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Listed

216 Days Ago

238-240 Berkeley St Toronto $5,250,000 For Sale

>> Property is Vacant Land

Predicted Price

Lot Size is 51.34 ft front x

120.25 ft depth

0

Bed

0 Bath

No Parking

/ 0 Garage Parking

238-240 Berkeley St For Sale

Property Taxes are $14488 per year

Front entry is on the West side of

Berkeley

St

Lot Size is 51.34 ft front x

120.25 ft depth

About 238-240 Berkeley St

Opportunity to acquire a fully approved development site for 6 freehold townhomes, each on separately deeded lots. The site comes with architectural drawings and detailed renderings, offering a turnkey solution for immediate development. Additionally, theres potential for higher density through further approvals, with current zoning already allowing up to 15 dwelling units as-of-right. Each townhome spans approximately 2,000 square feet, with an option to increase to 2,400 square feet by eliminating the garages, offering flexible design and space optimization. --> Cleared Site, eliminating the need for costly and time-consuming demolition --> No tenants to evict and no rental replacement requirements, streamlining the development process --> Development Charge Savings, 4 development credits due to the previous duplexes on-site. Build 6 townhomes while paying development charges for only 2 units. No development charges if the site is converted to three 5-unit multiplexes --> Spacious lot dimensions: 15.58m x 37.18m (511 x 1220) -- Vendor Take-Back Mortgage Available --> Zoned and Site Plan Approved, can go straight to building permits --> Additional Potential: Build up to 15 units as-of-right, with support for higher density with additional approvals --> Proximity to Financial District --> Growth area and is seeing substantial development, including new residential, commercial, and mixed-use projects that are transforming the neighbourhood and upcoming Ontario Line TTC Subway Station only a 10-minute walk, Toronto Metropolitan University and the University of Toronto nearby. **EXTRAS** Included: Architectural drawings for 6 freehold townhomes with backyard and garage. 6 lots with individual PINS. Additional density can be achieved. Potential for CMHC funding options. Possible to buy one row of townhouses (3/6 lots).

Features

Included at 238-240 Berkeley St

Toronto

Electricity is not included

Air Conditioning is not included

Building Insurance is not included

Located near Parliament St / Dundas St E

Postal Code is M5A 2X4

MLS ID is C11931506

Heating is not included

Water is not included

Located in the Moss Park area

Located in Toronto

Listed for $5,250,000

Municipal Water supply

Located near Parliament St / Dundas St E

No Central Vacuum system

Postal Code is M5A 2X4

MLS ID is C11931506

Located in the Moss Park area

Located in Toronto

Listed for $5,250,000

Sanitation method is Sewers

Located near Parliament St / Dundas St E

Water Supply is Municipal

Postal Code is M5A 2X4

MLS ID is C11931506

Located in the Moss Park area

Located in Toronto

Sanitation method is Sewers

Listed for $5,250,000

Listed

216 Days Ago

238-240 Berkeley St Toronto $5,250,000

>> Property is Vacant Land

Predicted Price

Lot Size is 51.34 ft front x

120.25 ft depth

0

Bed

0 Bath

No Parking

238-240 Berkeley St For Sale

Property Taxes are $14488 per year

Front entry is on the West side of

Berkeley

St

Lot Size is 51.34 ft front x

120.25 ft depth

Opportunity to acquire a fully approved development site for 6 freehold townhomes, each on separately deeded lots. The site comes with architectural drawings and detailed renderings, offering a turnkey solution for immediate development. Additionally, theres potential for higher density through further approvals, with current zoning already allowing up to 15 dwelling units as-of-right. Each townhome spans approximately 2,000 square feet, with an option to increase to 2,400 square feet by eliminating the garages, offering flexible design and space optimization. –> Cleared Site, eliminating the need for costly and time-consuming demolition –> No tenants to evict and no rental replacement requirements, streamlining the development process –> Development Charge Savings, 4 development credits due to the previous duplexes on-site. Build 6 townhomes while paying development charges for only 2 units. No development charges if the site is converted to three 5-unit multiplexes –> Spacious lot dimensions: 15.58m x 37.18m (511 x 1220) — Vendor Take-Back Mortgage Available –> Zoned and Site Plan Approved, can go straight to building permits –> Additional Potential: Build up to 15 units as-of-right, with support for higher density with additional approvals –> Proximity to Financial District –> Growth area and is seeing substantial development, including new residential, commercial, and mixed-use projects that are transforming the neighbourhood and upcoming Ontario Line TTC Subway Station only a 10-minute walk, Toronto Metropolitan University and the University of Toronto nearby. **EXTRAS** Included: Architectural drawings for 6 freehold townhomes with backyard and garage. 6 lots with individual PINS. Additional density can be achieved. Potential for CMHC funding options. Possible to buy one row of townhouses (3/6 lots).
About

Located near Parliament St / Dundas St E

Postal Code is M5A 2X4

MLS ID is C11931506

Located in the Moss Park area

Located in Toronto

Listed for $5,250,000

Municipal Water supply

Located near Parliament St / Dundas St E

No Central Vacuum system

Postal Code is M5A 2X4

MLS ID is C11931506

Located in the Moss Park area

Located in Toronto

Listed for $5,250,000

Sanitation method is Sewers

Located near Parliament St / Dundas St E

Water Supply is Municipal

Postal Code is M5A 2X4

MLS ID is C11931506

Located in the Moss Park area

Located in Toronto

Sanitation method is Sewers

Listed for $5,250,000

No Included details provided
Included

Features

Listed

216 Days Ago

238-240 Berkeley St Toronto $5,250,000

>> Property is Vacant Land

Predicted Price

Lot Size is 51.34 ft front x

120.25 ft depth

0

Bed

0 Bath

No Parking

238-240 Berkeley St For Sale

Property Taxes are $14488 per year

Front entry is on the West side of

Berkeley

St

Lot Size is 51.34 ft front x

120.25 ft depth

Opportunity to acquire a fully approved development site for 6 freehold townhomes, each on separately deeded lots. The site comes with architectural drawings and detailed renderings, offering a turnkey solution for immediate development. Additionally, theres potential for higher density through further approvals, with current zoning already allowing up to 15 dwelling units as-of-right. Each townhome spans approximately 2,000 square feet, with an option to increase to 2,400 square feet by eliminating the garages, offering flexible design and space optimization. –> Cleared Site, eliminating the need for costly and time-consuming demolition –> No tenants to evict and no rental replacement requirements, streamlining the development process –> Development Charge Savings, 4 development credits due to the previous duplexes on-site. Build 6 townhomes while paying development charges for only 2 units. No development charges if the site is converted to three 5-unit multiplexes –> Spacious lot dimensions: 15.58m x 37.18m (511 x 1220) — Vendor Take-Back Mortgage Available –> Zoned and Site Plan Approved, can go straight to building permits –> Additional Potential: Build up to 15 units as-of-right, with support for higher density with additional approvals –> Proximity to Financial District –> Growth area and is seeing substantial development, including new residential, commercial, and mixed-use projects that are transforming the neighbourhood and upcoming Ontario Line TTC Subway Station only a 10-minute walk, Toronto Metropolitan University and the University of Toronto nearby. **EXTRAS** Included: Architectural drawings for 6 freehold townhomes with backyard and garage. 6 lots with individual PINS. Additional density can be achieved. Potential for CMHC funding options. Possible to buy one row of townhouses (3/6 lots).
About

Located near Parliament St / Dundas St E

Postal Code is M5A 2X4

MLS ID is C11931506

Located in the Moss Park area

Located in Toronto

Listed for $5,250,000

Municipal Water supply

Located near Parliament St / Dundas St E

No Central Vacuum system

Postal Code is M5A 2X4

MLS ID is C11931506

Located in the Moss Park area

Located in Toronto

Listed for $5,250,000

Sanitation method is Sewers

Located near Parliament St / Dundas St E

Water Supply is Municipal

Postal Code is M5A 2X4

MLS ID is C11931506

Located in the Moss Park area

Located in Toronto

Sanitation method is Sewers

Listed for $5,250,000

No Included details provided
Included

Features

Recent News

Data courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. Disclaimer: UnityRE takes care in ensuring accurate information, however all content on this page should be used for reference purposes only. For questions or to verify any of the data, please send us a message.

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238-240 Berkeley St Toronto $5,250,000

238-240 Berkeley St Toronto $5,250,000

0 Bed

0 Bath

Property Taxes are $14488 per year