$3,999,000
FOR SALE

Vacant Land

Lot: 51.34 x 120.25 ft
2025 Taxes: $14,488.55

238 Berkeley St
Toronto, ON M5A 2X4 | Moss Park

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.
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Listed By PROPERTY.CA INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C13130170
Last Updated May 14, 2026
Property Summary
Property Type Vacant Land

More like this:
PIN 210900463
Legal Description Lots 57 and 58, Plan 160
Possession Date Flexible
Taxes (2025) $14,488.55
Directions/Cross Streets Parliament St / Dundas St E
Neighbourhood Moss Park
Area Toronto
Price History

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Detailed Information
Fronting On North
Special Designations Unknown
Lot 51.34 x 120.25 ft

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