137 Newlands Avenue, Toronto (clairlea-Birchmount), Ontario

$775,000

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5

Beds

3

Baths

About 137 Newlands Avenue

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:6289)

Features of 137 Newlands Avenue

Listing # E12391927
Price $775,000
Bedrooms 5
Bathrooms 3.00
Acres 0.00
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 137 Newlands Avenue
Subdivision Clairlea-Birchmount
City Toronto (clairlea-Birchmount)
Province Ontario
Postal Code M1L1S2

Amenities

Amenities Park, Public Transit, Schools
Parking Spaces 3
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement Yes
Basement Apartment in basement

Exterior

Exterior Stone
Lot Description 30.5 x 100 FT
Foundation Concrete

Listing Details

OfficeRE/MAX KEY2 REAL ESTATE

Listing Map

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Listing information last updated on October 25th, 2025 at 1:16pm PDT.