Detached House for sale at 148 Newton Drive, Toronto, Ontario, M2M 2N3 - Newtonbrook East - MLS: C12276326

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148 Newton Drive

Toronto, Ontario, M2M 2N3 - Newtonbrook East

$1,888,000

Neighbourhood

Newtonbrook East
Major Intersection

Bayview/Steeles

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, Sidesplit 3
Bedrooms

4 + 1
Bathrooms

6
Basement

Sep Entrance + Finished
Kitchen

1 + 1
Total Parking

5 (1 Built-In Garage)
Lot Size

61.4x123.5 (Feet)
Taxes

$8,033.00 (2024)
Type

Freehold

Property Description

Property description for 148 Newton Drive, Toronto

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

Property details

MLS #

C12276326
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

5
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

C12276326
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private
Garage

Built-In, 1 spaces
Total Parking

5
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

6.6 x 4.0 ft Main level

Combined W/Dining, Laminate
Dining

3.65 x 3.15 ft Main level

Combined W/Living, Laminate
Kitchen

3.65 x 3.25 ft Main level

Ceramic Floor, Window
Family

6.0 x 4.0 ft Main level

Laminate, Closet, Sliding Doors
Laundry

2.4 x 0.85 ft Main level

Ceramic Floor, Glass Doors
Primary

3.7 x 3.35 ft Upper level

3 Pc Ensuite, Window, Closet
Bathroom

2.0 x 1.9 ft Upper level

4 Pc Bath, Window, Ceramic Floor
2nd Br

3.5 x 2.75 ft Upper level

Window
3rd Br

3.2 x 3.15 ft Upper level

Closet, Window
Bathroom

3.0 x 1.35 ft Upper level

3 Pc Bath, Separate Shower, Ceramic Floor
Br

3.7 x 3.1 ft Bsmt level
Kitchen

4.0 x 4.0 ft Bsmt level
Bathroom

0.0 x 0.0 ft Bsmt level
Laundry

0.0 x 0.0 ft Bsmt level
Living

0.0 x 0.0 ft Bsmt level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 148 Newton Drive, Toronto

This property has been sold 9 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Neighbourhood Amenities & Points of Interest

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Local Real Estate Price Trends for Detached in Newtonbrook East

Active listings

Average Selling Price of a Detached

June 2025

$1,614,250

Last 3 Months

$1,737,228

Last 12 Months

$1,914,663

June 2024

$2,108,893

Last 3 Months LY

$1,931,332

Last 12 Months LY

$1,825,126

Change

-23%

Change

-10%

Change

Historical Average Selling Price of a Detached in Newtonbrook East

Average Selling Price

3 years ago

$2,221,167

Average Selling Price

5 years ago

$1,600,500

Average Selling Price

10 years ago

$1,344,500

Change

-27%

Change

20%

How many days Detached takes to sell (DOM)

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

-13%

Change

-19%

Change

29%

Average Selling price

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Closing Cost Calculator

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.