238 Berkeley Street, Toronto C08, ON M5A 2X4
Toronto C08
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 238 Berkeley Street, Toronto C08, ON M5A 2X4
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# C13130170
Listed by PROPERTY.CA INC.
On market since May 14, 2026
238 Berkeley Street, Toronto C08, ON M5A 2X4 is listed for $3,999,000 CAD.
238 Berkeley Street, Toronto C08, ON M5A 2X4 has 0 bedrooms and 0 bathrooms.
238 Berkeley Street, Toronto C08, ON M5A 2X4 is a Vacant Land.
238 Berkeley Street, Toronto C08, ON M5A 2X4 is in Toronto C08, Ontario.
238 Berkeley Street, Toronto C08, ON M5A 2X4 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 238 Berkeley Street, Toronto C08, ON M5A 2X4 (MLS# C13130170). You can also send a message through the contact form on this site.
