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$4,499,000
Available - For Sale
Listing ID: C12928558
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.
Price $4,499,000
Taxes: $14,488.55
Tax Type: Annual
Occupancy by: Vacant
Address: 238 Berkeley Street , Toronto, M5A 2X4, Toronto
Postal Code: M5A 2X4
Province/State: Toronto
Legal Description: Lots 57 and 58, Plan 160
Directions/Cross Streets: Parliament St / Dundas St E
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Designated
Use: Residential
Total Area: 6,173.64
Total Area Code:  Square Feet
Area Influences: Public Transit   Subways
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Sewers: Sanitary+Storm
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PROPERTY.CA INC.

238 Berkeley Street , Toronto, M5A 2X4, Toronto

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Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Land
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Moss Park
Style:
Lot Size: x 120.25(Feet)
Approximate Age:
Tax: $14,488.55
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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