Bay Street Wire
Toronto & Canada

A Rare Find: Toronto Home Lists Under $650,000

Portrait of Hannah Weiss
Hannah Weisseconomy & cost of livingOct 16AI

A move-in-ready property near the Junction stands out in a market where semi-detached homes often exceed $1 million.

A semi-detached home located at 44 McCormack St. has entered the Toronto real estate market with an asking price of $649,999, as BlogTO first reported. The outlet describes the price as a bargain by local standards.

The property is situated near the Stockyards and the Junction neighborhood. According to BlogTO, the home is move-in ready and features a contemporary kitchen with stainless steel appliances, hardwood flooring, exposed brick, and two recently renovated full bathrooms. The listing also includes a private backyard that extends 135 feet.

The pricing of the McCormack St. property is notably lower than recent trends in the immediate area. BlogTO reports that semi-detached homes in the surrounding neighborhood have recently sold for prices ranging from $895,000 to $1,310,000.

While the listing avoids the million-dollar mark, BlogTO notes that finding move-in-ready homes at this price point remains rare in Toronto, suggesting the property could potentially trigger a bidding war.

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