Toronto Star Profile picture
Mar 25 5 tweets 3 min read
This listing is one of the cheapest houses in Toronto. At $749,000, it's listed less than half of an average detached house in the city and $500,000 less than others in the area.

What's the catch? #GTAHomeHunt with @DemarJGrant
thestar.com/business/perso…
This three-bedroom, three-bathroom detached house sits on an oversized lot that measures 25 by 156 feet, leaving tons of space for a residential expansion or sprawling backyard. thestar.com/business/perso…
“I think obviously it is a fixer upper, from the looks of it, it’s not in the best shape. It could be an opportunity, it has a huge lot, which is a plus for someone to do some redevelopment like a tear down,” realtor Othneil Litchmore said.

thestar.com/business/perso…
“Do they realistically expected to sell for $749,000? No. But at the same time, based on stuff in the neighbourhood selling for well over a million it might not be very clear to the seller at this point what this house is worth,” he added. thestar.com/business/perso…
“If this was in pristine condition it’s $1.3 to $1.4 million."

This three-bedroom Toronto house is listed under $1 million. At $749,000, what’s the catch?

thestar.com/business/perso…

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More from @TorontoStar

Mar 26
Taylor Hawkins, for 25 years the drummer for Foo Fighters and best friend of frontman Dave Grohl, has died during a South American tour with the rock band. He was 50. thestar.com/entertainment/…
There were no immediate details on how Hawkins died, although the band said in a statement Friday that his death was a “tragic and untimely loss.”
“His musical spirit and infectious laughter will live on with all of us forever,” the band said.
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Taylor Hawkins was Alanis Morrissette’s touring drummer when he joined Foo Fighters in 1997. In Dave Grohl’s 2021 book “The Storyteller,” he called Hawkins his “brother from another mother, my best friend, a man for whom I would take a bullet.” thestar.com/entertainment/…
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Mar 25
NEW: Ontario’s annual Sunshine List of public servants earning six figures has ballooned to a record 244,188, the provincial government says. thestar.com/politics/provi…
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Fully 95% of the increase was at school boards, where 35,453 teachers joined the list, which identifies all public employees earning $100,000 or more. thestar.com/politics/provi… Image
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Mar 25
Human trials to begin on new male birth control pill with 99% efficacy, study shows dlvr.it/SMN4qv
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“Scientists have been trying for decades to develop an effective male oral contraceptive, but there are still no approved pills on the market,” said Abdullah Al Noman. thestar.com/news/gta/2022/…
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Mar 25
For home hunters it’s been two years of soaring prices, bidding wars and bully offers.

But there are signs this year’s spring market will proceed at a more traditional pace.

8 housing deals that show where the GTA’s spring real estate market is going.
thestar.com/news/gta/2022/…
32 Tremely Cres., Scarborough

Listed: $1.099 million; Sold: $1.55 million. There were more than 40 showings but only four offers by offer date. Though the seller accepted an offer that was more than $450,000 over asking, it was still below expectations.

thestar.com/news/gta/2022/… Image
400 Ossington Ave., Toronto

Listed: $1.389 million; Sold: $1.555 million. When it comes to price, suburban sellers have the edge since the first pandemic lockdown ended. This sold above expectations, but interest dwindled slightly because of no parking.
thestar.com/news/gta/2022/… Image
Read 5 tweets
Mar 25
He bought a condo 5 years ago for $427,000.

Waiting to move in, he then received an email last week telling him that, unless he agreed to pay $665,990, his purchase agreement would be cancelled and his deposit returned with 6% interest.
thestar.com/news/gta/2022/…
In a March 17 email to buyer of the Burlington property, Lorenzo Papi, the company cited “unprecedented” cost escalations for trades as the reason for cancelling the purchase agreement and hiking the project’s prices.
thestar.com/news/gta/2022/…
Adi Developments did not return calls and emails on Thursday from the Toronto Star asking about the change in price.

thestar.com/news/gta/2022/…
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Mar 25
It’s taken nearly half a century but the Rolling Stones are finally giving their fans some satisfaction with an official release of their famed shows at Toronto's El Mocambo. thestar.com/entertainment/…
The legendary rock act says it’s completed a new mix of recordings captured at two secret Stones concerts that unfolded at the Toronto club on March 4 and 5, 1977.

thestar.com/entertainment/…
A look back at the Stones at El Mocambo taken by Ken Regan, Star photographer.

The album will feature their full set from March 5 as well as three bonus tracks from the night before.
thestar.com/entertainment/…
Read 5 tweets

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