Toronto house in nightmarish condition will still cost you $700,000

Toronto's housing market has seen some frightening listings over the years, but when it comes to 53 Highfield Rd., it's hard to tell whether the interiors or the price is scarier.

In the heart of Leslieville, this two-bedroom, one-bathroom bungalow is on the market for $699,900 — "as is." 

In realtor-speak, that translates to enter if you dare.

The living room. 

From the abandoned piano in the living room that may or may not be haunted to the half-ripped wallpaper curling off the walls, you'll need courage (and maybe some sage) just to step inside.

The torn-out kitchen. 

The home has suffered water damage from cracked radiators; the kitchen cabinets and bathroom fixtures have been mostly torn out, and there are massive chunks of wall and ceiling missing.

The basement. 

In short, the place looks like it's auditioning for a role in a low-budget horror flick.

An aerial shot of the neighbourhood. 

Still, this spooky shell sits in one of the city's most desirable neighbourhoods on a decent-sized 25-by-114-foot lot, steps from parks, restaurants, the Little India neighbourhood, and just a short drive from hot spots like The Beaches and the Danforth.

A bedroom. 

In other words, the location is incredible. Condition: not so incredible.

Another bedroom. 

If this were a horror movie, you'd hear whispers. But in real life, you might only hear your own internal screams after getting your contractor's invoice.

The demolished bathroom. 

The silver lining, if you can stomach a reno? Detached homes in the area usually sell between $1,025,000 and $2,060,000, with neighbourhood averages hovering around $1.5 million.

The side door. 

In that light, 53 Highfield Rd. almost seems like a steal, but then again, Toronto's housing market has been its own horror story lately.

The basement. 

So yes, you could technically call this listing a "deal." You'll just need to be okay with the fact that it's a total fixer-upper, possibly haunted, and will almost certainly eat your renovation budget alive.

The laundry room. 

In the end, 53 Highfield Rd. isn't just a house — it's a dare.

The living room. 

And in a Toronto market already haunted by price drops, interest-rate dread, and buyer gloom, this kind of gamble might be scarier than any ghost.

The back of the house. 

Then again, that might be exactly the thrill some buyers are looking for.