298 Newton Drive
Toronto C14, ON
- 5 bed
- 4 bath
- approx. 1500-2000 sqft
- Detached
- 152 days on market
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
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Listing Details
- Taxes (2025)
- $8,408
- Listed
- April 2, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Shingles
- Foundation
- Concrete
- Interior
- Water Heater
- Lot Size
- 83.25 x 101.08 Feet
Parking
- Garage
- Built-In
- Covered Spaces
- 2
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Bayview Ave & Steeles Ave
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- S/S Fridge, S/S Stove, RangeHood,S/S Dishwasher, Gas Furnace and Equipment, Ac.
- Rental Items
- Hot water heater
Schools
Secondary
- Brebeuf College School0.6 km
Catholic · Toronto CDSB · 645 students
Grade 10 literacy: 79% met the provincial standard
- St Joseph Morrow Park Catholic Secondary School0.8 km
Catholic · Toronto CDSB · 595 students
Grade 10 literacy: 84% met the provincial standard
- Avondale Secondary Alternative School1.9 km
Public · Toronto DSB
Elementary
- St Agnes Catholic School0.6 km
Catholic · Toronto CDSB · 240 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 75% met the provincial standard
- Steelesview Public School0.9 km
Public · Toronto DSB · 290 students
Grade 3 reading: 91% met the provincial standard
- Lester B Pearson Elementary School1 km
Public · Toronto DSB · 330 students
Grade 6 math: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area M2M
- Population
- 31,915
- Private dwellings
- 13,259
- Median age
- 44.4
- Average household size
- 2.5
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto C14 · last 12 months
- Median sold price
- $665,000
- Homes sold
- 851
- Median days on market
- 27
- Sale-to-list price
- 97.4%
Based on 851 recorded sales of residential freehold properties in Toronto C14 over the last 12 months.
Rooms
2 × 4-piece on Second, 2-piece on Main, 3-piece on Basement
Second
- Bedroom 215' x 9'1"
- Bedroom 314'1" x 8'11"
- Bedroom 411'4" x 10'11"
- Primary Bedroom17' x 12'5"
Main
- Dining Room13' x 10'
- Kitchen18'7" x 9'11"
- Living Room18'4" x 14'
Basement
- Bedroom 512'11" x 9'
- Recreation23'5" x 12'6"
Listed by
RE/MAX REALTRON BIJAN BARATI REAL ESTATE
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
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Mortgage Calculator
$397,600
Estimated Monthly Payment
$9,766
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,766/mo (20% down, 5.5%)
Taxes: $701/mo · Insurance: $497/mo
Estimates only. Consult a financial advisor.
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