238-240 Berkeley Street, Toronto, ON M5A 4C3
Moss Park · C08 · M5A 4C3
$3,500,000
$561 / sq ft1 months on market
- Interior
- 6,244 sf
- Lot
- 52 × 120 ft
About this property
PRIZE INFILL SITE - APPROVED RESIDENTIAL DEVELOPMENT LAND - SIX LOT PARCEL FOR SALE:A low risk "prize site" with clear entitlements and execution certainty. Located in the dynamic Moss Park neighbourhood of downtown Toronto. The Subject Site is currently vacant and located between Dundas St. to the north and Shuter St. to the south.THE APPROVAL: Allows the severance and reconfiguration of the two existing through lots into six individual lots, (3-lots fronting Berkeley, 3-lots fronting Milan) each improved with a 4-storey townhouse with integral garage and private driveway. Planning work completed by WND Associates and Craig Race Architecture.SITE METRICS: Two contiguous, generally rectangular through-lots spanning from Berkeley Street to Milan Street, with a combined total lot area of 6,244 SF approx. for the 6-lot parcel. APPROVED BUILT FORM: Construction of six (6) modern, 4-storey townhouse units featuring integral garages and private driveways.-3 Units fronting Berkeley Street (238A - 238B - 240 Berkeley)-3 Units fronting Milan Street (239A - 239B - 241 Milan)-Individual Lot Areas: Range from 1,017 to 1,072 sq ft-Unit Sizes: Range from 1,895 to 2,007 sq ft GFA approx.-Lot Frontage: 17 ft approxZONING COMPLIANCE: Compliant with maximum height provisions 41 ft./4 storeys with structured minor variances in place for parameters such as density, setbacks, and lot dimensions to mirror successful, recent neighbourhood precedents. EXEMPT FROM SITE PLAN CONTROL & PLAN OF SUBDIVISION: Thanks to provincial legislative thresholds exempting residential projects with 10 or fewer units, the development bypasses traditional, time-consuming Site Plan Control, drastically shortening the timeline to building permit issuance.
Property details
Property
- Property type
- vacant land
- Interior size
- 6,244 sq ft
- Lot size
- 52 × 120 ft
- Zoning
- Residential R (d1.0) (x984)
- Possession
- To be arranged
Exterior & services
- Sewer
- Sanitary+Storm Available
Costs
- List price
- $3,500,000
- Property taxes
- $19,812 / year (2026)
- Price per sq ft
- $561
Listing
- MLS® number
- C13849812
- Status
- For sale
- Listed
- October 1, 2026
- Days on market
- 34
- Last updated
- October 9, 2026
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 75% of comparable vacant land listings in Toronto are asking less.
- This home
- $561 / sq ft
- Comparable median
- $240 / sq ft
Based on 95 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $15,481.68
- Property tax (est.)
- $1,651.00
- Estimated monthly
- $17,133
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $73,975
- Toronto municipal
- $78,975
- Total due on closing
- $152,950
An estimate on the asking price of $3,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
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