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:57276)
| MLS® Number | E14127860 |
| Property Type | Single Family |
| Community Name | Clairlea-Birchmount |
| ParkingSpaceTotal | 4 |
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 6 |
| ArchitecturalStyle | Bungalow |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Aluminum Siding |
| FireplacePresent | Yes |
| FlooringType | Parquet |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 700 - 1100 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 106 Ft |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 106 Ft |
| SizeTotalText | 50 X 106 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 4.57 m | 3.05 m | 4.57 m x 3.05 m |
| Main Level | Dining Room | 4.57 m | 3.05 m | 4.57 m x 3.05 m |
| Main Level | Kitchen | 2.13 m | 2.44 m | 2.13 m x 2.44 m |
| Main Level | Primary Bedroom | 4.27 m | 3.66 m | 4.27 m x 3.66 m |
| Main Level | Bedroom 2 | 3.66 m | 3.05 m | 3.66 m x 3.05 m |
| Main Level | Bedroom 3 | 3.05 m | 3.05 m | 3.05 m x 3.05 m |
| Other | Bedroom | 3.05 m | 2.13 m | 3.05 m x 2.13 m |
| Ground Level | Bedroom 5 | 3.05 m | 2.44 m | 3.05 m x 2.44 m |
| Ground Level | Sitting Room | 2.44 m | 2.13 m | 2.44 m x 2.13 m |
| Ground Level | Kitchen | 2.74 m | 1.83 m | 2.74 m x 1.83 m |
| Ground Level | Bedroom 4 | 3.66 m | 3.05 m | 3.66 m x 3.05 m |
Contact us for more information
Hosney Mobarake
Salesperson