$1,498,000Asking Price
87 Steeles Avenue E, Toronto C14, ON M2M 3Y4
Newtonbrook, Toronto
Located just steps from Yonge Street and within the North Yonge Secondary Plan, offering potential for future mid- to high-rise development (buyer to verify with the City). Prime investment opportunity of a Lot size 55 ft Frontage, Money Making Multi Residential or Walk -in Commercial Prime Location in One of the Most Demanding Business Fronts in North York. 3 Separate units in the basement with potential income of $3000/Month. This highly desirable location offers easy access to the TTC, subway, top-rated schools, Centrepoint Mall, restaurants, parks, and other major amenities-making it ideal for both investors and developers.
Located just steps from Yonge Street and within the North Yonge Secondary Plan, offering potential for future mid- to high-rise development (buyer to verify with the City). Prime investment opportunity of a Lot size 55 ft Frontage, Money Making Multi Residential or Walk -in Commercial Prime Location in One of the Most Demanding Business Fronts in North York. 3 Separate units in the basement with potential income of $3000/Month. This highly desirable location offers easy access to the TTC, subway, top-rated schools, Centrepoint Mall, restaurants, parks, and other major amenities-making it ideal for both investors and developers.
See MoreKey Info
- Bungalow Detached
- 8-Car Driveway
- No Garage
- Yonge/Steeles
- 700-1100 Approximate Sq Feet
- Basement Apartment
- 4 + 3 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 55 x 122.5 Feet
- Brick/Stone Exterior
- Taxes were $6,955 in 2025
- Possession: Immediate
Details
- Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #C12485065
- NAVE REAL ESTATE, BROKERAGE INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 11.98' x 8.86' | Open Concept, Tile Floor, Window |
| 2 | Laundry | Main | 8.37' x 8.86' | Tile Floor, Combined with Laundry |
| 3 | Foyer | Main | 5.91' x 5.74' | Tile Floor, Closet |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
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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.
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.
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
11.2% from Philippines
All-time
Birthplace - Recent
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.
Shelters
Shelters
1
Homeless shelters in
the neighbourhood.
