Located just steps from Yonge Street and within the North Yonge Secondary Plan, offering potential for future mid- to high-rise development (buyer to verify with the City). Prime investment opportunity of a Lot size 55 ft Frontage, Money Making Multi Residential or Walk -in Commercial Prime Location in One of the Most Demanding Business Fronts in North York. 3 Separate units in the basement with potential income of $3000/Month. This highly desirable location offers easy access to the TTC, subway, top-rated schools, Centrepoint Mall, restaurants, parks, and other major amenities-making it ideal for both investors and developers.
Address
87 Steeles Avenue E
List Price
$1,498,000
MLS® Status
New
Expiration Date
2026-03-31
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Toronto C14
Sub-Area
Newtonbrook East
Region
Toronto
Bedrooms
3 + 3
Bedrooms (Total)
6
Rooms Above Grade
5
Rooms Below Grade
3
Rooms (Total)
8
Bathrooms
5
Floor Area
700-1100 Sq. Ft.
Lot Depth
122.5
Lot Size Units
Feet
Lot Width
55
Parcel Number
100320006
Occupant Type
Tenant
Cross Street
Yonge/Steeles
MLS® Number
C12485065
Listing Brokerage
NAVE REAL ESTATE, BROKERAGE INC.
Basement Area
Apartment, Separate Entrance
Postal Code
M2M 3Y4
Posession Details
Immediate
Parking
Private, Available
Parking Places (Total)
8
Parking Spaces
8
Tax Amount
$6,955.65
Tax Year
2025
Site Influences
Fenced Yard, Library, Public Transit, School
Interior Features
Accessory Apartment
Property Features
Fenced Yard, Library, Public Transit, School
Cable
Available
Central Vacuum
No
Family Room
No
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Source
Gas
Heat Type
Forced Air
Cooling
Yes
Cooling Features
Central Air
Construction Materials
Brick, Stone
Direction Faces
South
Fireplace
Yes
Foundation Details
Concrete
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
1
Kitchens Below Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
Lt6 Plan 2560, Pt Lt 7 Plan 2560
Waterfront
No
Sewer
Sewer
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