125 Steeles Avenue E, Toronto, ON M2M 3Y5 (MLS # C12691480)
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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.
| DAYS ON MARKET | 12 | LAST UPDATED | 1/13/2026 |
|---|---|---|---|
| TRACT | Newtonbrook East | YEAR BUILT | 0 |
| COMMUNITY | Newtonbrook East | GARAGE SPACES | 1.0 |
| COUNTY | Toronto | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | Finished, Yes |
| CONSTRUCTION | Aluminum Siding |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Other |
| LOT | 6098 sq ft |
| LOT DIMENSIONS | 50.0x120.0 |
| PARKING | Private, Attached |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| STYLE | 1 1/2 Storey |
| SUBDIVISION | Newtonbrook East |
| TAXES | 7593.66 |
MORTGAGE CALCULATOR
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