450 pape avenue

130-year-old Toronto home listed for sale for $1

Toronto-area houses are notoriously expensive. But one fixer-upper in Riverdale is currently on the market for a mere $1.

Located at 450 Pape Ave., this 25,000 square foot heritage property is in desperate need of a facelift - even in the listing photos, some of its walls are in pretty bad shape. According to Metro News, the current owners had plans to turn it into a 28-unit condominium, but are now looking to sell.

Originally owned by William Harris, the property changed hands in the 1930s when the Salvation Army took it over and transformed it into a centre for single mothers.

Back in 2010, the City of Toronto wanted to turn the 25,000 square foot property into affordable housing units for artists. This plan, however, never materialized.

450 pape avenue

Of course, it's likely that the home will sell in the millions rather than the $1 asking price. But as real estate agent Matthew Pringle told Metro "We're just putting it out there and seeing what potential it has. There's no point putting a certain number on it because for some people it will be overpriced and for some it will be a steal."


Join the conversation Load comments

Latest in City

People keep warning about the dangers of the Scarborough Bluffs

Gladstone Avenue in Toronto is named after someone who supported slavery

People in Toronto keep losing sleep because of construction in the middle of the night

Toronto just released new information about every COVID-19 case in the city

Toronto hotel cancels couple's wedding after it gets picked by the NHL

15 recent flights in and out of Toronto have confirmed cases of COVID-19

Shooting at Scarborough Town Centre leaves at least one person injured

Someone was just attacked on King West for taking video of busy patios