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Home ON Greater Toronto Area Toronto North York Newtonbrook East
125 STEELES AVENUE E
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125 STEELES AVENUE E $1,875,000
5 days ago
$1,875,000
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125 STEELES AVENUE E
Toronto (Newtonbrook East), Ontario M2M3Y5

MLS® Number: C12691480
2 + 2
Bedrooms
2
Bathrooms
1500 - 2000
Square Feet

Listing Description

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. (41937045)

Location Description

Cross Streets: Yonge/Steeles. ** Directions: google map.

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1.5
Square Footage
1500 - 2000 sqft
Community Name
Newtonbrook East
Title
Freehold
Land Size
50 x 120 FT
Annual Property Taxes
$7,593.66
Parking Type
Garage
Time on REALTOR.ca
5 days

Building

Bedrooms
Above Grade
2
Below Grade
2
Bathrooms
Total
2
Interior Features
Flooring
Hardwood, Laminate
Basement Type
Finished
Building Features
Foundation Type
Concrete
Style
Detached
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Aluminum siding
Parking
Parking Type
Garage
Total Parking Spaces
3

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Living room
Primary Bedroom
Bedroom 2
Kitchen
Eating area
Second level
Living room
Bedroom 3
Kitchen
Basement
Office

Land

Lot Features
Frontage
50 ft
Land Depth
120 ft
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