Description
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
- Facing: South

- Bedrooms: 2

- Bathrooms: 2

- Garages: 1

- Kitchens: 2

Details
- Lot size: 50.00 x 120.00 Feet

- Space: 1500-2000

- Tax: $ 7593.66

- C12691480

- Listing contracted with: ROYAL LEPAGE CERTIFIED REALTY
| Room | Size(M) | Description | |
|---|---|---|---|
| Living Rm | 6.40x3.96 | Combined w/Dining, Hardwood Floor, Fireplace |
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| Primary B | 6.40x3.36 | Hardwood Floor, Double Closet, W/O To Yard |
|
| 2nd Br | 6.16x2.74 | Hardwood Floor, Closet, Laminate |
|
| Kitchen | 2.51x2.79 | Stainless Steel Appl, Granite Counters, Backsplash |
|
| Breakfast | 3.00x2.78 | W/O To Yard, Window, Laminate |
|
| Living Rm | 5.18x3.36 | Laminate, Crown Moulding, Window |
|
| 3rd Br | 5.18x2.85 | Laminate, Window, Closet |
|
| Kitchen | 1.83x2.14 | Open Concept, Window, Laminate |
|
| Office | 6.10x2.44 | Laminate, Window |
| Bathroom | Pieces | Level | |
|---|---|---|---|
| 1xBath | 3 pcs | Second |
|
| 1xBath | 4 pcs | Main |
Property Summary
Located close to the intersection of Yonge and Steeles, 125 Steeles Ave E is a 2+2 bedrooms 2 washrooms Detached. The unit has a Single Built-In Parking Space. The property has many nice features including Other. Living Room Rm, Primary B, second bedroom, Kitchen and Breakfast Room are on the Main floor.School Information
Elementary Schools
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Home schoolDistance to school: 0.3 km (~5 min walk)
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Home schoolDistance to school: 1.5 km (~27 min walk)
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ST TIMOTHY (Grade: 5 - 8)
Catholic French Immersion school
Distance to school: 5.5 km (~16 min drive) Secondary Schools
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Home schoolRank: 345/746 (Score: 6.2) 5 year average: 562/746 (Score: 4.4)Distance to school: 1.4 km (~26 min walk)
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St. Josephs Morrow Park (Grade: 9-12)
Catholic School
Distance to school: 1.5 km (~27 min walk) -
Brebeuf (Grade: 9-12)
Catholic AP program school
Rank: 323/746 (Score: 6.3) 5 year average: 372/746 (Score: 5.9)Distance to school: 0.6 km (~11 min walk)































