New townhomes mississauga . The price of this dilapidated house is also 600000? Just last month, a miniature bungalow in the Little Italian Community (Little Italy) in downtown Toronto was priced at $999, a mere $1 short of millions.
But surprisingly, the property was not only sold within seven days, but also sold for $1808000. It was $800000 higher than the asking price and took a turn!
Coincidentally, a dilapidated and miserable house on 27 Brownville Ave in Black Creek Drive and Weston Road, on the west side of Toronto, was put up for sale on Tuesday for $599 million, 600000 Canadian dollars short, according to Toronto’s website BlogTO.
In fact, this property has long been famous. CBC reported five years ago in 2015 that the city government of Toronto banned homeowners from living in the house because of its poor living conditions. The owner of the house had no choice but to put up a tent in the backyard.
Moreover, due to the lack of repair and management of the property, dilapidated and poor environment, it has become a nest for rats, raccoons and other animals, and even caused public resentment. A neighbor complained to the city government that their children were afraid to play nearby because there were too many animals and the children were afraid.
First of all, its location is not bad, not only located in the Black Creek Drive and Weston Road areas, but also convenient transportation, especially in the long run, the property is not far from the Eglinton Cross-City Light Rail Line (Eglinton LRT), very close to its Mt. Dennis station.
Second, it covers a large area of 2769 square feet. Whether it is reconstruction, or the old house will be knocked down and rebuilt, it is a good choice.
Such buyers either build new houses for their own occupation, or sell them to make money after they are built. In the GTA area, there are many developers doing this, and many people have already made a lot of money!