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House for sale: 137 NEWLANDS AVENUE, Toronto
137 Newlands Avenue
$749,000
Toronto , Ontario M1L1S2
5 bed
3 bath
About the Property

Birchmount/Stclair/Danforth Rare opportunity to own a multi-unit property in a highly desirable Scarborough neighbourhood, offering exceptional potential for investors, first-time buyers, and savvy purchasers looking to offset their mortgage with rental income. This versatile semi detached bungalow located a walk to transit and all amenities features a spacious 3-bedroom main level, ideal for owner occupancy, plus two separate basement units-one with a full kitchen and one with a kitchenette-creating strong income-generating potential through basement rentals or flexible multi-generational living options.

For investors, the layout presents an attractive multi-income opportunity; for first-time buyers, it offers the chance to live comfortably upstairs while generating supplemental income below. Recent improvements include carpet removal, professionally sanded and stained hardwood floors (April 2026), and fresh paint on the main floor, (April 2026) providing a clean canvas for your finishing touches. Ideally located within walking distance to TTC, steps to schools, parks, and community amenities, just 5 minutes to Warden Station, approximately 3 km to GO Transit, and close to the future Eglinton Crosstown LRT, with shopping, restaurants, and trails all nearby in this established family-oriented community. Previous tenants paid $2,102/month for the main floor unit, while the basement units each rented for $820/month, highlighting the property's proven income potential.While the property is in move in condition the sellers make no representations or warranties on any chattels, fixtures or appliances . The home will be sold in as is condition. (id:27476)

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Property Details
MLS® Number
E13083958
Type
Single Family
Community Name
Clairlea-Birchmount
Ownership Type
Freehold
Land Size
30.5 x 100 FT
Parking Space Total
3
Building
Building Type
House
Storeys
1
Square Footage
700 - 1100 sqft
Bathrooms Total
3
Bedrooms Above Ground
3
Bedrooms Total
5
Amenities
Park, Public Transit, Schools
Exterior Finish
Stone
Fireplace Present
No
Basement Type
N/A, N/A (Finished)
Basement Features
Apartment in basement
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning
Utilities
Utility Sewer
Sanitary sewer
Room Layout
Office
Basement
5 m x 3.87 m
Bedroom
Basement
5.3 m x 3.87 m
Living room
Main level
6.8 m x 3.5 m
Dining room
Main level
6.8 m x 3.5 m
Kitchen
Main level
5.23 m x 3.12 m
Primary Bedroom
Main level
3.82 m x 3.13 m
Bedroom 2
Main level
3.85 m x 2.85 m
Bedroom 3
Main level
3 m x 2.88 m
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: RE/MAX KEY2 REAL ESTATE

$749,000 - 137 NEWLANDS AVENUE, Toronto Ontario M1L 1S2, Canada | Real Estate For Sale | HomeAds.ca

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Updated May 6th 2026 11:51 am

Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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