98 Pitt Avenue, Toronto, ON M1L 2R6
Toronto, ON M1L 2R6
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!
Property facts & features
- Property type
- Detached
- MLS® number
- E14127860
- Source status
- New
- Bedrooms
- 6
- Bathrooms
- 2
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- M1L 2R6
- Parking spaces
- 4
- Garage
- None
- Lot depth (source units)
- 106
- Annual property tax
- 4373.71
- Basement
- Development Potential
- Laundry
- Not provided
- Interior features
- None
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $1,599,900
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Toronto →Listing brokerage: CENTURY 21 TITANS REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® E14127860. Information deemed reliable but not guaranteed.