98 Pitt Avenue

Toronto, ONDetached
$1,599,900
MLS® E14127860
Detached6 beds2 baths4 total
98 Pitt Avenue, Toronto, ON photo 1
98 Pitt Avenue, Toronto, ON photo 2
98 Pitt Avenue, Toronto, ON photo 3
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About This Property

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! (id:63604)

Key Facts

Type
Detached
Beds
6
Baths
2
Size
700 sqft
Lot
50 x 106 FT
Parking
4 total
Property Details 15 details
Bedrooms
6 bedrooms
3 above grade + 3 below grade
Bathrooms
2 bathrooms
Parking
4 parking spaces
No Garage
Living area
700 - 1,100 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Heating
Forced air, Natural gas
Fireplace
Yes
Lot dimensions
50 x 106 FT
Frontage
50 feet
Taxes
$4,373.71
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Parquet

Exterior features

Aluminum sidingBlock
Rooms 11 rooms
Level
Room
Dimensions
Ground level
Bedroom 5
3.05 m x 2.44 m
Other
Bedroom
3.05 m x 2.13 m
Main level
Living room
4.57 m x 3.05 m
Main level
Dining room
4.57 m x 3.05 m
Main level
Kitchen
2.13 m x 2.44 m
Main level
Primary Bedroom
4.27 m x 3.66 m
Main level
Bedroom 2
3.66 m x 3.05 m
Main level
Bedroom 3
3.05 m x 3.05 m
Ground level
Sitting room
2.44 m x 2.13 m
Ground level
Kitchen
2.74 m x 1.83 m
Ground level
Bedroom 4
3.66 m x 3.05 m
Mortgage & Affordability Estimate monthly costs
Purchase price$1,599,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Clairlea-Birchmount
City
Toronto
Postal code
M1L 2R6
Nearby
Cross Streets: Victoria Pk/St.Clair. ** Directions: Parallel to Victoria Park.