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. Site plan approved. 6 subdivided lots with individual PINS. Additional density can be achieved. Potential for CMHC funding options. (id:55598)
- MLS® C9510235
- Date Listed10/24/2024
- Days on Realty 12 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Subdivision Moss Park
- Property Type Land
- Water Public
- Square Feet 6,174 sq. ft
- Price Per Sq. Ft $850.39
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
98/100
Walker's Paradise
Walk Score ®
95/100
Rider's Paradise
Transit Score ®
100/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.Transit Summary
18 nearby routes: 11 bus, 7 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 79/100, Bike Score: 79/100.
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Frequently Asked Questions for 238 BERKELEY STREET
Source: Realty.com
238 BERKELEY STREET, Toronto (Moss Park), ON M5A2X4 is a Land, Land property listed for $5,250,000 The property is 6174 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 6 photos of 238 BERKELEY STREET.
The full address for this home is 238 BERKELEY STREET, Toronto (Moss Park), ON M5A2X4.
238 BERKELEY STREET has been listed on Realty.com since Thu October 24, 2024
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 79/100, Transit Score: 79/100, Bike Score: 79/100.
Listing provided courtesy of:
KELLER WILLIAMS REFERRED URBAN REALTY
(tel: (416) 572-1016)
Listing agent:
KENNETH YIM
(tel: (416) 572-1016)
This content last refreshed on 2024-11-05 10:45:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 238 BERKELEY STREET, Toronto (Moss Park), ON M5A2X4 : MLS® C9510235