The two-bedroom, one bathroom home located on Euclid Street in Little Italy went up for sale in July and received lots of attention forThe bungalow, which has a detached garage, is just steps away from shops, restaurants, bars, parks, schools, and public transit but is noticeably very small.
Speaking to CTV News Toronto on Thursday, Envoy Capitol Reality Brokerage President Norair Yerestian said there were approximately 14 bids on the home, which sold within seven days of hitting the market for $1,808,000.Documents obtained by CTV News Toronto show the property’s value has skyrocketed in the past three years, as it sold for $1.2 million in January 2017.
"It's close to restaurants, transit, the downtown core. It's a location that everybody in the city looks for."
Dummies
Another reason NOT to live in TO
There is no question here. The purchaser of this postage stamp size house has way more money than brains. Some people are just sad.
Crazy
Thanks for adding more perspective to the WE scandal
I am 99% that this article was published last summer
vincent_hall That’s a great reason not to live in Toronto
Insanity in an insane world 🤗
Bwahahahahaha!😇
This is ridiculous & obscene. That lot is TINY!! How the heck can someone build their 'dream home' on such a small lot? Real estate is out of control in Toronto & I have no idea how anyone can actually afford it.
That looks the shed in my back yard
This is what’s wrong with real estate in Toronto. Good on the owner of this garden she’s getting $1.8M.
So wrong !!
$1.8million for a shed
Why don't you cover the high taxes one has to pay for such a shack.
Lord-that sounds like what would happen in California-sheer greed...
People in Toronto are StupidIdiots. MyBallsHangToTheLeft TonguePunchTheFartBox BolognaBusToTunaTown
Overrated city, inflated prices. Hard pass.
Ridiculous
What a steal...
I’ve seen this headline with that house multiple times. Hate to say it,but something seem off with this report
Stupid humans!!🤣🤣
Sounds like a bargoon to some. haha
Fools are everywhere
The land is what was bought, it just happened to have a tiny little house on it... bulldozer in its way.
Whoever bought is a total moron
Crazy
Hey anyone want a nice 2500 sq ft house, large lot and finished basement on a cul de sac for under 500k, hit me up...
Sucker born every day.
highlandlink can you believe this
Ok now that has to be someone with more money than brains!!! And if it was....shoukd have donated that extra $$$ they had lying around!
This is something beyond craziness, people borrowed money and pay over asking price
With prices like this can't blame the renters hoping for a housing market crash smh
Disgusting 😑
I hope a nice little old lady owned it and now is living the good life.
Some people are real stupid.
Hey, little people have money too.
Hey har00ga Found you a cute little cottage in Tor. ;)
Well worth it!!
An example of what happens when you have more money than brains and these kind of people are sitting on their brains
Bitcoin has the new rival - Canadian real-estate
aliceslogic My good....you have to step in the bathtub to reach the toilet. What is wrong with people.
OK, so if that outhouse had a solid gold toilet in it. . . . . ? Nope, still not worth it.
😱
Insanity.
😬 As you try to explain to your kids that they will be able to afford a house in Totonto one day......
WHAT!!!!!.....I love tiny houses but that is rediculous....🤣🤣
Canada is learning communism fast and well from China. Proud of you, just change the name to Chinada then you all will be happy. Kiss the Communism.
The house didn’t sell for that, it’s the land it’s on clearly.
5k in property taxes a year? I own a 3bd 2bh 2car garage with inground screened in pool in Florida and my property taxes are $800 a year.
Cause people are THAT stupid
New business model. Build sheds, move them to Toronto & sell them to fools that clearly have way too much money!