$ 2,998,800
298 Newton Drive
Supermarket

298 Newton Drive

Other
Toronto, Ontario M2M 2P8
3
3
$ 2,998,800
Sale
Taxes $7,975 2024
Maintenance Contact Agent
Estimated Monthly Mortgage $7782
Estimated Closing Costs $--
Supermarket

History

MLS®# C12162735

MLS®# C12162735

2025.05.20 New $2,998,800

Other Records

2026.04.02 - 2026.04.02 New $1,988,000
2026.04.02 - 2026.04.02 New $1,988,000
2025.12.26 - 2026.03.27 MLS®# C12650664 Terminated $4,000
2025.08.12 - 2025.12.01 MLS®# C12339421 Expired $2,688,000
2025.08.12 - 2025.10.11 Price Change $2,688,000
2025.05.20 - 2025.07.21 MLS®# C12162761 Expired $2,998,800
2025.03.12 - 2025.05.20 MLS®# C12024570 Terminated $3,998,800
2025.03.12 - 2025.03.12 New $3,998,800
2021.06.14 - 2021.06.15 Sold $3,300,000

Details

Interior Rooms
MLS®#
copy
Type
Other
Lot Size
83.25 × 101.08 Feet
Parking
0 Total Parking Spaces
0 In/Out Garage
6 Parking Spaces
Last Update
2025-07-04
Possession Date
Immed/30 Days
Listing Date
2025-05-20
Air Conditioning
Yes
Broker
RE/MAX REALTRON BIJAN BARATI REAL ESTATE

About

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. S/S Fridge, S/S Stove, RangeHood,S/S Dishwasher, Gas Furnace and Equipment, Ac. ( All As Is)

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.
More about the property

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $7,975 2024 year

Schools

JK - Grade12

Elementary (JK-G8)

Elementary English Gifted
Fraser Rank(2018) 643 / 3052 Catholic English
Fraser Rank(2018) 2762 / 3052 Catholic English
Catholic French

Secondary (G9-G12)

Fraser Rank(2023) 178 / 747 Secondary French
Fraser Rank(2023) 401 / 747 Secondary English
Secondary
Secondary
Secondary
Fraser Rank(2023) 349 / 747 Secondary Catholic English
Fraser Rank(2023) 238 / 747 Secondary Catholic English
Fraser Rank(2023) 349 / 747 Secondary Catholic French IB

Neighbourhood

Groceries
Seasons Foodmart 2 km
7181 Yonge street Suite 336., Thornhill ON, L3T 0C7
Galleria Supermarket 2.1 km
7040 Yonge Street, Thornhill, ON L4J 1V7
Sunny Supermarket 2.5 km
115 Ravel Road, North York, ON, M2H 1T1
Tong Tai Supermarket 3.8 km
3030 Don Mills Rd E, North York, ON M2J 3B6
T&T Supermarket 4.6 km
#Y007 - 1 Promenade Circle, Thornhill, ON. L4J 4P8

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