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:60365)
Property Details
| MLS® Number | C12691480 |
| Property Type | Single Family |
| Community Name | Newtonbrook East |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 2 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 4 |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Aluminum Siding |
| FireplacePresent | Yes |
| FlooringType | Hardwood, Laminate |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1500 - 2000 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 120 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 120 Ft |
| SizeTotalText | 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 |
Ali Khan
Salesperson
5618 Tenth Line W Unit 9
Mississauga, Ontario L5M 7L9
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January 13 2026 06:32:33
Toronto Real Estate Board
Royal LePage Certified Realty
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