125, Steeles, Newtonbrook East, Toronto, Residential Freehold

MLS® Number C12691480
For Sale   $ 1,875,000
  • 4 beds | 
  • 2 baths | 
  • 1500-2000 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Residential Freehold Detached For Sale.

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.

Interior Features: Other

Cross Street: Yonge/Steeles

Direction Faces: South

Key Facts

  • Days on: 112 days
  • Mls Status: New
  • Board Property Type: Free
  • Bedrooms Total: 4
  • Bedrooms Below Grade: 2
  • Bedrooms Above Grade: 2
  • Den / Family Room: Yes
  • Bathrooms Total Integer: 2
  • Lot Width: 50.00
  • Kitchens Total: 2
  • Parking Total: 3
  • Parking Spaces: 2
  • Parking Features: Private
  • Garage Type: Built-In
  • Heat Source: Gas
  • Heat Type: Forced Air
  • Cooling: Central Air
  • Living Area Range: 1500-2000 Square Feet

Location 125, Steeles, Newtonbrook East, Toronto

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Kate Naccarato
Sales Representative 416-779-6085