298 Newton Drive,Toronto C14, ON M2M 2P8
Toronto C14, ON M2M 2P8
Description
Fantastic Opportunity Strategic Property Right On the Corner Of Bayview Ave & Newton Dr, With A 100 Ft Exposure On Bayview Ave. Potential For Development Project! Excellent High Demand Location! Current Owner Has 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)! There Are Other Possibilities for Stacked Townhouses Or Mid-Rise Condo Boutique This Property Presents an Exceptional Development Opportunity under the EHON Intuitive Bylaw, Allowing for the creation of a 4-Story Stacked Townhouse Community of Up to 19 Units. Ideal for Developers Aiming to Expand Housing Options within a Thriving Area, the Site Offers a Unique Blend of Density and Design Potential. 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. Buyer/Buyer Agent To Verify All with City Planner! Situated Near Key Amenities and Transit, This Site Is Poised for a High-Demand Residential Project That Blends of Modern Living with Community Connectivity, Making It a Prime Investment for Innovative Developers.
Details
| MLS # | C12162735 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 54 |
| Listing Provided By | RE/MAX REALTRON BIJAN BARATI REAL ESTATE | C12162735 290800 |
Features
| Bath(s) | 3 |
|---|---|
| SQ Feet | 8,643 |
| Acreage | 0.20 |
Interior
| Cooling | Yes |
|---|
Taxes
| Property | 7975 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto C14 |
| Postal Code | M2M 2P8 |
| Area | Newtonbrook East |
