TORONTO -- If there was any hope that a global pandemic would help slow down Toronto's booming housing market this new listing proves that’s not the case.

A tiny two-bedroom, one bathroom home on Euclid Street in Little Italy has just hit the market for $999,999. 

The "rare detached bungalow located in the heart of Toronto" is advertised as being a "great size" with "loads of potential."

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The bungalow, which has a detached garage, is just steps away from shops, restaurants, bars, parks, schools, and public transit, the listing says. 

Property taxes on the home will set you back $5,307 per year. 

According to a report from the Toronto Regional Real Estate Board earlier this month, home sales in the Greater Toronto Area (GTA) are rebounding from the COVID-19 pandemic and prices are on the rise. 

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The real estate board said there were 8,701 homes sold in June, down 1.4 per cent compared with the same month last year.

On a seasonally adjusted basis, sales in June were up 84 per cent compared with May.

The average selling price in the GTA was $930,869, up 11.9 per cent compared with June 2019.

With files from The Canadian Press.