A duplex near Toronto’s historic Casa Loma has hit the market with a $1.2 million price tag, drawing attention for its surprisingly spacious interior. Despite its modest exterior, the property offers more room than meets the eye, making it a potential standout in the city's competitive real estate scene.
Situated in the upscale Casa Loma neighborhood, known for its grand homes and lush parks, the duplex's location adds to its appeal. The area boasts an average house price of approximately $2.6 million, highlighting the duplex as a more affordable entry point into this sought-after community .
The duplex's design maximizes space, featuring multiple bedrooms and living areas that extend beyond its initial appearance. This clever use of space caters to buyers seeking functionality without compromising on location.
Toronto's housing market has seen properties selling above asking prices, especially those with unique features or prime locations. For instance, a narrow home in Parkdale recently sold for $1.45 million, significantly over its $1.15 million listing price, after just a few days on the market .
Given the duplex's proximity to Casa Loma and its spacious interior, it stands as a compelling option for buyers. Its price point, below the neighborhood average, may attract those looking to invest in a prime location without the typical cost.
As Toronto's real estate landscape continues to evolve, properties like this duplex offer a blend of affordability and desirability. Whether it sells for its asking price or higher remains to be seen, but its unique attributes certainly position it as a noteworthy listing in the current market.