137 Newlands Ave, Toronto, Ontario M1L 1S2

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.

Inclusions: All Existing Appliances in Working Condition Being Sold As Is. Lifetime Roof Installed By Previous Owners, Hot Water Heater Replaced in 2023.