For Sale

125 Steeles Avenue, Toronto C14, Ontario M2M 3Y5

$1,875,000

125 Steeles Avenue, Toronto C14, Ontario M2M 3Y5 is For Sale and has a listing price of 1,875,000. The property is located in the York University Heights neighbourhood . It's been on the website for 2 Days.

  • Detached
    Property Type
  • 4
    Bedrooms
  • 2
    Bathrooms
  • Parking
  • MLS ID: C12691480
  • Office Name ROYAL LEPAGE CERTIFIED REALTY
Property 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.

Property Details
  • Bedrooms: 4
  • MLS ID: C12691480
  • Bathrooms: 2
  • Price: $1,875,000
  • Lot Depth: 120
  • Transaction Types: For Sale
  • Ref ID: C12691480
  • Year Built: N/A
  • Approx Sqft: 1500-2000
  • Dir / Cross St: Yonge/Steeles
  • Status: Active
  • Tax Year: 2025
  • Municipality District: Toronto C14
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
01/13/2026 C12691480 $1,875,000 For Sale - -
11/03/2025 C12505186 $1,875,000 Cancelled 12/31/2025 -
02/05/2025 C11957190 $1,359,800 Sold 02/10/2025 $1,300,000
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
York University Heights
  • $826,044 Average List Price
    based on 1 year
  • 46 New Listings
    based on 30 days
  • 42 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.95 % Up
  • Sold (12mo) 86
  • Rented (12mo) 67

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 1 1/2 Storey
  • Washroom Type1: 1
  • Heating System Y
  • Garage Type Built-in
  • Parking Spaces: 2
  • Exterior Aluminum Siding
  • Kitchen 2
  • Fireplace Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $7,594
  • Last Status New
  • Original Price: $1,875,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 13/01/2026 16:31:23
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