CAONTorontoDowntown238 Berkeley St
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238 Berkeley St, Toronto, ON

Real Estate

For Sale

Listed price in listed location currency (CAD).
$4,499,000

000

MLS® C12928558

  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial Land
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $14,489
Days Active 0
Approx. Age 
MLS® Number C12928558

Property Address: 238 Berkeley St, Toronto, ON, M5A2X4

Average square foot calculated using Size range provided by listing agent.

Description

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 24 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.
MLS® NumberC12928558
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$4,499,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
238 Berkeley St, Toronto, ON

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