$ 1,988,000
298 Newton Drive
VT
Supermarket

298 Newton Drive

Detached
Toronto, Ontario M2M 2P8
4+1 4 1 2+4(6) 1500-2000 sqft
4+1 4 1 2+4(6)
1500-2000 sqft
$ 1,988,000
Sale
Taxes $8,408 2025
Maintenance None
Estimated Monthly Mortgage $5159
Estimated Closing Costs $--
Supermarket

History

MLS®# C12953238

MLS®# C12953238

2026.04.02 New $1,988,000

Other Records

2026.04.02 - 2026.04.02 New $1,988,000
2025.12.26 - 2026.03.27 MLS®# C12650664 Terminated $4,000
2025.08.12 - 2025.12.01 MLS®# C12339421 Expired $2,688,000
2025.08.12 - 2025.10.11 Price Change $2,688,000
2025.05.20 - 2025.07.21 MLS®# C12162761 Expired $2,998,800
2025.03.12 - 2025.05.20 MLS®# C12024570 Terminated $3,998,800
2025.05.20 - 2025.05.20 New $2,998,800
2025.03.12 - 2025.03.12 New $3,998,800
2021.06.14 - 2021.06.15 Sold $3,300,000

Details

Interior Rooms
MLS®#
copy
Type
Detached
Style
2-Storey
Size (sqft)
1500-2000
Lot Size
83.25 × 101.08 Feet
Parking
6 Total Parking Spaces
2 Built-In Garage
4 Parking Spaces
Last Update
2026-04-02
Possession Date
30 days/Immed
Listing Date
2026-04-02
Basement
Finished
Fireplace
N
Heating
Gas
Pool
None
Air Conditioning
Central Air
Broker
RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Room(s) Stories
Length x Width ( Size )
Descriptions
Living Room Main
14ft x 18.4ft (256.8 ft2 ) 4.26m x 5.6m (23.9 m2 )
Dining Room Main
10ft x 13ft (130.8 ft2 ) 3.06m x 3.97m (12.1 m2 )
Kitchen Main
9.9ft x 18.6ft (183.4 ft2 ) 3.01m x 5.66m (17 m2 )
Primary Bedroom Second
12.4ft x 17ft (210.4 ft2 ) 3.78m x 5.17m (19.5 m2 )
Bedroom 2 Second
9.1ft x 15ft (136.8 ft2 ) 2.78m x 4.57m (12.7 m2 )
Bedroom 3 Second
8.9ft x 14.1ft (125.1 ft2 ) 2.71m x 4.29m (11.6 m2 )
Bedroom 4 Second
11ft x 11.3ft (124 ft2 ) 3.34m x 3.45m (11.5 m2 )
Bedroom 5 Basement
9ft x 12.9ft (115.9 ft2 ) 2.74m x 3.93m (10.8 m2 )
Recreation Basement
12.5ft x 23.5ft (294 ft2 ) 3.82m x 7.15m (27.3 m2 )

About

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! ** Possible Options:1) Current Owner Has Obtained the Re-Zoning City Approval for Six (6) 3-Storey Freehold Townhouse Units, with Vehicular Access from Newton Drive and 6 Parking Spaces, (with Ready N.O.A.C from City)! 2) 3-Storey Multi Unit Purpose Built Rental As Per ** CMHC MLI Select **! 3) Under the EHON Intuitive Bylaw, Allowing for the Creation of a 4-Story Stacked Townhouse Community of Up to 19 Units!! 4) For Those Considering a Larger Vision, the Property's Strategic Location and Assembly Potential with Adjacent Lots Enable the Possibility of a 6-Storey Boutique Condo Project, Accommodating Up to 60 Units. 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! S/S Fridge, S/S Stove, RangeHood,S/S Dishwasher, Gas Furnace and Equipment, Ac.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $8,408 2025 year
Community:Newtonbrook East
DetachedMarket Stat
Avg. Sold Price
$1,789,444.36
YoY -11.63 %
Avg. Rent
$4,024.50
YoY -1.84 %

Schools

JK - Grade12

Elementary (JK-G8)

Elementary English Gifted
Fraser Rank(2018) 643 / 3052 Catholic English
Fraser Rank(2018) 2762 / 3052 Catholic English
Catholic French

Secondary (G9-G12)

Fraser Rank(2023) 178 / 747 Secondary French
Fraser Rank(2023) 401 / 747 Secondary English
Secondary
Secondary
Secondary
Fraser Rank(2023) 349 / 747 Secondary Catholic English
Fraser Rank(2023) 238 / 747 Secondary Catholic English
Fraser Rank(2023) 349 / 747 Secondary Catholic French IB

Neighbourhood

Groceries
Seasons Foodmart 2 km
7181 Yonge street Suite 336., Thornhill ON, L3T 0C7
Galleria Supermarket 2.1 km
7040 Yonge Street, Thornhill, ON L4J 1V7
Sunny Supermarket 2.5 km
115 Ravel Road, North York, ON, M2H 1T1
Tong Tai Supermarket 3.8 km
3030 Don Mills Rd E, North York, ON M2J 3B6
T&T Supermarket 4.6 km
#Y007 - 1 Promenade Circle, Thornhill, ON. L4J 4P8

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