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. (id:47421)
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Detailed Information
Bedrooms
2+2
Bathrooms
2
Lot
50 x 120 ft
Listing Contract Date
2026-01-13
Location Description
Cross Streets: Yonge/Steeles. ** Directions: google map.
Ownership Type
Freehold
# of Parking Spaces
3
Property Type
Single Family
Transaction Type
For sale
Building
Basement Development
Finished
Basement Type
N/A (Finished)
Construction Style (Attachment)
Detached
Cooling Type
Central air conditioning
Exterior Finish
Aluminum siding
Fireplace Present
Yes
Flooring Type
Hardwood, Laminate
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1.5
Type
House
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Living room
Second level
5.18 m x 3.36 m
Bedroom 3
Second level
5.18 m x 2.85 m
Kitchen
Second level
1.83 m x 2.14 m
Office
Basement
6.1 m x 2.44 m
Living room
Main level
6.4 m x 3.96 m
Primary Bedroom
Main level
6.4 m x 3.36 m
Bedroom 2
Main level
6.16 m x 2.74 m
Kitchen
Main level
2.51 m x 2.79 m
Eating area
Main level
3 m x 2.78 m
Parking Spaces
Name
Spaces
Garage
Land
Total Size
50 x 120 FT
Sewer
Sanitary sewer
Size of Irregular Land
50 x 120 FT
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