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!
Full Property Details
Interior
Bedrooms
3
Bedrooms Plus
3
Total Bedrooms
6
Washrooms
2
Square Footage
700-1100 sqft
Basement
Development Potential
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
Yes
Bedrooms
3
Bedrooms Plus
3
Total Bedrooms
6
Washrooms
2
Square Footage
700-1100 sqft
Basement
Development Potential
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
1
Kitchens Plus
1
Total Kitchens
2
Fireplace Features
Yes
Exterior
Depth
106.0
Front
50.0
Driveway
Private
Lot Size
50 x 106.0 ft
Pool
None
Parking Spaces
4
Total Parking Spaces
4.00
Parking Description
None
Garage Spaces
0
Depth
106.0
Front
50.0
Driveway
Private
Lot Size
50 x 106.0 ft
Pool
None
Parking Spaces
4
Total Parking Spaces
4.00
Parking Description
None
Garage Spaces
0
Building Description
Style
Bungalow
Home Type
House
Subtype
Detached
Property Orientation
West
Exterior Finish
Aluminum Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
Bungalow
Home Type
House
Subtype
Detached
Property Orientation
West
Exterior Finish
Aluminum Siding
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Clairlea-Birchmount
Community
Clairlea-Birchmount
Taxes & Fees
Taxes
$4,373.71 /yr
Tax Year
2026
Occupancy
Vacant
Taxes
$4,373.71 /yr
Tax Year
2026
Occupancy
Vacant
Room Types
Bedroom
-
Dimensions 10.01 x 6.99 feet
69.97 sqft
Bedroom 2
Parquet
Dimensions 12.01 x 10.01 feet
120.22 sqft
Bedroom 3
Parquet
Dimensions 10.01 x 10.01 feet
100.2 sqft
Bedroom 4
-
Dimensions 12.01 x 10.01 feet
120.22 sqft
Bedroom 5
-
Dimensions 10.01 x 8.01 feet
80.18 sqft
Dining Room
Combined w/Living
Dimensions 14.99 x 10.01 feet
150.05 sqft
Kitchen
W/O To Terrace
Dimensions 6.99 x 8.01 feet
55.99 sqft
Kitchen
-
Dimensions 8.99 x 6 feet
53.94 sqft
Living Room
Combined w/Dining
Dimensions 14.99 x 10.01 feet
150.05 sqft
Primary Bedroom
Parquet
Dimensions 14.01 x 12.01 feet
168.26 sqft
Sitting
-
Dimensions 8.01 x 6.99 feet
55.99 sqft
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