ON
Toronto (Moss Park)
M5A2X4
238 Berkeley Street
238 Berkeley Street, Toronto (Moss Park), ON M5A2X4
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Listing Type
Lots/Land
Listing Status
Active
0
$4,499,000

Home Details for 238 Berkeley Street

Price
$4,499,000
Type
Land
Listing #
C12928650
Property Description

An exceptional opportunity to acquire a shovel-ready, fully approved development site for six freehold townhomes, each situated on its own separately deeded lot. This cleared site offers a seamless transition to construction, coming complete with architectural drawings and detailed renderings, effectively eliminating the delays of demolition and tenant relocation. The project benefits from four existing development credits due to previous structures on-site, allowing a builder to deliver six homes while paying development charges for only two units. The current plans feature spacious 2,000 sq. ft. layouts, with the flexible option to expand to 2,400 sq. ft. by optimizing garage space. Beyond the current approvals, the site holds significant untapped potential, with as-of-right zoning allowing for up to 24 dwelling units or higher depending on built form. The lot measures approximately 51.3 ft x 121 ft and is strategically located in a high-growth corridor, just a 10-minute walk from the upcoming Ontario Line Subway station and within close proximity to the Financial District, TMU, and the University of Toronto. Included are six individual PINs (238, 238A, 240 Berkley St & 239A, 239B, 241 Milan St) and a full architectural package for freehold townhomes featuring private backyards and garages. (id:31684)

Property Features
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    EXIT INTEGRITY REALTY, BROKERAGE
    240 Holiday Inn Drive #F, Cambridge, ON N3C 3X4
    Kate Hoekstra
    License #: 5012081
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