Type: Vacant Land
Style:
Size: Sq Ft
Age: Years
Taxes: $ 14,489 ( 2025)
Updated: 2026-04-16 19:13:06
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.
Vacant Land
Status: For Sale
MLS #: C13008880
Price: $ 4,249,000
Address: 238 Berkeley Street
Type:
Style:
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 14,489
Tax Year: 2025
Lot Size:
Neighbourhood: Moss Park
Nearest Intersection: Parliament St / Dundas St E
City: Toronto
Postal Code: M5A 2X4
DOM: 20 Days
Last Update: 2026-04-16 19:13:06
Bedrooms: 0
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Parking Spaces: 0.00
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