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Super skinny Toronto house sells well over asking after less than a week on market

Super skinny Toronto house sells well over asking after less than a week on market

CTV
Monday, June 12, 2023 02:30:34 PM UTC

A house in Toronto just over 10 feet wide has sold for well over its asking price after being listed on the market for less than five days.

A house in Toronto just over 10 feet wide has sold for well over its asking price after being listed on the market for less than five days.

According to House Sigma, 18 Saunders Avenue, a one-bedroom, four-bathroom home that sits on an 11-foot-wide lot in Toronto’s Parkdale neighbourhood, was originally listed on May 24 for $1,149,000.

On May 28, the property sold for $1,450,000 – just over $300,000 more than its initial asking price.

The primary dwelling features high ceilings, exposed beams, and plenty of natural light, according to the listing.

The house also has a basement apartment and a laneway studio with a kitchen, bathroom, laundry, and a loft-style sleeping area. In the listing, however, the realtor wrote that the “seller and agent do not warrant the retrofit status of laneway studio,” indicating it could need to be brought up to code.

As housing prices in Toronto continue to tick upwards, listing properties under their expected selling price to attract interest isn’t uncommon and buyers often find themselves in oversaturated bidding wars.

Read full story on CTV
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