Alkesh Patel

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137 NEWLANDS AVENUE, Toronto, Ontario

$775,000

5 Beds
3 Baths

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:56241)

Listing ID: E12391927
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Office	Basement	5 m x 3.87 m
Bedroom	Basement	5.3 m x 3.87 m
Living room	Main level	6.8 m x 3.5 m
Dining room	Main level	6.8 m x 3.5 m
Kitchen	Main level	5.23 m x 3.12 m
Primary Bedroom	Main level	3.82 m x 3.13 m
Bedroom 2	Main level	3.85 m x 2.85 m
Bedroom 3	Main level	3 m x 2.88 m

Details

Architectural Style: Bungalow
Amenities Nearby: Park, Public Transit, Schools
Equipment: Water Heater, Furnace, Heat Pump
Ownership: Freehold
Parking Spaces: 3
Rental Equipment: Water Heater, Furnace, Heat Pump
Transaction: For sale

Building

Appliances: Water Heater
Architectural Style: Bungalow
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Apartment in basement
Bedrooms Main Level: 3
Bedrooms Lower Level: 2
Construction Style Attachment: Semi-detached
Cooling: Central air conditioning
Exterior Finish: Stone
Fireplace Present: False
Foundation: Concrete
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 700 - 1100 sqft
Stories Total: 1
Type: House

Land

Amenities: Park, Public Transit, Schools
Fence: Fenced yard
Sewer: Sanitary sewer
Size Frontage: 30 ft ,6 in
Size Irregular: 30.5 x 100 FT

Listing provided by RE/MAX KEY2 REAL ESTATE
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 137 NEWLANDS AVENUE in Toronto Ontario. It was last modified on September 9th, 2025. Contact Alkesh Patel to schedule a viewing or to discover other Toronto homes for sale.

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