These two neighbouring tiny houses in Toronto are on sale for $3.6 million each
With Toronto real estate being as ridiculous as it is these days, it's no longer surprising to come across a tiny home that is somehow priced at a million dollars despite being a two-bedroom shack, disgustingly filthy or all but completely burned down.
But a wee little bungalow for more than $3.5 million seems way out of realm even for T.O.'s sky-high prices — and there isn't just one, but two of them listed for that price right now.
Both appear to be listed by the same owner, given that they're adjacent properties and both listed for the exact same price of $3,580,000.
Being steps away from the major Yonge-Sheppard intersection and subway station is definitely one of the reasons for the high valuation, as is the fact that both buildings were recently renovated.
The main rationale here, though, is the fact that both structures — clearly once actual residences — are now commercial properties.
The bungalows are being advertised as potential retail spaces or offices for a doctor, dentist, travel agent, lawyer, accountant or other professional, and come with 8 parking spots apiece.
One is staged quite evidently as an office with meeting rooms, while the other could still very much be occupied as a home if it weren't for its designated use and affixed illuminated signage — it is complete with a very livable open concept upper floor, laundry facilities and a full kitchen in the basement.
Though commercial properties are far more expensive than residential ones, the prices for these two little detached offices are definitely nothing to scoff at — though, knowing the Toronto market, they could likely still somehow go for over asking.
And for anyone interested in a true tiny home you can actually live in, you're far better off getting the transportable version, which you can drive right the heck out of Toronto's market for under $100,000.
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