$1,599,900
 $8,589 est/mo Sourced by Back At You

98 Pitt Avenue,Toronto (Clairlea-Birchmount), ON M1L2R6

Toronto (Clairlea-Birchmount), ON M1L2R6

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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! (id:13843)

Details

MLS #E14127860
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site16
Listing Provided ByCENTURY 21 TITANS REALTY INC. | HOSNEY MOBARAKE

Features

Bed(s)6
Bath(s) 2 Total
SQ Feet700
Story(s)1

Interior

CoolingNone
HeatingForced air, Natural gas
Fireplace Yes / NoYes

Exterior

Foundation DetailsBlock

Parking

Parking FeaturesNo Garage
Parking Total4

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount4373.71

Area Information

ProvinceON
CityToronto (Clairlea-Birchmount)
Postal CodeM1L2R6
Listing VS Median (in M1L2R6)
Price:
$1,599,900
low | high
Med:
$1,599,900
50% of Average
sqft:
700
low | high
Med:
700
50% of Average
$ / sqft:
$2,286
low | high
Med:
$2,286
50% of Average
On site:
16
low | high
Med:
16
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityToronto (Clairlea-Birchmount)
Postal CodeM1L2R6
Listing VS Median (in M1L2R6)
Price:
$1,599,900
low | high
Med:
$1,599,900
50% of Average
sqft:
700
low | high
Med:
700
50% of Average
$ / sqft:
$2,286
low | high
Med:
$2,286
50% of Average
On site:
16
low | high
Med:
16
100% of Average
Sourced by Back At You
Listing Updated: October 29, 2026 at 7:57:58 AM PDT