137 Newlands Avenue

Toronto, ON M1L 1S2 ( Clairlea-Birchmount)

Quick Facts

Type: Semi-Detached

Style: Bungalow

Size: Sq Ft

Age: Years

Taxes: $ 3,548 ( 2025)

Updated: 2026-06-01 16:59:55

Description

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.

Extras

Semi-Detached

Property

Status: For Sale

MLS #: E13083958

Price: $ 749,000

Address: 137 Newlands Avenue

Type:

Style: Bungalow

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 3,548

Tax Year: 2025

Lot Size:

Neighbourhood: Clairlea-Birchmount

Nearest Intersection: Birchmount/Stclair/Danforth

City: Toronto

Postal Code: M1L 1S2

DOM: 14 Days

Last Update: 2026-06-01 16:59:55

Building

Interior

Bedrooms: 5

Bathrooms: 3

Rooms: 9

Kitchens: 2

Family Room:

Fireplace:

Basement: Apartment Finished,

Central Vacuum:

Exterior

Exterior: Stone,

Driveway:

Garage: Private

Garage Spaces:

Parking Spaces: 3.00

Pool:

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Forced Air

Heat Source: Gas

Air Conditioning: Central Air

Water:

Sewers:

Features

Rooms