238 BERKELEY STREET|Toronto (Moss Park), Ontario M5A2X4

  • Ontario
$ 3,999,000 7 minutes ago
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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. 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. (42884955)
Property Highlights
 Vacant Land
  MLS Link

🍎 Essential Lifestyle & Services

Enjoy the perfect balance of lifestyle and connectivity. You're just moments away from top-rated supermarkets, cafes, schools, parks, and essential healthcare facilities. For commuters, you have easy access to both GO Transit and local bus routes, making this the perfect location for your lifestyle.

📍 238 BERKELEY STREET|Toronto (Moss Park), Ontario M5A2X4
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$ 3,999,000

7 minutes ago
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Available: 0 Square Feet

0 Square Feet | $0.00 CAD (0%)
  • img Investment Type Onetime
  • img Profit $3,999,000.00 CAD
  • img Profit Schedule Onetime
  • img Capital Back Yes
  • img Profit Return After Investment Completion

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