An entire Scottish island, with a six-bedroom house, a helipad and a lighthouse, has gone on sale for a price substantially lower than the average asking price of homes in major Canadian cities.
The 27-acre property, listed by U.K. real estate agency Knight Frank, has 1,600 metres of rocky foreshore, a stone jetty with an open boathouse and scenic views of the Isles of Arran, Ailsa Craig and Northern Ireland.
According to real estate listings website Zolo Toronto Real Estate Trend, the average price for a five-bedroom house in Toronto in August is $2.6 million – about five times higher than the asking price of the Scottish island. Vancouver has an average benchmark price of $2,000,600 for a multi-bedroom detached home, and Calgary’s medium sale price for a single detached home falls at $596,000.
In Vancouver, the average benchmark price for a condo is $755,000, which is also substantially higher than the Scottish island.
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