2 Beds 2 Bath

125 Steeles Avenue E, Toronto C14, ON M2M 3Y5

Toronto C14 M2M 3Y5 Ontario

MLS: C12691480

$1,875,000

Added 20 minutes ago | For Sale

Listed by: ROYAL LEPAGE CERTIFIED REALTY

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:2
  • Land Size: 50 X 120
  • Water:Municipal
  • Garage Spaces: /Built-In
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Yonge/Steeles
  • Basement:Finished , Finished
  • Possession Date:TBD
  • Annual Property taxes: $7593.66
  • Bedrooms:2 +2
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:South
  • Front Footage:
  • Listing ID:C12691480

Level Type Features Dimensions
Main Living Room Combined w/Dining, Hardwood Floor, Fireplace 21 ft x 13 ft
Primary Bedroom Hardwood Floor, Double Closet, W/O To Yard 21 ft x 11 ft
Bedroom 2 Hardwood Floor, Closet, Laminate 20 ft, 3 in x 9 ft
Kitchen Stainless Steel Appl, Granite Counters, Backsplash 8 ft, 3 in x 9 ft, 2 in
Breakfast W/O To Yard, Window, Laminate 9 ft, 10 in x 9 ft, 1 in
Second Living Room Laminate, Crown Moulding, Window 17 ft x 11 ft
Bedroom 3 Laminate, Window, Closet 17 ft x 9 ft, 4 in
Kitchen Open Concept, Window, Laminate 6 ft x 7 ft
Basement Office Laminate, Window 20 ft x 8 ft

No property rooms available.

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