It might be time to move to the beaches because properties are still being sold for less than $1 million.
In Toronto’s Upper Beaches, a detached, renovated home is currently on the market for $799,000.
The property is 1663 square feet including the basement, which is unfinished but has lots of potential.
Located at 249 Gainsborough Road, this home is close to restaurants and in-between Woodbine and Greenwood subway stations.
The two-bedroom home is full of character with period details like the dark wood molding and wood-burning fireplace.
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“This is a great opportunity to own a detached, 2 bedroom home in the Upper Beaches, featuring a mutual driveway, and landscaped outdoor space. The home is also well located and in close proximity to the subway, parks, ravines and restaurants,” Evelyn Anders, Director of Business Development and Sales Representative at Zoocasa told Daily Hive in an email.
Anders adds that the property “retains a lot of the original charm without looking dated; the loft-style master bedroom on the top floor that is outfitted with a pair of skylights is particularly attractive!”
It’s also important to keep in mind the second bedroom is situated on the first floor. Because of this, the “property may not be an ideal option for a family with young kids, however it offers a great entry point into the market for those that aren’t concerned by that, and those that may be looking to avoid stairs,” Anders said.
“Buyers should keep in mind that the home is not outfitted with Central Air, so it’s important be comfortable with a ductless air conditioning system,” she said.
And has the added perk of a garden to enjoy in the spring, fall, and summer months.