22
See all 22 photos
$1,875,000
Est. payment /mo
4 Beds
2 Baths
New
125 Steeles AVE E Toronto C14, ON M2M 3Y5
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Municipality Toronto C14
Subdivision Newtonbrook East
MLS Listing ID C12691480
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $7,593
Tax Year 2025
Property Sub-Type Detached
Lot Depth 120.0
Lot Front 50.0
Property 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.
Location
Province ON
County Toronto
Community Toronto C14
Area Toronto
Rooms
Family Room Yes
Basement Finished
Kitchen 2
Separate Den/Office 2
Interior
Interior Features Other
Heating Yes
Cooling Central Air
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 1.0
Pool None
Roof Type Shingles
Lot Frontage 50.0
Lot Depth 120.0
Total Parking Spaces 3
Building
Foundation Concrete
Others
ParcelsYN No
Listed by ROYAL LEPAGE CERTIFIED REALTY
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