CAONScarborough137 Newlands Ave
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137 Newlands Ave, Scarborough, ON

House

For Sale

Listed price in listed location currency (CAD).
$749,000

533

MLS® E13083958

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Attached
Levels Residential
Size -
Garage None
Taxes $3,548
Days Active 0
Lot Size 
Approx. Age 
MLS® Number E13083958

Property Address: 137 Newlands Ave, Scarborough, ON, M1L1S2

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberE13083958
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
BasementApartment, Finished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 2:Main Floor9.35 × 12.63 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$749,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price

Home Appraisal

This property is estimated to sell between: $749,000 and $996,000.
Similar properties in this area sold on average for: $913,591
Expected to sell in 19 days. Similar properties sold in 19 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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