For Sale

298 Newton Drive

$1,988,000
Toronto C14, Ontario M2M 2P8 · MLS® C12953238 · Updated 1h ago
298 Newton Drive, Toronto, ON M2M 2P8
1 / 32 photos
5
Bedrooms
4
Bathrooms
Sq Ft
6
Parking

About This Home

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 Information

Type
Residential Freehold
Style
Detached
Architectural Style
2-Storey
Lot Size
83.25 × 101.08 ft
Direction Faces
North
Bedrooms
5 (4 + 1)
Kitchens
1
Parking
6 total · Built-In
Cross Street
Bayview Ave & Steeles Ave
Postal Code
M2M 2P8
Occupancy
Vacant
Possession
Immediate
MLS#
C12953238
Listing Office
RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Building Details

Construction
Brick
Roof
Shingles
Heating
Forced Air · Gas
Cooling
Central Air
Basement
Finished
Fireplace
No
Pool
None

Features & Amenities

Interior
Water Heater

Financials & Fees

Annual Property Tax
$8,408 (2025)

Inclusions & Exclusions

Inclusions

S/S Fridge, S/S Stove, RangeHood,S/S Dishwasher, Gas Furnace and Equipment, Ac.

Location

Listing courtesy of:RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

The data relating to real estate on this website comes in part from the MLS® data feed of PropTx Innovations Inc. The information is deemed reliable but is not guaranteed accurate by PropTx.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

© 2026 PropTx Innovations Inc. All rights reserved. MLS®, REALTOR® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA).