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298 Newton Drive in Toronto for sale

Asking price
$1,988,000
Estimate (Apr 02)
$1,989,018
MLS #:
C12953238
Type:
Detached, 2-Storey
Approx. SQFT:
1500-2000
Basement:
Finished
4+1 4+1
2 83.25 x 101.08 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 New N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Exp N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Ter N/A N/A N/A
0000-00-00 $00000 Sld Jun 15, 2021 $3,300,000

Listed by Re/Max Realtron Bijan Barati Real Estate.

298 Newton Drive is a Detached, 2-Storey and is currently for Sale @ $1,988,000. Taxes in 2025 were $8,408.00.

More homes for sale under 2M in Toronto

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. The 2-Storey on 298 Newton Drive has 4 bedrooms, 4 bathrooms, and is located on a 101.08 x 83.25 ft lot in the community of Newtonbrook East . 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! ** Possible Options:1) Current Owner Has Obtained the Re-Zoning City Approval for Six (6) 3-Storey Freehold Townhouse Units, with Vehicular Access from Newton Drive and 6 Parking Spaces, (with Ready N.O.A.C from City)! 2) 3-Storey Multi Unit Purpose Built Rental As Per ** CMHC MLI Select **! 3) Under the EHON Intuitive Bylaw, Allowing for the Creation of a 4-Story Stacked Townhouse Community of Up to 19 Units!! 4) For Those Considering a Larger Vision, the Property's Strategic Location and Assembly Potential with Adjacent Lots Enable the Possibility of a 6-Storey Boutique Condo Project, Accommodating Up to 60 Units. 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!

S/S Fridge, S/S Stove, RangeHood,S/S Dishwasher, Gas Furnace and Equipment, Ac.

The address 298 Newton Drive was listed for sale (MLS# C12953238) on Thursday, April 02, 2026.

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  • Date Listed: Thursday, April 02, 2026
  • Listing Brokerage: Re/Max Realtron Bijan Barati Real Estate - Disclaimer: The information contained in this listing has not been verified by Re/Max Realtron Bijan Barati Real Estate and should be verified by the buyer.
  • Virtual Tour: View Virtual Tour for 298 Newton Drive
  • City: Toronto

    More 4 bedrooms homes for sale in Toronto

  • Neighbourhood: Newtonbrook East
  • Major Intersection: Bayview Ave & Steeles Ave
  • Full Address: 298 Newton Drive, Toronto, M2M 2P8, ON, Canada
  • Living Room: hardwood floor, Picture Window, Open Concept
  • Kitchen: French Doors, B/I Appliances, Side Door
  • Amenities:
  • Taxes: $8,408.00 (2025)
Living18 x 14 ft252 sq ft
Dining13 x 10 ft130 sq ft
Kitchen19 x 10 ft190 sq ft
Primary17 x 12 ft204 sq ft
2nd Br15 x 9 ft135 sq ft
3rd Br14 x 9 ft126 sq ft
4th Br11 x 11 ft121 sq ft
5th Br13 x 9 ft117 sq ft
Rec23 x 13 ft299 sq ft

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