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    238-240 Berkeley Street, Toronto C08, ON M5A 2X4

    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    For Sale Active Residential Freehold

    238-240 Berkeley Street, Toronto C08, ON M5A 2X4

    $5,250,000

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    238-240 Berkeley Street, Toronto C08, ON M5A 2X4, Toronto C08, ON

    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).

    Property Highlights

    For Sale
    • icon

      MLS NO.

      C11931506

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      Type

      Residential Freehold

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      Sub Type

      Vacant Land

    Complete Property Details

    Property Type Residential Freehold
    Sub Type Vacant Land
    Transaction Type For Sale
    Status Active
    Contract Status Unavailable
    MLS® Number C11931506
    Total Bedrooms 0
    Total Bathrooms 0
    Total Kitchens 0
    Interior Features None
    Central Vacuum Yn No
    Lot Width 51.34
    Direction Facing West
    Internet Address Display Yn Yes
    Internet Entire Listing Display Yn Yes
    Full Address 238-240 Berkeley Street, Toronto C08, ON M5A 2X4
    City Toronto C08
    Neighbourhood Moss Park
    County / Region Toronto
    Province / State ON
    Postal Code M5A 2X4
    Cross Street Parliament St / Dundas St E
    List Price $5,250,000
    Annual Taxes $14,489
    Tax Year 2024
    Legal Description Lots 57 and 58, Plan 160
    Possession Details Flexible
    Listing Office KELLER WILLIAMS REFERRED URBAN REALTY
    Board Toronto Regional Real Estate Board
    Original Entry 2025-01-20T15:09:51Z
    Media Updated 2025-04-14T20:27:25Z
    Photos Updated 2025-04-14T20:27:25Z
    Last Modified 2025-04-16T12:48:03Z
    System Modified 2025-04-16T12:48:03.759361Z
    MLS Status Deal Fell Through
    Ddfyn Yes
    Expiration Date 2025-03-31
    Hstapplication Call LBO
    Occupant Type Vacant
    Originating System Id A00001796
    Public Remarks 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).
    Showing Requirements List Salesperson
    Street Name Berkeley
    Street Number 238-240
    Street Suffix Street
    Vendor Property Info Statement No