Real Estate News

Toronto shack on sale for over 2 million dollars but there is more to the story

What’s basically a shack, listed for $2.5 million dollars, is getting a lot of attention. Some are wondering if the crazy days of Toronto’s real estate market are back.

The house is a tiny, graffiti-covered total teardown. Pictures of it were removed from the listing once it started raising eyebrows online. But forget the house — this property is all about location, location, location.

Similar properties in the area have recently sold for considerably less.

“This is not your typical, residential listing. This is a huge lot on a high-density street, just steps from Spadina Avenue and in the heart of downtown Toronto.

Continue to read on: Yahoo!

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