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238-240 Berkeley Street Toronto (Moss Park), Ontario M5A 2X4
MLS# C11931506 - Buy this house, and I'll buy Yours*

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$5,250,000

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). (id:51158)

Property Details

MLS® Number C11931506
Property Type Vacant Land
Community Name Moss Park

About 238-240 Berkeley Street, Toronto (Moss Park), Ontario


This For sale Property is located at 238-240 Berkeley Street Vacant Land set in the community of Moss Park, in the City of Toronto (Moss Park) Vacant Land bedroom(s), bath(s) . 238-240 Berkeley Street heating . This house features a Fireplace.

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This Toronto (Moss Park)

The Current price for the property located at 238-240 Berkeley Street, Toronto (Moss Park) is $5,250,000 and was listed on MLS on :2025-01-20 16:00:54. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.

Building

Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 120 Ft ,3 In
Size Frontage 51 Ft ,4 In
Size Irregular 51.34 X 120.25 Ft
Size Total Text 51.34 X 120.25 Ft|under 1/2 Acre

Utilities

Cable Available
Sewer Installed

https://www.realtor.ca/real-estate/27820588/238-240-berkeley-street-toronto-moss-park-moss-park

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