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239A Milan Street
homes for sale · Toronto · Moss Park
$1,750,000

239A Milan Street

Moss Park, Toronto · MLS® C13849606

3,122 sq ft · Land · Vacant Land · 23 days on market

listed by NEIL H WARSHAFSKY, ROYAL LEPAGE REAL ESTATE SERVICES LTD.

realtor's description

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.

property details

type
Land, Vacant Land
living area
3,122 sq ft
parking
0
property tax
$9,891 / yr
days on market
23
MLS®
C13849606

monthly cost

$8,449/mo
Mortgage $7,625 · Tax $824

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$7,625/ monthly
loan $1,400,000
25-year amortization
total interest
$887,375
cash to close
$350,000
down payment; transfer tax and fees not included
total paid
$2,287,375

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Moss Park, TorontoGoogle Maps ↗

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listed by
NEIL H WARSHAFSKY
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
call NEIL · 416-451-8757
Powered by: REALTOR.ca

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0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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