1 week ago
Quaint Toronto house is a rare find for under $1 million but still needs work
Normally, when you see a Toronto house like 510 Northcliffe Blvd. that's a detached home listed for under $1 million, you'd expect a bidding war. But times have changed in Toronto. The majority of homes are selling for less than the listed price, and with the economic and political uncertainties, there's less competition overall. The front entrance. So if you're a first-time homebuyer, this might be the perfect opportunity to get on that property ladder. The living room with a bay window. 510 Northcliffe Blvd. is the perfect diamond-in-the-rough-type of house that could be worth way more with a couple of upgrades and a few years. A back patio. First off, it's located in Oakwood, a neighbourhood that has seen property values rise more than seven per cent in the last 12 months.An aerial view of the neighbourhood. Second, it's a detached house, which typically sells for $1.3 million in this area, and could be worth way more when th...
Economics