For Sale - 238 Berkeley Street, Toronto, Ontario

Est payment $19,203/mo
Views   3
Time on Jump  4 day
  • Shovel-ready site for six individually deeded townhome lots.
  • Includes architectural drawings and renderings for quick construction.
  • Development credits available, reducing costs for builder.
  • Flexible floor plans range from 2,000 to 2,400 sq. ft.
  • Located in a high-growth area near transit and universities.



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 36 (24 non micro) 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 IDC13130278
Address238 Berkeley Street
CityToronto, Ontario
Price$3,999,000
StyleLand
TypeVacant Land
StatusFor Sale
Subtype LandCommunity Features Public Transit, SubwaysSewer Sanitary+Storm
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238 Berkeley Street
Toronto , Ontario
$3,999,000
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