$1,599,900
98 Pitt Ave
Toronto E04, ON M1L 2R6
98 Pitt Ave, Toronto E04 — Listed at $1,599,900. 6 bedroom, 2 bathroom Bungalow Detached. MLS® E14127860.
Possession · seller's timeline
Immediate
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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!
Property Details
Property Insights
Listing Courtesy of: CENTURY 21 TITANS REALTY INC.
MLS® #E14127860


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HouseIndex Take: 98 Pitt Avenue
This detached (Bungalow) is located in the Clairlea-Birchmount neighbourhood of Toronto.
The home offers 6+3 bedrooms, 2 bathrooms.
Features include a development potential basement, 4 parking spaces, a fireplace.
Additional details: lot dimensions of 50 × 106 feet.
Listed at $1,599,900 CAD with annual property taxes of $4,373.71 (2026).
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About Toronto Real Estate
This Detached is located in the Clairlea-Birchmount community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth.





