Toronto house with "pungent odour" sells for $152,000 over asking

It seems that even a strong, off-putting odour can’t stop a Toronto house from selling way over the asking price.

The house at 11 Lucy Avenue hit the market earlier this month with an asking price of $500,000. And although the fact that that’s a relatively low asking price for a house in Toronto may seem like it would be the most attention-grabbing part of the listing, it was actually the description of the home that had some eyes popping.

RE/MAX Jazz Inc.

The listing warned that the property smelled so bad that viewing in person would be “difficult,” attributing the “pungent odour” to a cat. Despite this, the house sold in just one week for $652,000 — $152,000 over asking.

And it wasn’t just the described smell that may have made buyers pause. The listing also said that the front bedroom of the three-bedroom house is missing a subfloor and has been taped off for safety reasons.

RE/MAX Jazz Inc.

The listing had no photos of the inside of the house, only exterior shots.

• See also:
• • Iconic Toronto house from ‘My Big Fat Greek Wedding’ is for sale
  • 75% of Canadians who want a home can’t afford one
  • Developer buying thousands of homes across Canada for $1 billion rental portfolio

Not too surprisingly, the 17 ft by 101 ft property was marketed as a teardown opportunity. The listing staid that there are newer homes being built in the area, and that the 11 Lucy Avenue property would is best suited for that.

RE/MAX Jazz Inc.

With a new owner secured, it will be interesting to see what they can turn this odour-filled Toronto house into.