$ 5.250.000

238 Berkeley Street, Toronto

  • Living area: 6173.64 square feet
  • Type: Lots and Land
  • Added: 29 days ago
  • Updated: 28 days ago
  • Last Checked: 8 hours ago
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. ***

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 6173.64

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 238 Berkeley Street

  • Water Source: Municipal water
  • Lot Size Dimensions: 51.34 x 120.25 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Parliament St / Dundas St E

Business & Leasing InformationCheck business and leasing options available at 238 Berkeley Street

  • Business Type: Residential

Tax & Legal InformationGet tax and legal details applicable to 238 Berkeley Street

  • Tax Annual Amount: 14488.55
  • Zoning Description: Residential
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Nearby Listings Stat

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Min Price
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Days until Sold
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More Details?
KENNETH YIM
  • KENNETH YIM
  • KELLER WILLIAMS REFERRED URBAN REALTY
  • 416-572-1016
  • WebSite

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