PROPERTY DETAILS

125 Steeles Avenue E,

Toronto, Ontario M2M 3Y5

$1,875,000
2+2
2
3

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:29237)

Property Details
MLS® Number C12691480
Property Type Single Family
Building Type House
Storeys 2
Community Name Newtonbrook East
Title Freehold
Land Size 50 x 120 FT
Parking type Garage
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Location
Building
Basement Development Finished
Basement Type N/A (Finished)
Bathrooms (Total) 2
Bedrooms - Above Grade 2
Bedrooms - Below Grade 2
Cooling Central air conditioning
Exterior Finish Aluminum siding
Heating Fuel Natural gas
Heating Type Forced air
Rooms
Living room 5.18 m x 3.36 m
Bedroom 3 5.18 m x 2.85 m
Kitchen 1.83 m x 2.14 m
Office 6.1 m x 2.44 m
Living room 6.4 m x 3.96 m
Primary Bedroom 6.4 m x 3.36 m
Bedroom 2 6.16 m x 2.74 m
Kitchen 2.51 m x 2.79 m
Eating area 3 m x 2.78 m
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January 13 2026 06:32:33

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