Other Property Information
Zoning Description
Residential/ Development Approval
Farm Features
Farm Type
Other
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
BIJAN BARATI