21 days on Market

148 Newton Dr, Toronto, Ontario M2M 2N3

Detached
4 + 1
6
~1500-2000 sqft
$1,888,000
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Detached
4 + 1
6
~1500-2000 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$1,101/sqft

Monthly cost

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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
21 days on market
history photo preview21
Listing by trreb®

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