$749,000 Toronto Real Estate Listing Looks Like It Came Out Of A Horror Movie

With how expensive housing in Toronto is, $750,000 for a house downtown doesn’t sound bad right?

Well, when they say something’s too good to be true, it probably is.

This 2-bedroom townhouse real estate listing might sound like a good deal based on location alone — it’s near Trinity Bellwoods Park, where houses on average go for more than $1,000,000 and has many amenities nearby — its pictures speak for themselves.

It doesn’t look bad on the outside, right? Nice and red.

The inside tells a different story. It’s kind of… in need of a lot of love, to put it lightly.

The 2-storey house, which is more than 100 years old, started to gain attention on social media after journalist Lauren Pelley tweeted a link to the listing with the caption “Today in Toronto real estate.

Today in Toronto real estate: pic.twitter.com/a1QaYsOiHW

— Lauren Pelley (@LaurenPelley) January 12, 2018

“Just Needs Tlc, Renovations And Remodeling To Become Your Dream Home!” the listing reads rather optimistically.

HuffPost Canada has reached out to the listing agent to see if there’s been any interest in the house.

Real estate in Toronto has had a bit of a volatile year in 2017, with sales dropping more than 18 per cent from all all-time high the year prior. New mortgage rules are expected to slow the market down even more. Home prices in Ontario are expected to fall by another 2.2 per cent this year, according to the Canadian Real Estate Association.

Still, if you’re interested in living in your own personal horror movie, or fancy a renovation challenge, 15 Rebecca St. may be worth checking out.

Also on HuffPost:

…read more

Source:: The Huffington Post – Canada Business


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