238 Berkeley St

FOR SALE
$2,150,000
Sold
$1,900,000
238 Berkeley St, Downtown Toronto
238 Berkeley St
238 Berkeley St
238 Berkeley St
238 Berkeley St
238 Berkeley St
8
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
10
ROOMS
C5148078
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-03-11 2021-05-03 53 $2,150,000 $1,900,000 Sold
2019-06-19 2019-08-27 69 $2,850,000 - Terminated
Property Description
"Location / Location / Location" Rare Development Property Perfect For Investors Or Builders. Property Is Located In The Heart Of Downtown Toronto. 15 Mins (1.7 Km) Walking Distance To Ryerson University & 30 Mins Walking Distance To U Of T (2.5 Km). The Property Is Being Sold Together W/240 Berkeley St. As Is. Both Properties Combined Have Been Approved For Rezoning. Application For Severance And Site Plan Approval Is In Process For 6 Townhouses
Extras
W/Modern 3-Story Open Concept Design, 1800 Sq. Ft/Each Above Grade Each. Buyer To Verify Redeveloping W/City Planner. Newly Renovated. Potential Rental Income $70,000/Year. 2 Fridges, 2 Stoves, Washer & Dryer.
Nearby Intersections
Property Details
Community
Property Type
Semi-Detached, 2-Storey
Lot Size
26' x 120'
Fronting
West
Taxes
$6,094 (2020)
Basement
Part Bsmt
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Available
Garage Type
Detached
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BATHS
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Steps to Bloor, 721 Shaw is the perfect multi-family residential home to add to your growing portfolio or off-set your mortgage. The property currently boasts nearly $110k in gross annual income and a staggering 4.5% cap rate. The basement suite was renovated in 2020 and features 2-beds and a modern kitchen. The main floor suite includes 2-beds and a sun-drenched kitchen with views of the city skyline. The upper floor is the largest suite, spread over two floors with 3-beds and a sizeable family room. Proximity to Bloor and Ossington make this property extremely easy to access transit and attractive among tenants.
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