98 Pitt Avenue

FOR SALE
$1,599,900
98 Pitt Avenue, Toronto
98 Pitt Avenue
98 Pitt Avenue
98 Pitt Avenue
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3 + 3
BEDROOMS
2
BATHROOMS
1 + 1
KITCHENS
6 + 4
ROOMS
E14127860
MLSID
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Property Description
Prime Multi-Unit Development Opportunity - Fully Severed, Approved, & Ready for Building Permits!ATTENTION BUILDERS & INVESTORS: Offered at $800K Per Lot ($1.6M Total for Both Severed Lots). Option to purchase 98 Pitt Ave or 98A Pitt Ave as individual lot, or acquire both lots as a complete turnkey package.Prime candidate for multi-unit redevelopment, ideal for a 4-plex plus! Bypass a full year of municipal delays and start building immediately. All the heavy lifting, planning red tape, and upfront capital investment have already been meticulously handled for you at 98 & 98A Pitt Avenue. Save over 1 year of waiting period for severance and other permits: this exceptional property comes completely ready for construction, featuring a fully completed lot severance (creating two distinct buildable lots) and Committee of Adjustment approval already secured. Skip the lengthy administrative cycle-the Zoning Certificate is locked in, Urban Forestry clearance is complete, the tree damage deposit is paid in full, and required tree protection fencing is already installed on-site. Additionally, the heavy financial and creative investment is completely done-fully paid, professional architectural designs (around $26,000 value) for both 98 and 98A are included and ready to go.There is no more waiting on planning committees, forestry reviews, or design drafts. A full year of time and effort is already banked for you. The path forward is crystal clear: simply submit the complete, ready-to-go architectural plans to pull your building permits and break ground. Single Lot Purchase: Ideal for custom home builders or end-users looking for a pre-approved single-lot build. Package Purchase (Both Lots): Perfect for multi-residential developers looking to maximize site yield and profitability.An unmissable opportunity to skip the queue and fast-track straight to project execution!
Sold History
List Date Sold Date Days Listed List Price Sold Price
2023-10-25 2023-10-28 3 $1,250,000 $1,220,000
Nearby Intersections
Property Features
None, Private
Property Details
Address
98 Pitt Avenue
Postal Code
M1L 2R6
Property Type
Detached, Detached
Lot Size
50' x 106'
Taxes
$4,374 (2026
Basement
Development Potential
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
4
Garage Type
None
Listing contracted with Century 21 Titans Realty Inc.
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BEDS
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4+1
BEDS
2
BATHS
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FOR SALE
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