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238 BERKELEY STREET Toronto
  • 238 BERKELEY STREET Toronto
  • 238 BERKELEY STREET Toronto

238 BERKELEY STREET, Toronto, Ontario

$4,249,000

  • 6,174 Square Feet

Client RemarksAn 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. (id:50212)

  • Listing ID: C13008952
  • Property Type: Vacant Land
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Details

  • Amenities Nearby: Public Transit
  • Transaction: For sale
  • Zoning Description: Residential

Building

  • Fireplace Present: False
  • Size Interior: 6174 sqft
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit
  • Size Frontage: 51 ft ,4 in
  • Size Irregular: 51.34 x 120.25 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 238 BERKELEY STREET in Toronto Ontario. It was last modified on April 16th, 2026. Contact The TanTeam to schedule a viewing or to discover other Toronto real estate for sale.

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