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$1,875,000
Available - For Sale
Listing ID: C12691480
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.
Price $1,875,000
Taxes: $7,593.66
Occupancy by: Tenant
Address: 125 Steeles Avenue East , Toronto, M2M 3Y5, Toronto
Directions/Cross Streets: Yonge/Steeles
Rooms: 8
Rooms +: 3
Bedrooms: 2
Bedrooms +: 2
Washrooms: 2
Family Room: T
Basement: Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 20.99 12.99 Combined w/Dining, Hardwood Floor, Fireplace
Room 2: Main Primary B 20.99 11.02 Hardwood Floor, Double Closet, W/O To Yard
Room 3: Main Bedroom 2 20.20 8.99 Hardwood Floor, Closet, Laminate
Room 4: Main Kitchen 8.23 9.15 Stainless Steel Appl, Granite Counters, Backsplash
Room 5: Main Breakfast 9.84 9.12 W/O To Yard, Window, Laminate
Room 6: Second Living Ro 16.99 11.02 Laminate, Crown Moulding, Window
Room 7: Second Bedroom 3 16.99 9.35 Laminate, Window, Closet
Room 8: Second Kitchen 6.00 7.02 Open Concept, Window, Laminate
Room 9: Basement Office 20.01 8.00 Laminate, Window
No. of Pieces Level
Washroom 1 3 Second
Washroom 2 4 Main
Washroom 3 0
Washroom 4 0
Washroom 5 0
Property Type: Detached
Style: 1 1/2 Storey
Exterior: Aluminum Siding
Garage Type: Built-In
(Parking/)Drive: Private
Drive Parking Spaces: 2
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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ROYAL LEPAGE CERTIFIED REALTY

125 Steeles Avenue East , Toronto, M2M 3Y5, Toronto


 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto C14
Neighbourhood: Newtonbrook East
Style: 1 1/2 Storey
Lot Size: x 120.00(Feet)
Approximate Age:
Tax: $7,593.66
Maintenance Fee: $0
Beds: 2+2
Baths: 2
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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