$1,750,000
For sale: Vacant Land

PRIZE INFILL SITE - APPROVED RESIDENTIAL DEVELOPMENT LAND - THREE 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 Streetto Milan Street, with a combined total lot area of 3,122 SF approx. for the 3-lot parcel. APPROVED BUILT FORM: Construction of three (3) modern, 4-storey townhouse units featuring integral garages and private driveways.-3 Units fronting Milan Street (239A - 239B - 241 Milan)-Individual Lot Areas: Range from 1,012 to 1,060 sq ft-Unit Sizes: Each approx. 2,000 sq ft GFA-Lot Frontage: 17 ft approx each of 3 lots ZONING 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. 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.ESTABLISHED NEIGHBOURHOOD CHARACTER: Designed with appropriate massing to seamlessly fit the local context. Three family-sized TH units in a high-demand downtown location with quick and easy access to employment, amenities, parks and extensive public transit options.
Sold data
Homes in Moss Park took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 49, across 68 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.
The median sale price was $549,900.
Homes sold for about 3.1% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 19% of sellers reduced their price before finding a buyer.
Based on 68 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Moss Park) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,750,000
Vacant Land238A BERKELEY STREET, Moss Park, Toronto

$1,775,000
Other106 - 80 SHERBOURNE STREET, Moss Park, Toronto

$1,790,000
Other72-74 LIPPINCOTT STREET, University, Toronto

$1,690,000
Apartment301 - 68 YORKVILLE AVENUE, Annex, Toronto

$1,769,000
Detached494 DURIE STREET, Runnymede-Bloor West Village, Toronto

$1,778,000
Detached25 CORTLAND AVENUE, Lawrence Park South, Toronto

$1,690,000
Apartment308 - 384 SUNNYSIDE AVENUE, High Park-Swansea, Toronto

$1,599,000
Other394 SPADINA AVENUE, Kensington-Chinatown, Toronto