Available - For Sale
Listing ID: E13083958
137 Newlands Avenue , Toronto, M1L 1S2, Toronto
| Rare opportunity to own a multi-unit property in a highly desirable Scarborough neighbourhood, offering exceptional potential for investors, first-time buyers, and savvy purchasers looking to offset their mortgage with rental income. This versatile semi detached bungalow located a walk to transit and all amenities features a spacious 3-bedroom main level, ideal for owner occupancy, plus two separate basement units-one with a full kitchen and one with a kitchenette-creating strong income-generating potential through basement rentals or flexible multi-generational living options. For investors, the layout presents an attractive multi-income opportunity; for first-time buyers, it offers the chance to live comfortably upstairs while generating supplemental income below. Recent improvements include carpet removal, professionally sanded and stained hardwood floors (April 2026), and fresh paint on the main floor, (April 2026) providing a clean canvas for your finishing touches. Ideally located within walking distance to TTC, steps to schools, parks, and community amenities, just 5 minutes to Warden Station, approximately 3 km to GO Transit, and close to the future Eglinton Crosstown LRT, with shopping, restaurants, and trails all nearby in this established family-oriented community. Previous tenants paid $2,102/month for the main floor unit, while the basement units each rented for $820/month, highlighting the property's proven income potential.While the property is in move in condition the sellers make no representations or warranties on any chattels, fixtures or appliances . The home will be sold in as is condition. |
| Price | $749,000 |
| Taxes: | $3548.00 |
| Occupancy: | Vacant |
| Address: | 137 Newlands Avenue , Toronto, M1L 1S2, Toronto |
| Directions/Cross Streets: | Birchmount/Stclair/Danforth |
| Rooms: | 6 |
| Rooms +: | 3 |
| Bedrooms: | 3 |
| Bedrooms +: | 2 |
| Family Room: | F |
| Basement: | Apartment, Finished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 22.3 | 11.48 | W/O To Patio, Large Window, Overlooks Frontyard |
| Room 2 | Main | Dining Ro | 22.3 | 11.48 | Combined w/Living |
| Room 3 | Main | Kitchen | 17.15 | 10.23 | Granite Counters, Eat-in Kitchen, Window |
| Room 4 | Main | Primary B | 12.53 | 10.27 | Window, Large Closet |
| Room 5 | Main | Bedroom 2 | 12.63 | 9.35 | Overlooks Backyard, Large Closet |
| Room 6 | Main | Bedroom 3 | 9.84 | 9.45 | Overlooks Backyard, Large Closet |
| Room 7 | Basement | Office | 16.4 | 12.69 | 2 Pc Bath, Above Grade Window |
| Room 8 | Basement | Bedroom | 17.38 | 12.69 | 4 Pc Bath, Above Grade Window |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Basement |
| Washroom Type 3 | 3 | Basement |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Semi-Detached |
| Style: | Bungalow |
| Exterior: | Stone |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 700-1100 |
| Property Features: | Fenced Yard, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX KEY2 REAL ESTATE |
|
|
Ram Rajendram
Broker
Dir:
(416) 737-7700
Bus:
(416) 733-2666
Fax:
(416) 733-7780
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Semi-Detached |
| Area: | Toronto |
| Municipality: | Toronto E04 |
| Neighbourhood: | Clairlea-Birchmount |
| Style: | Bungalow |
| Tax: | $3,548 |
| Beds: | 3+2 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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