This super skinny Toronto home just hit the market for nearly $3.4-million

A home just 15-feet-wide in Toronto’s Trinity-Bellwoods neighbourhood has hit the market for nearly $3.4-million.

While narrow, the three-storey property, located at 42 Foxley Street, boasts five bedrooms and five bathrooms.

42 Foxley Street (Realtor.ca)

The semi-detached home features curved windows and arched doorways, which can be seen from the street, white oak flooring, 10-foot ceilings, and two walk-in closets.

42 Foxley Street (Realtor.ca)

The listing says that 42 Foxley is mere steps away from the Ossington strip, transit, and Trinity Bellwoods Park.

42 Foxley Street (Realtor.ca)

The property also has a fully fenced backyard with a patio and rear garage.

While it may be small, 42 Foxley is “sophisticated and subtle,” the listing says.

The Trinity-Bellwoods home isn’t the first of its kind to hit the Toronto market. In 2022, 138 Clarens Street, a home in Little Portugal less than 10-feet-wide, was listed for nearly $2-million.

HOUSE PRICES TO DROP IN 2023: CREA

The Canadian Real Estate Association expects home sales to edge down less than one per cent and prices to fall almost six per cent from 2022

The association's forecast amounts to 495,858 homes changing hands in 2023 and is based on sales "more or less" stabilizing since the summer, "suggesting the downward adjustment to sales activity from rising interest rates and high uncertainty may be in the rear-view mirror."

The same factors will also put a damper on the average home price, which CREA said will reach $662,103 in 2023.

The actual national average home price in December 2022 was $626,318, down 12 per cent from the final month of 2021.

CREA found Ontario and B.C.'s December pricing shows the markets have mostly cooled from the peaks because of higher borrowing costs

With files from The Canadian Press