$1,875,000

Detached

125 Steeles Avenue, Toronto, ON

2 DAYS
2+2
2
1
1500-2000
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Listed by ROYAL LEPAGE CERTIFIED REALTY

Property Highlights

Garage

1 space

Property Tax

$7,594/yr

Lot Size

6,000 sqft

Style

1 1/2 Storey

Basement

Finished

Monthly Cost

$8,550/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$7,918
Property Tax ($7,594/yr)$633
Total$8,551

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Breakfast: 3.00m × 2.78m
Living Room: 6.40m × 3.96m
Bedroom 2: 6.16m × 2.74m
Kitchen: 2.51m × 2.79m
Primary Bedroom: 6.40m × 3.36m

Second Level

Living Room: 5.18m × 3.36m
Kitchen: 1.83m × 2.14m
Bedroom 3: 5.18m × 2.85m

Basement Level

Office: 6.10m × 2.44m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage