37 st paul toronto

This converted garage home in Toronto is listed for $1 million

It was just a few weeks ago when a tiny home was listed for $1 million and sold for $808,000 over asking, and now Toronto’s crazy real estate market has another small offering for a steep listing price.

This home, a two-bedroom "loft" in Corktown is listed for $990,000. The home is billed as “loft style living at ground level in downtown Toronto” and “an artist’s dream come true” but looks to be a converted garage with a functioning, roll-up door.

toronto real estate prices

In fact, one person suggested as much in a comment.

“How is this being called a loft? It’s a garage! And going for close to a million?!?!? Sorry but whaaaaat?!?!” said one person on a Facebook post.

The loft does boast a large, light and airy master bedroom, it is close to schools, TTC and it comes with parking.

37 st paul torontoWhile real estate prices dropped during the pandemic and rent prices also plunged, the market has rebounded and Toronto still ranks with Vancouver as the most expensive place to buy a home in Canada.

37 st paul torontoThe value of this garage-like house could be the fact that it is rare to find this type of home in the city and it is an alternative to condo living.

37 st paul torontoWhatever the case, prospective buyers should move quickly. According to one agent, offers are going in on Monday. He also suggested it will go over asking price.

Photos by

Realtor.ca


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in Real Estate

This $22 million fairytale-inspired Ontario mansion has an indoor waterpark

Appalling ad for apartment in Brampton offers free rent for 'friends with benefits'

Toronto house being sold for first time is basically a 1960s time capsule

Huge tower to transform one of Toronto's most important intersections

Toronto quadplex in a century home is on sale for $3 million

The former Ontario home of a Canadian music legend is up for sale

Ontario townhouse sold at massive loss a troubling window into current market

It costs almost $2 million for this Toronto house that's only '60 per cent' finished