This small Toronto bungalow is almost $5 million because of its grass value Toronto TorontoRealEstate RealEstate
The kitchen with stainless steel applainces.The dining area with moulded ceilings.The kitchen walks out to the backyard.The bedrooms are average and well-sized.The primary bedroom doesn't even have a walk-in closet, which is usually a given at this price point.The breakfast nook in the kitchen.A covered patio area in the backyard.
Sure, land is definitely at a premium in the GTA, and this lot definitely has potential for expansion like the neighbours have done.But almost $5 million is quite steep considering most people would only really be buying the home for land value.Some of the comparable lots, which arguably host better homes, have sold for less, or for not much more when the market was on fire earlier this year.– so maybe the grass really is greener here.