125 Steeles Avenue E Toronto, Ontario M2M 3Y5

$1,875,000

Attention Developers and Investors! Secure a prime, high-yield development project in the heart of North York. This lot comes with an issued ZAP Certificate (Jan 2026), providing a clear and approved path to building permit issuance. Designed by the renowned AAA Architects, the approved plans feature a sophisticated 4-storey boutique apartment building comprising 16 residential units. Project Highlights: Ready to Build: Zoning is fully approved; the project is officially exempt from Site Plan Control, saving months of typical development timelines and costs. Optimized Unit Mix: The 16-unit design offers a strategic mix of Bachelor, 1-Bedroom, 1-Bedroom + Den, and 2-Bedroom layouts to maximize rental or resale value. Modern Architecture: A striking 15.13m tall contemporary structure with clean lines, high-end vertical cladding, and floor-to-ceiling windows. Premium Amenities: Includes a dedicated entrance lobby, a garbage/recycling room, and a secure covered parking area with EV charging infrastructure readiness. Commuter Friendly: Features 13 indoor lockers and a dedicated bike repair station with parking for 13 bicycles. Investment Summary:This is a turnkey opportunity to bypass the "red tape" of the planning phase. With all zoning hurdles cleared, you can move straight to securing building permits and breaking ground in 2026. Perfect for a luxury rental hold or a high-end condominium exit. (id:55460)

Property Details

MLS® Number	C12691480
Property Type	Single Family
Community Name	Newtonbrook East
Parking Space Total	3

Building

Bathroom Total	2
Bedrooms Above Ground	2
Bedrooms Below Ground	2
Bedrooms Total	4
Basement Development	Finished
Basement Type	N/a (finished)
Construction Style Attachment	Detached
Cooling Type	Central Air Conditioning
Exterior Finish	Aluminum Siding
Fireplace Present	Yes
Flooring Type	Hardwood, Laminate
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	House
Utility Water	Municipal Water

Parking

Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	120 Ft
Size Frontage	50 Ft
Size Irregular	50 X 120 Ft
Size Total Text	50 X 120 Ft

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Living Room	5.18 m	3.36 m	5.18 m x 3.36 m
Second Level	Bedroom 3	5.18 m	2.85 m	5.18 m x 2.85 m
Second Level	Kitchen	1.83 m	2.14 m	1.83 m x 2.14 m
Basement	Office	6.1 m	2.44 m	6.1 m x 2.44 m
Main Level	Living Room	6.4 m	3.96 m	6.4 m x 3.96 m
Main Level	Primary Bedroom	6.4 m	3.36 m	6.4 m x 3.36 m
Main Level	Bedroom 2	6.16 m	2.74 m	6.16 m x 2.74 m
Main Level	Kitchen	2.51 m	2.79 m	2.51 m x 2.79 m
Main Level	Eating Area	3 m	2.78 m	3 m x 2.78 m

https://www.realtor.ca/real-estate/29245565/125-steeles-avenue-e-toronto-newtonbrook-east-newtonbrook-east