Real Estate News

The Cheapest House For Sale In Toronto Right Now Is Absolutely Tiny

Image by Rudy and Peter Skitterians from Pixabay

Finding an affordable home in this city’s real estate market is like finding a needle in the world's largest haystack. So it's no surprise that Toronto’s cheapest house is already gaining a lot of interest. The small Scarborough home is listed at $399,900. To put things into perspective, the average price of a home in the GTA was set at $757,365 back in 2018.

According to The Globe and Mail, the property, listed by McCann Realty Group Ltd. at 4 Lucy Avenue, has attracted a steady stream of interested parties since it hit the market. Most of the potential buyers have reportedly been young couples looking to buy their starter home.

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