Property Description for 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:38686)
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Property Details
Property Tax
: $3,548MLS® #
: E12391927
Home Features
Property Type
: Single Family
Interior Features
Heating
: Forced air, Natural gasBasement
: Finished, Apartment in basement, N/A
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Stone
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