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$775,000

3+2 Beds

3 Baths

700 - 1100 FEETSQ

QuickQuoteTM: Not Available

Toronto ON, M1L 1S2

MLS® # E12391927

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Construction Style - Attachment: Semi-detached
  • Exterior Finish: Stone
  • Floor Space: 700 - 1100 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances:

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3+2
  • Bathrooms: 3
  • Amenities Nearby: Park, Public Transit, Schools
  • Fence Type: Fenced yard
  • Floor Space (approx): 700 - 1100 Square Feet
  • Irregular: Yes
  • Lot Depth: 100.0 Feet
  • Lot Frontage: 30.5 Feet
  • Lot Size: 30.5 x 100 FT
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

Rooms:

  • Office Basement Level 5.00 m x 3.87 m
  • Bedroom Basement Level 5.30 m x 3.87 m
  • Living Main Level 6.80 m x 3.50 m
  • Dining Main Level 6.80 m x 3.50 m
  • Kitchen Main Level 5.23 m x 3.12 m
  • Primary Bedroom Main Level 3.82 m x 3.13 m
  • 2nd Bedroom Main Level 3.85 m x 2.85 m
  • 3rd Bedroom Main Level 3.00 m x 2.88 m

Convert Measurement to:


Courtesy of: RE/MAX KEY2 REAL ESTATE

REALTOR.ca  

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Location of 137 NEWLANDS AVENUE, Toronto, Ontario, M1L 1S2

Demographic Information of 137 NEWLANDS AVENUE, Toronto, Ontario, M1L 1S2

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$92,733.55

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

23.59 %

High school certificate or equivalent

32.79 %

Apprenticeship trade certificate/diploma

3.93 %

College/non-university certificate

18.68 %

University certificate (below bachelor)

0.68 %

University Degree

20.33 %

Commuter

Travel To Work

By Car

52.91 %

By Public Transit

39.56 %

By Walking

2.53 %

By Bicycle

0.79 %

By Other Methods

4.21 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

61.1 %

Houses

38.9 %

Own Vs. Rent