All Photos · 23
Newtonbrook East · M2M 3Y5
$1,875,000
MLS® #C12691480
4
Bedrooms (2+2)
2
Bathrooms
1500-2000
Sq Ft
About This Property
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.
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Main | 21' × 13' |
| Primary Bedroom | Main | 21' × 11' |
| Bedroom 2 | Main | 20' 3" × 9' |
| Kitchen | Main | 8' 3" × 9' 2" |
| Breakfast | Main | 9' 10" × 9' 1" |
| Living Room | Second | 17' × 11' |
| Bedroom 3 | Second | 17' × 9' 4" |
| Kitchen | Second | 6' × 7' |
| Office | Basement | 20' × 8' |
Mortgage Calculator
Estimated monthly payment
$9,211
Down payment: $375,000 · Loan: $1,500,000
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
ROYAL LEPAGE CERTIFIED REALTY
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Jan 13, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.