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    For Sale - 238 Berkeley Street, Toronto, Ontario

    Est payment $21,604/mo
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    Views   1
    Time on Jump  6 day

    AI Summary *

    • Fully approved site ready for six freehold townhomes, no delays.
    • Includes architectural drawings and renderings for quick construction.
    • Development credits allow for six homes with charges for only two.
    • High-growth location, just a short walk to the upcoming subway station.
    • Zoning permits potential for more than 24 dwelling units.




    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. 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.
    Listing IDC12928650
    Address238 Berkeley Street
    CityToronto, Ontario
    Price$4,499,000
    StyleVacant Land
    TypeVacant Land
    StatusFor Sale

    Subtype Vacant LandOwnership FreeholdWaterfront None

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    Listing Agency:  PROPERTY.CA INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    238 Berkeley Street
    Toronto , Ontario
    $4,499,000
    Get more info