Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

298 Newton Drive, Toronto, ON M2M 2P8 (Bayview Ave & Steeles Ave)
$ 2998800 - MLS : C12162735

From Our Gallery

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.

Location Description

Bayview Ave & Steeles Ave

Property Detail

Community: Newtonbrook East
Property Type: Vacant/Commercial
Bath: 3
Garages: In/Out
Annual Property Taxes : $ 7975

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : In/Out

Amenities

Heating : Gas Forced Air Closed

Listing Contracted With: RE/MAX REALTRON BIJAN BARATI REAL ESTATE

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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