42 days on Market

148 Newton Dr, Toronto, Ontario M2M 2N3

Detached
4 + 1
3
~1500-2000 sqft
$1,888,000
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Detached
4 + 1
3
~1500-2000 sqft

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Highlights

Property Estimate

Days on market42 days

Estimated valueNot available

Price/Sqft$1,101/sqft

Monthly cost

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CMA Subject Property

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+11

Properties sold*

$1.7M

Median sold price*

*Based on last 30 days

Description

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 Details

StyleSidesplit 3
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size7,582 SqFt(123.5 x 61.4)
Parking Spaces5
MLS ®NumberC12276326
Community NameNewtonbrook
Data SourceTRREB
Listing byZOLO REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Sep Entrance, Finished

Main Floor

Dining

3.65 x 3.15

Combined W/Living / Laminate

Kitchen

3.65 x 3.25

Ceramic Floor / Window

Family

6.0 x 4.0

Laminate / Closet / Sliding Doors

Laundry

2.4 x 0.85

Ceramic Floor / Glass Doors


Features

Lot size: 7,582 SqFt

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 4

Total parking spaces 5


Property History

Jul 10, 2025
ListedActive
$1,888,000
42 days on market
history photo preview21
Listing by trreb®

Market Data - Newtonbrook

Geo Zone Map ThumbnailNewtonbrook

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2024

23 days

2023

19 days

2022

27 days

New Listings

Past 30 days

47 listings

Compared to

2024

35 listings

2023

39 listings

2022

29 listings

Units sold

Past 30 days

7 units

Compared to

2024

11 units

2023

12 units

2022

9 units

Median Sold Price

Past 30 days

$1,200,000

Compared to

2024

$1,661,000

2023

$1,629,500

2022

$1,723,500


Population and Demographics

Overview

Total population 26506
Average household income $115,710

Age (%)

0 to 19
15%
20 to 34
22%
35 to 49
19%
50 to 64
21%
65 and plus
22%

Household composition (%)

Single family
62%
Single person
28%
Multi person
8%
Multi family
2%

Mother tongue (%)

English
34%
Iranian Persian
13%
Korean
9%
Mandarin
8%
Tagalog (Pilipino, Filipino)
8%
Russian
8%
Yue (Cantonese)
5%
Others
3%
Spanish
2%
Italian
2%

House tenancy (%)

Owners
53%
Renters
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget