98 PITT AVENUE
Toronto (Clairlea-Birchmount), Ontario
MLS® E14127860
$1,599,900
- Status
- Active
- Property type
- House
- MLS® number
- E14127860
- Bedrooms
- 6
- Bathrooms
- 2
- Year built
- —
1 / 4Listing 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 summary
- MLS® number
- E14127860
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 50 x 106 FT
- Annual property taxes
- $4,373.71
- Parking
- 4 spaces · No Garage
- Days on market
- 7 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Flooring
- Parquet
- Exterior features
- Aluminum siding
- Architectural style
- Bungalow
What would this home cost you?
Based on the $1,599,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 TITANS REALTY INC., TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.