Patch of dirt hits Toronto market for almost $1 million
A piece of land in Toronto with nothing on it but grass and dirt has hit the market for nearly $1 million.
The property, is located at 172 South Kingsway just west of High Park, is being sold for $985,000.
According to the listing, the piece of land is "an opportunity not to be missed."
The 50 by 95 foot lot backs onto a ravine, offering privacy to a buyer who decides to build a home there. It is also located next to the South Kingsway Parkette.
"Ideal opportunity to land bank, build your dream home or investment property," the listing says.
Property taxes for the home will cost the buyer $3,922 annually.
According to the real estate agent, the land is in a desirable location and catchment for highly ranked schools.
It is also just a short walk to Bloor West and the waterfront.
According to the Toronto Real Estate Board, the average selling price for a home is nearly $1.1 million.
While this land is under the average selling price of a home, the buyer will obviously need to invest quite a bit more to construct their own home from scratch.
CTVNews.ca Top Stories
Bodies found by U.S. authorities searching for missing B.C. kayakers
United States authorities who have been searching for a pair of missing kayakers from British Columbia since the weekend have recovered two bodies in the nearby San Juan Islands of Washington state.
Amid concerns over 'collateral damage' Trudeau, Freeland defend capital gains tax change
Facing pushback from physicians and businesspeople over the coming increase to the capital gains inclusion rate, Prime Minister Justin Trudeau and his deputy Chrystia Freeland are standing by their plan to target Canada's highest earners.
'It's discriminatory': Individuals refused entry to Ontario legislature for wearing keffiyeh
Individuals being barred from entering Ontario’s legislature while wearing a keffiyeh say the garment is part of their cultural identity— and the only ones making it political are the politicians banning it.
BREAKING Mounties will not be charged in shooting death of B.C. Indigenous man
Three Mounties in British Columbia will not face charges in the killing of a 38-year-old Indigenous man on Vancouver Island in 2021.
Canada's favourite sport to watch is hockey, survey shows
The 2024 Stanley Cup playoffs have already delivered a fever level of fan excitement in Canada.
Douglas DC-4 plane with 2 people on board crashes into river outside Fairbanks, Alaska
A Douglas C-54 Skymaster airplane crashed into the Tanana River near Fairbanks on Tuesday, Alaska State Troopers said.
Tom Mulcair: Park littered with trash after 'pilot project' is perfect symbol of Trudeau governance
Former NDP leader Tom Mulcair says that what's happening now in a trash-littered federal park in Quebec is a perfect metaphor for how the Trudeau government runs things.
'It's just so hard to let it go': Umar Zameer still haunted by death of Toronto police officer
“It's just so hard to let it go. I mean, everyone is telling me, ‘you have to move on,’ but I know someone is not here [anymore]. So I don't know how I will move on." That’s what Umar Zameer, the man recently acquitted in the death of a Toronto police officer, told CTV News Toronto in a sit-down interview on Tuesday.
NASA hears from Voyager 1, the most distant spacecraft from Earth, after months of quiet
NASA has finally heard back from Voyager 1 again in a way that makes sense. The most distant spacecraft from Earth hadn't sent home any understandable data since last November.