Detached House for sale at 87 Steeles Avenue, Toronto, Ontario, M2M 3Y4 - Newtonbrook East - MLS: C12485065

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87 Steeles Avenue

Toronto, Ontario, M2M 3Y4 - Newtonbrook East

$1,498,000

Neighbourhood

Newtonbrook East
Major Intersection

Yonge/Steeles

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, Bungalow
Bedrooms

3 + 3
Bathrooms

5
Basement

Apartment + Sep Entrance
Kitchen

1 + 3
Total Parking

8
Lot Size

55x122.5 (Feet)
Taxes

$6,955.65 (2025)
Type

Freehold

Property Description

Property description for 87 Steeles Avenue, Toronto

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.

Listed by NAVE REAL ESTATE, BROKERAGE INC.

Property details

MLS #

C12485065
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private, Available
Garage

None
Total Parking

8
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

N
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

C12485065
Sq. Ft

700-1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Private, Available
Garage

None
Total Parking

8
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

N
Water View

n/a
Laundry Level

Main
Heat

Forced Air
A/C

Central Air
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

8.4 x 3.25 ft Main level

Combined W/Dining, Wood Floor, Window
Dining

8.4 x 3.25 ft Main level

Combined W/Dining, Wood Floor, Window
Kitchen

3.65 x 2.7 ft Main level

Open Concept, Tile Floor, Window
Primary

3.6 x 2.95 ft Main level

South View, Wood Floor, Closet
2nd Br

3.35 x 2.8 ft Main level

South View, Wood Floor, Closet
3rd Br

2.8 x 2.6 ft Main level

North View, Wood Floor, Closet
4th Br

6.0 x 3.15 ft Bsmt level

3 Pc Bath, Family Size Kitchen, Closet
5th Br

5.2 x 2.4 ft Bsmt level

3 Pc Bath, Family Size Kitchen, Closet
Study

3.6 x 2.4 ft Bsmt level

3 Pc Bath, Family Size Kitchen, Closet
Laundry

2.55 x 2.7 ft Main level

Tile Floor, Combined W/Laundry
Foyer

1.8 x 1.75 ft Main level

Tile Floor, Closet
Laundry

2.5 x 2.5 ft Bsmt level

Tile Floor, Open Concept

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 87 Steeles Avenue, Toronto

This property has been sold 19 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2025-10-28

$1,475,068

-0.75%

Local Real Estate Price Trends for Detached in Newtonbrook East

Active listings

Average Selling Price of a Detached

September 2025

$1,666,100

Last 3 Months

$1,493,472

Last 12 Months

$1,767,893

September 2024

$2,110,000

Last 3 Months LY

$2,104,216

Last 12 Months LY

$1,894,305

Change

-21%

Change

-29%

Change

-7%

Historical Average Selling Price of a Detached in Newtonbrook East

Average Selling Price

3 years ago

$2,168,889

Average Selling Price

5 years ago

$1,578,750

Average Selling Price

10 years ago

$1,424,875

Change

-23%

Change

17%

How many days Detached takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

43%

Change

88%

Change

61%

Average Selling price

Mortgage Calculator

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Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.