17 h. ago This Toronto home for sale hasn't changed hands for half a century

The last time 13 Cliff St. was up for sale, it was 1975.Canada had just switched to the metric system. Wearing a seatbelt had only recently become law in Ontario. And the CN Tower? Freshly finished and not yet surrounded by condos.A lot has changed in the last 50 years — but step inside this three-bedroom, two-bathroom bungalow, and it feels like time hit pause somewhere around the era of disco and Tang.The dining room. There's muted linoleum flooring in nearly every room, honey oak trim throughout, and original millwork galore.The foyer. Miraculously, no popcorn ceilings — so, you win some, you lose some.The kitchen. In short, this place is going to need some updating.The family room with exposed brick walls. But if you can look past the aggressively '70s aesthetic, 13 Cliff St. has a lot going for it.The basement kitchen. For starters, it sits on a rare double lot and boasts a finished basement with a separate entrance, second...

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1 week ago This is one of the cheapest Toronto houses with a pool for sale right now

With Toronto in the midst of yet another sweltering heat wave, it's not an exaggeration to say that 2 Leyton Ave. is looking extremely refreshing right now.Located in the family-friendly Oakridge neighbourhood in Scarborough, this detached three-bedroom home is serving up serious summer vibes.Not only does this house back onto the peaceful greenery of Oakridge Park, but it also has a freshly (2023) waterproofed backyard pool and a deck space for lounging and working on that tan.The pool. Sure, it's not an inground pool, but when the temperatures in Toronto feel like you're in a sauna, who cares?And even better than the fact that this house has a pool is that it is currently listed for less than it sold for back in 2023. The kitchen. In 2023, 2 Leyton Ave. sold for $880,000, after sitting on the market for over seven months. The primary bedroom. Now, the house is listed for only $749,000, despite looking lik...

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2 w. ago Toronto house featuring the famous 'Rodney the Tree' for sale at almost $3 million

When Massey last sold in 2016, it was a garbage-filled shell of a home. But designer and builder Jamie Beurklian clearly saw potential in the early 1900s house. Since 2016, the home has been painstakingly transformed by Beurklian into a minimalist architectural marvel that's as practical as it is beautiful.And yes, it comes with its own local celebrity — Rodney the Tree.The front entrance. Let's start with the house. From the outside, it blends seamlessly into the historic neighbourhood, but with a modern extension, it draws the eye ever upward. The upstairs unit. Inside, the home features soaring ceilings and a light-filled interior with oversized windows, biophilic design elements, and meticulous attention to detail that eliminates things like baseboards and bulkheads entirely.The lower unit kitchen. Beurklian, who owns and designed the home, told blogTO he used computer modelling and green building practices to maximize space and e...

Economics

2 w. ago Here's the minimum salary required to afford a home in Toronto right now

Even with a record 32,000-plus homes up for sale in and around Toronto and few of them actually changing hands, housing affordability in the region is still deteriorating, suggesting that the present market lull is likely to continue.Based on the most recent average house and condo prices in May, along with present interest rates, the market experts at Ratehub.ca have calculated how much a household would need to earn each year to float the standard mortgage in cities across Canada, including in T.O.And, to people living elsewhere in the world (or even the country) where real estate prices are far lower and incomes are higher, the figure may be shocking.Between April and May of this year, the mean price across housing types rose by a slight $2,500 in Toronto, per the firm's data, from $1,009,400 to $1,012,800. This makes the typical monthly mortgage bill in the city $1,968, some $12 more than just a month earlier.In total, at a lending rate of ...

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2 w. ago May home sales down 4.3 per cent from year ago, but activity up month

The Canadian Real Estate Association says home sales in May fell 4.3 per cent compared with a year ago, however activity picked up when compared to the previous month. A total of 49,423 residential properties changed hands across Canada last month, compared with 51,642 in May 2024. Home sales rose 3.6 per cent on a […]

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3 w. ago Someone listed their downtown Toronto garage for sale at just $2

If you've ever dreamed of owning property in downtown Toronto but didn't quite have the budget, good news: a private garage on Nassau St. in Kensington Market is for sale — and it's only two bucks.Yes, $2. Less than a TTC fare. Less than a latte from Pamenar. Less than a trendy vegan, gluten free cupcake you can eat just a few steps away. Ok, it's not actually $2 because, of course, there's a tiny catch. The garage isn't technically for sale on its own.11.5 Lippincott St.The garage actually is part of the listing at 11.5 Lippincott St. The foyer. "The garage and the house are two separate addresses, with two different deeds," explained realtor Sukh Kainth. A bedroom with original hardwood floors. "We couldn't just list the house. It's going to be two separate transactions." A bathroom. In other words, they legally had to list the garage separately, but it will be sold wit...

Economics