Vacant piece of land less than 30 centimetres wide hits the Toronto market and it's attracting attention
A tiny sliver of vacant land in Toronto that is less than 30 centimetres wide has hit the market for $50,000 and already has three offers.
The property, located at 1060 Danforth Avenue in the Danforth and Donlands avenues area, hit the market late last month for $49,999.
The piece of land, which is 0.72 feet by 105 feet, is between a church and pharmacy and is too small for anything to be built on it.
Toronto real estate agent Anthony De Cesare told CTV News Toronto on Sunday that the seller purchased the property in 2013 at an auction for $5,000.
Photos of the property make it look much bigger than it is. The church on the left owns about 95 per cent of the patch of grass between the two properties. (Google Maps)
The land was auctioned off by the City of Toronto after the previous owner failed to pay their taxes, De Cesare said.
Photos of the property make it look much bigger than it is. The church on the left owns about 95 per cent of the patch of grass between the two properties, De Cesare said.
So why would anyone want to purchase this property?
It could be a good investment, De Cesare said.
He said if the church or pharmacy next door ever sells, developers could be "knocking at your door" to purchase the strip of land in order to build.
"I had one person interested, he's 35-years-old and said 'I want to buy it and hold onto it until a developers buy me out,'" De Cesare said.
He said he has also received interest from a nearby business owner who wants to purchase the land to put up a billboard.
"It's a waiting game for whoever buys this," De Cesare said, admitting there isn't much else to do with the land.
"It's getting a lot of attention."
CTVNews.ca Top Stories
There's actually no such thing as vegetables. Here's why you should eat them anyway
The rumours are true: Vegetables aren't real — that is, in botany, anyway. While the term fruit is recognized botanically as anything that contains a seed or seeds, vegetable is actually a broad umbrella term.
'It looked so legit': Ontario man pays $7,700 for luxury villa found on Booking.com, but the listing was fake
An Ontario man says he paid more than $7,700 for a luxury villa he found on a popular travel website -- but the listing was fake.
The Met Gala was in full bloom with Zendaya, Jennifer Lopez, Mindy Kaling among the standout stars
The Met Gala and its fashionista A-listers on Monday included Jennifer Lopez, Zendaya and a parade of others in a swirl of flora and fauna looks on a green-tinged carpet lined by live foliage.
BREAKING Israeli forces seize Rafah border crossing in Gaza, putting ceasefire talks on knife's edge
Israeli tanks seized control of Gaza’s vital Rafah border crossing on Tuesday as Israel brushed off urgent warnings from close allies and moved into the southern city even as ceasefire negotiations with Hamas remained on a knife’s edge.
Canadian cadets rock mullets and place second at U.S. military competition
Sporting mullets, Canadian Armed Forces officer cadets placed second in an annual military skills competition in the U.S.
Noelia Voigt resigns as Miss USA, citing her mental health
Noelia Voigt, who was crowned Miss USA in November 2023, has announced she is resigning from her role, saying the decision is in the best interest of her mental health.
Putin begins his fifth term as president, more in control of Russia than ever
Vladimir Putin began his fifth term Tuesday as Russian leader at a glittering Kremlin inauguration, setting out on another six years in office after destroying his political opponents, launching a devastating war in Ukraine and concentrating all power in his hands.
Winnipeg man admits to killing four women, argues he's not criminally responsible
Defence lawyers of Jeremy Skibicki have admitted in court the accused killed four Indigenous women, but argues he is not criminally responsible for the deaths by way of mental disorder – this latest development has triggered a judge-alone trial rather than a jury trial.
Mediterranean staple may lower your risk of death from dementia, study finds
A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists.