98 Pitt Ave, Toronto

Name: 98 Pitt Avenue
SKU: E14127860
Price: 1599900 CAD
Availability: InStock

3 Bed, 2 Bath Detached Home in Toronto

About 98 Pitt Avenue

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!

3 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $2,286 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 98 Pitt Ave

Every detail from the listing, in one place.

Type: Detached
Style: Bungalow
Living space: 700-1100 sq ftas stated on the listing
Lot size: 50.00 x 106.00 Feet
Parking: 4 spaces
Basement: Development Potential

Features & systems

Parking & garage

Parking spaces: 4

Interior

Basement: Development Potential

Lot & land

Lot dimensions: 50.00 x 106.00 Feet
Lot size (sqft): 0

Listing & possession

Property style: Bungalow
Property class: Detached

98 Pitt Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 24, 2026For saleListedThis listingMLS® E14127860$1,599,900

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 98 Pitt Ave Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 16,043 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,080,321
Average days on market: 32
Homes sold: 9,278

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5110.5%On average, homes sold at or above asking.
Active listings12,569Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 2 – Jul 31, 2026.

Based on 9,278 sales from Jul 31 – Oct 29, 2026 (6,995 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home98 Pitt Avenue 3 bd · 2 ba · 700 sqft	$1,599,900asking	$2,286	—	—
71 Yorkview Drive 4 bd · 5 ba · 3,500 sqft
594 Woburn Avenue 4 bd · 3 ba · 3,000 sqft
290 Margueretta Street 3 bd · 1 ba · 700 sqft
12 Longhope Place 3 bd · 3 ba · 1,100 sqft
63 St Clements Avenue 4 bd · 4 ba · 2,500 sqft
96 Summerhill Avenue 5 bd · 4 ba · 2,500 sqft

71 Yorkview Drive
4 bd · 5 ba · 3,500 sqft
594 Woburn Avenue
4 bd · 3 ba · 3,000 sqft
290 Margueretta Street
3 bd · 1 ba · 700 sqft
12 Longhope Place
3 bd · 3 ba · 1,100 sqft
63 St Clements Avenue
4 bd · 4 ba · 2,500 sqft
96 Summerhill Avenue
5 bd · 4 ba · 2,500 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Victoria Park StationLine 21.2 km15 min walk
Warden StationLine 21.4 km17 min walk
Main Street StationLine 21.9 km24 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Victoria Park Station (Line 2)15 min walk
Warden Station (Line 2)17 min walk
Main Street Station (Line 2)24 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Victoria Park Station
1.2 km15 minClosest· Line 2
Homes near Victoria Park Station
Warden Station
1.4 km17 min· Line 2
Homes near Warden Station
Main Street Station
1.9 km24 min· Line 2
Homes near Main Street Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 98 Pitt Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 98 Pitt Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,860; 20% down · 25 years · 5.5% assumed
Property tax: $880; 0.66% mill rate · ON
Total per month: $8,740; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Mortgage payments

Mortgage financingPowered by

Lock in a low rate before you offer

Compare today's rates across lenders, lock yours in, and get pre-qualified in about 2 minutes.

Lock in my rate

Call now

Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →

Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.

Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,860

/mo

based on the purchase price of $1,599,900

Down payment20%

$319,980 cash

Amortization25 yr

$1,279,920 financed

Rate5.50%

$1,078,029 total interest

Principal54%$1,279,920

Interest46%$1,078,029

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 98 Pitt Ave with a licensed buyer's agent

Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.

Zara, any time

Zara · AI virtual agent

Ask about 98 Pitt Ave day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.

A licensed local agent

Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.

Find an agent (905) 553-8500 (main line)

Questions About 98 Pitt Ave

How much is 98 Pitt Ave listed for?

98 Pitt Ave is listed at $1,599,900 (MLS® E14127860). Summitly updates the price as soon as the MLS® record changes.

Is $1,599,900 a good price for 98 Pitt Ave?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 98 Pitt Ave changed?

No — 98 Pitt Ave is still listed at its original asking price of $1,599,900.

How many bedrooms and bathrooms does 98 Pitt Ave have?

98 Pitt Ave has 3 bedrooms and 2 bathrooms, with about 700–1,100 square feet of living space. It is a detached home in Toronto.

Is 98 Pitt Ave close to transit?

The nearest rapid-transit station is Victoria Park Station (Line 2), about 1.2 km (about a 15-minute walk) in a straight line. Warden Station is about 1.4 km (about a 17-minute walk), and Main Street Station is about 1.9 km (about a 24-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 98 Pitt Ave?

About $7,860 a month — principal and interest on $1,599,900 with 20% down ($319,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 98 Pitt Ave compare with other homes in Toronto?

Its asking price of $1,599,900 is about 90% above the median sold price in Toronto over the last 90 days, $840,000, across 9,278 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 98 Pitt Ave been sold before?

Summitly has no earlier MLS® sale or lease of 98 Pitt Ave on record from the last two years. Older records aren't shown under TRREB rules.

Where is 98 Pitt Ave?

98 Pitt Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 98 Pitt Ave been on the market?

5 days — 98 Pitt Ave was listed on October 24, 2026.

What is the price per square foot of 98 Pitt Ave?

About $1,454 to $2,286 per square foot: the asking price of $1,599,900 over the 700–1,100 sq ft the listing gives as its size range.

Does 98 Pitt Ave have parking or a garage?

Yes — the listing gives 4 parking spaces.

What you should know

3 Bed, 2 Bath Detached Home in Toronto

About 98 Pitt Avenue

Inside 98 Pitt Ave

Features & systems

98 Pitt Ave Price & Sale History

How 98 Pitt Ave Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 98 Pitt Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Pitt Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 98 Pitt Ave, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

3 Bed, 2 Bath Detached Home in Toronto

About 98 Pitt Avenue

Inside 98 Pitt Ave

Features & systems

98 Pitt Ave Price & Sale History

How 98 Pitt Ave Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 98 Pitt Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Pitt Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 98 Pitt Ave, Toronto in person

Questions About 98 Pitt Ave

How much is 98 Pitt Ave listed for?

Is $1,599,900 a good price for 98 Pitt Ave?

Has the price of 98 Pitt Ave changed?

How many bedrooms and bathrooms does 98 Pitt Ave have?

Is 98 Pitt Ave close to transit?

How much would the monthly mortgage be on 98 Pitt Ave?

How does 98 Pitt Ave compare with other homes in Toronto?

Has 98 Pitt Ave been sold before?

Where is 98 Pitt Ave?

How long has 98 Pitt Ave been on the market?

What is the price per square foot of 98 Pitt Ave?

Does 98 Pitt Ave have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 98 Pitt Ave

How much is 98 Pitt Ave listed for?

Is $1,599,900 a good price for 98 Pitt Ave?

Has the price of 98 Pitt Ave changed?

How many bedrooms and bathrooms does 98 Pitt Ave have?

Is 98 Pitt Ave close to transit?

How much would the monthly mortgage be on 98 Pitt Ave?

How does 98 Pitt Ave compare with other homes in Toronto?

Has 98 Pitt Ave been sold before?

Where is 98 Pitt Ave?

How long has 98 Pitt Ave been on the market?

What is the price per square foot of 98 Pitt Ave?

Does 98 Pitt Ave have parking or a garage?