Listed
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
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
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
Features
Listed
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
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
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.