47 Greendale Avenue Toronto

This is what a $700K house looks like in Toronto

This tiny house in Mount Dennis listed for $699,000 because the Toronto real estate market is out of control.

The latest report shows housing prices are up 33 per cent from last year which explains why this house with no interior photos is listed for more than half a million dollars and will likely sell for close to $800K. 

So is it worth it? Well, it's hard to say since there's not much to go off of. 

But if you believe the listing you get a "property with many potentials." 

The listing notes the home has five bedrooms – three on the main floor and two in the basement – and two bathrooms. 

It also has an eat-in kitchen with a walk-out to the backyard and two separate entrances to the basement, which is tenanted on a month-to-month basis. 

47 Greendale Avenue Toronto

The back of the house. 

The home also has a garage and a "good size and private backyard" but from the photo it looks more like a junkyard with the cracked concrete and old oven just chucked to the side. 

All of that does sound promising but judging what condition the home is in based on exterior photos alone is difficult.

The home did sell in 2016 for just over $535,000 and there weren't any photos of the inside then either. The only photos I could find were from 2008 when the house was listed for $260,000.

As the economists say "the price reflects what the market will bear" so maybe it's listed for exactly what this sort of house should cost in Toronto right now. 

Photos by


Latest Videos

Latest Videos

Join the conversation Load comments

Latest in Real Estate

Toronto landlord slammed for renting out room full of bunk beds for $2,000 per month

Ontario mall will be completely demolished and replaced by futuristic towers

You can buy an entire 18-unit Toronto apartment building for $7M right now

This $15M ultra-modern Toronto home was designed to maximize views of the lake

Toronto apartment sold at significant loss shows just how turbulent market is

City of Toronto aims to expropriate block of storefronts for transit project

Ontario landlord slammed for renting out dingy shack with no door for $1,350 a month

Mississauga condo sold at massive loss shows just how much prices fluctuate