238 Berkeley Street
Moss Park
Toronto
M5A 2X4
$3,999,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C13130278
- Bus Major:
- Residential
- Photos (2)
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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 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.
- Property Type:
- Commercial
- Property Sub Type:
- Land
- Total Area:
- 6174 sq. ft. Square Feet
- Total Area:
- 6,173.64 sq. ft.574 m2
- Lot Depth:
- 120'3"36.7 m
- Lot Frontage:
- 51'4"15.6 m
- Water supply:
- Municipal
- Zoning:
- Residential
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $14,488.55 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto C08
- Moss Park
- Public Transit, Subways
- Utilities:
- Available
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Sewers:
- Sanitary+Storm
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Major Business Type:
- Residential
- Category:
- Designated
- Franchise:
- No
- Chattels:
- No
- Date Listed:
- May 14, 2026
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Listed by PROPERTY.CA INC. and Royal Lepage Real Estate Associates
Data was last updated May 25, 2026 at 09:15 PM (UTC)
- Johnson Yu
- RE/MAX PARTNERS REALTY
- 1 (416) 828-1808
- Contact by Email
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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