137 NEWLANDS AVENUE

House
3+2
3
700
3
$775,000
For sale
201 DOM

Investors Special! Rare opportunity to own a multi-unit property in a highly desirable Scarborough location. This home features a 3-bedroom main level plus two separate basement units, one with a full kitchen and one with a kitchenette, offering excellent income potential. Property needs TLC making it the perfect project for builders, contractors, and savvy investors. Prime location! Walking distance to TTC, steps to school, parks, and community amenities. Just 5 minutes to Warden Subway Station, 3 km to GO Transit, and close to the future Eglinton LRT. Shopping, restaurants, and trails are all nearby in this established, family-oriented neighbourhood. Don't miss this chance to renovate, rebuild, or hold as a long-term investment. Current tenants paying $2102/month for main floor unit. Basement units each rented for $820/month previously. (id:50762)

Property Details
Property Type
Single Family
Building Type
House
Ownership
Condominium / Strata
Community
Clairlea-Birchmount
Storeys
1
Construction Year
-
Parking Type
No Garage
MLS ID
E12391927
Listing Date
09/09/2025
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Yinan Xia, MBA

Yinan is a registered real estate broker in Ontario, Canada who specializes in providing real estate transaction & advisory services to clients in the Greater Toronto Area, covering both residential and commercial sectors for resale, lease, pre-construction and assignment transactions.

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