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Option for Building 6 Luxury Townhouses
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298 Newton Drive

Newtonbrook East / Toronto C14, ON M2M 2P8

Off-Market
5 Beds
4 Baths
1,500 Sq Ft
Single Family Home
This listing is no longer active on the MLS® and is not currently for sale. Interested in something similar? Ask Filipe →
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About This Property

This Two-Storey Solid Brick Home with 4+1 Bedrooms and 4 Washrooms, Situated in a High Exposure Strategic Location Right on the Prime Corner Of Bayview Ave & Newton Dr, With A 101 Feet Exposure On Bayview Ave and 83' on Newton Drive. It Offers a Rare Opportunity for Investors, Developers, or Visionary Homeowners, Suitable for Living, Rental Income, or Great Opportunity for Future Development!! Under the City's Updated Zoning and Intensification Guidelines, the Lot May Support the Creation of Multiple Residential Units, Making It an Ideal Candidate for Multi-Unit Housing **, Income Properties, or a Modern Townhouse Project! The Corner Positioning Allows for Flexible Access and Site Design Options! What Truly Sets This Property Apart Is Its Significant Redevelopment Potential. Buyer/Buyer Agent To Verify All Information and Proposals with City Planner! Whether You're Looking to Live, Invest, or Build, This Is a Unique Opportunity to Secure a High-Exposure/ Strategic Property with Strong Upside in a Growing Urban Area. Opportunities Like This Are Increasingly Rare-Explore the Possibilities and Unlock the Full Potential of This Prime Corner Lot, Convenient Access to Transit, and Key Urban Amenities!! The Proposed Renderings are Attached

Property Details

StatusOff-Market
Property TypeSingle Family Home
Listing TypeSale
Interior Size1,500 sq ft
Bedrooms5
Bathrooms4
Postal CodeM2M 2P8
Last UpdatedOct 8, 2026 · 4:43 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

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TRREB MLS® Attribution

MLS® C12953238

Listed by RE/MAX REALTRON BIJAN BARATI REAL ESTATE

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,988,000

last list price — no longer for sale

MLS®C12953238
TypeSingle Family Home
CityToronto C14
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Team Filipe · RE/MAX · (647) 210-6070

Listed By

RE/MAX REALTRON BIJAN BARATI REAL ESTATE