$5,250,000

Bed, Bath, home is located near Parliament St / Dundas St E in Moss Park.

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.

238 - 238-240 Berkeley St, Toronto is a bedroom, bathroom residential vacant land home. 238 - 238-240 Berkeley St, Toronto is conveniently located in the Moss Park neighbourhood of Toronto Ontario. 238 - 238-240 Berkeley St, Toronto is an MLS®-Listed home with an asking price of $5,250,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 238 - 238-240 Berkeley St, Toronto, the estimated monthly mortgage payment would be $25,368. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 238 - 238-240 Berkeley St, Toronto are approximately $14,489/year based on 2024 assessment.

This vacant land home located at 238 - 238-240 Berkeley St, Toronto features a exterior. The lot size of this West facing property is 51.34 x 120.25 feet. The home has fueled heating.