
$1,788,000
About this Detached
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.
Listed by ZOLO REALTY.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
Features
- MLS®: C12276326
- Type: Detached
- Bedrooms: 4
- Bathrooms: 3
- Square Feet: 1,500 sqft
- Lot Size: 7,583 sqft
- Frontage: 61.40 ft
- Depth: 123.50 ft
- Taxes: $8,033 (2024)
- Parking: 5 Built-In
- Basement: Separate Entrance, Finished
- Style: Sidesplit 3