MLS® listing
98 Pitt Avenue: detached house for sale
$1,599,900
From the listing brokerage
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!
Facts on the listing
| Square feet | 700-1100 |
|---|---|
| Style | Bungalow |
| Basement | Development Potential |
| Lot width | 50 |
| Lot depth | 106 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 4 |
| Garage | None |
| Heating | Forced Air |
| Cooling | None |
| Kitchens | 2 |
| Rooms | 9 |
| Property tax | $4,374 |
| Tax year | 2026 |
| Parking | Private |
| Interior features | None |
Listing courtesy of CENTURY 21 TITANS REALTY INC.. MLS® E14127860.
About this detached house
98 Pitt Avenue is a 6 bedroom detached house in TRREB's Clairlea-Birchmount community in Toronto, listed for sale at $1,599,900. The listing shows 2 bathrooms and 700-1100 square feet. The style is given as bungalow. The lot is listed as 50 by 106 feet. The listing gives the basement as development potential. It comes with 4 parking spaces according to the listing. The nearest main intersection given is Victoria Pk/St.Clair.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 98 Pitt Avenue
At the asking price of $1,599,900, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,599,900 |
|---|---|
| Ontario land transfer tax | $28,473 |
| Toronto municipal land transfer tax | $28,473 |
| Both taxes | $56,946 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $319,980 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2026) | $4,374 a year, about $364 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 550 detached house sales in the City of Toronto in August 2026, at a median price of $1,170,000 and an average of $1,525,749. This home is listed at $1,599,900, which is $429,900 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 50 by 106 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
Similar homes for sale in Toronto
$1,619,00027 Armour Boulevard, Toronto, ON M5M 3B95 bedrooms · 2 bathrooms · DetachedListed by CORCORAN HORIZON REALTY. MLS® C14106548
$2,488,00060 Jopling Avenue N, Toronto, ON M9B 4G25 bedrooms · 5 bathrooms · DetachedListed by RE/MAX REAL ESTATE CENTRE INC.. MLS® W14029940
$2,649,00022 Lesmar Drive, Toronto, ON M9B 2V15 bedrooms · 5 bathrooms · DetachedListed by SAGE REAL ESTATE LIMITED. MLS® W14128104
$899,00020 Shaneen Boulevard, Toronto, ON M1R 1B75 bedrooms · 2 bathrooms · DetachedListed by HOMELIFE/MIRACLE REALTY LTD. MLS® E14127410
$2,750,00050 Beaufort Road, Toronto, ON M4E 1M75 bedrooms · 4 bathrooms · DetachedListed by SUTTON GROUP-ADMIRAL REALTY INC.. MLS® E14122028
$988,800777 Huntingwood Drive, Toronto, ON M1T 2L55 bedrooms · 4 bathrooms · DetachedListed by CENTURY 21 LEADING EDGE REALTY INC.. MLS® E14127852
Questions about 98 Pitt Avenue
How much is land transfer tax on 98 Pitt Avenue?
At the asking price of $1,599,900 the Ontario tax is $28,473 and the Toronto tax is $28,473, $56,946 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 98 Pitt Avenue?
$319,980 at the asking price of $1,599,900, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 98 Pitt Avenue?
The listing shows $4,374 a year for 2026, about $364 a month.
Is 98 Pitt Avenue priced above or below the median?
It is listed at $1,599,900. The August 2026 median for detached house sales in the City of Toronto was $1,170,000 across 550 sales, so the asking price is $429,900 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 98 Pitt Avenue?
Use the form on this page or call us. Quote MLS® E14127860. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 98 Pitt Avenue still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
REALTOR®, REALTORS® and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). MLS®, Multiple Listing Service® and the associated logos are trademarks owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.