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$1,875,000Asking Price

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

Newtonbrook, Toronto

Detached
2 + 2
Bedrooms
2
Baths
3
Parking
Days on Market

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.

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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.

Key Info

  • 1.5-Storey Detached
  • 2-Car Driveway
  • 1-Car Built-In Garage
  • Yonge/Steeles
  • 1500-2000 Approximate Sq Feet
  • Finished Basement
  • 2 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 50 x 120 Feet
  • Aluminum Siding Exterior
  • Taxes were $7,593 in 2025
  • Possession: TBD

Details

  • Fireplace
  • Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #C12691480
  • ROYAL LEPAGE CERTIFIED REALTY

Extras

Room Floor Dimensions Details
1 Kitchen Main 8.23' x 9.15' Stainless Steel Appliances, Granite Counters, Backsplash
2 Breakfast Main 9.84' x 9.12' Walkout To Yard, Window, Laminate
Washroom1 3-Piece Bathroom
Washroom1 4-Piece Bathroom on Main Floor

Who lives here?

Newtonbrook, Toronto is a north Toronto neighbourhood notable for its university grads and science professionals. It has a higher than average population of immigrants, particularly those from Iran, China, South Korea and the Philippines, and Cantonese, Tagalog, Mandarin, Persian, Russian and Korean speakers. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

48% of residents are
single and loving it.

48% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

43% of residents
are renters.

43% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

56% of residents are
university grads.

56% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$111K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Business 10%
Government 8%
Sciences 7%
Management 7%

Immigrants

66% of residents were
born outside of Canada.

66% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Philippines was once home to 11.2% of immigrants.
Iran 10.9%
China 7.4%
South Korea 6.7%
Hong Kong 2.6%

11.2% from Philippines
All-time

Birthplace - Recent

Philippines was once home to 3.9% of immigrants.
Iran 3.2%
China 1.3%
South Korea 0.5%
India 0.4%

3.9% from Philippines
Recent

Foreign Languages

Foreign Languages

Persian 11%
Korean 9%
Tagalog 8%
Russian 7%
Mandarin 7%

Religions

Religions

Christian 52%
Muslim 12%
Jewish 7%
Buddhist 3%
Hindu 2%

Social Housing

Social Housing Buildings

1

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

1

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)