Teh One Who Knocks
07-29-2020, 10:21 AM
Sean Davidson, Multi-Platform Writer - CTV News Toronto
https://i.imgur.com/kwbAdgzl.jpg
TORONTO -- If there was any hope that a global pandemic would help slow down Toronto's booming housing market this new listing proves that’s not the case.
A tiny two-bedroom, one bathroom home on Euclid Street in Little Italy has just hit the market for $999,999.
The "rare detached bungalow located in the heart of Toronto" is advertised as being a "great size" with "loads of potential."
https://i.imgur.com/oCxABGb.png
The bungalow, which has a detached garage, is just steps away from shops, restaurants, bars, parks, schools, and public transit, the listing says.
Property taxes on the home will set you back $5,307 per year.
According to a report from the Toronto Regional Real Estate Board earlier this month, home sales in the Greater Toronto Area (GTA) are rebounding from the COVID-19 pandemic and prices are on the rise.
https://i.imgur.com/C3mFqQ9.png
The real estate board said there were 8,701 homes sold in June, down 1.4 per cent compared with the same month last year.
On a seasonally adjusted basis, sales in June were up 84 per cent compared with May.
The average selling price in the GTA was $930,869, up 11.9 per cent compared with June 2019.
https://i.imgur.com/kwbAdgzl.jpg
TORONTO -- If there was any hope that a global pandemic would help slow down Toronto's booming housing market this new listing proves that’s not the case.
A tiny two-bedroom, one bathroom home on Euclid Street in Little Italy has just hit the market for $999,999.
The "rare detached bungalow located in the heart of Toronto" is advertised as being a "great size" with "loads of potential."
https://i.imgur.com/oCxABGb.png
The bungalow, which has a detached garage, is just steps away from shops, restaurants, bars, parks, schools, and public transit, the listing says.
Property taxes on the home will set you back $5,307 per year.
According to a report from the Toronto Regional Real Estate Board earlier this month, home sales in the Greater Toronto Area (GTA) are rebounding from the COVID-19 pandemic and prices are on the rise.
https://i.imgur.com/C3mFqQ9.png
The real estate board said there were 8,701 homes sold in June, down 1.4 per cent compared with the same month last year.
On a seasonally adjusted basis, sales in June were up 84 per cent compared with May.
The average selling price in the GTA was $930,869, up 11.9 per cent compared with June 2019.