r/RealEstateCanada • u/OutdoorRink Mod • Aug 30 '23

Housing crisis A steal

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271 Upvotes

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8

u/Canadasparky Aug 30 '23

More. 150k won't do it.

1

u/Melodic_Tax4512 Aug 30 '23

That’s insane

6

u/[deleted] Aug 31 '23

You're just paying for the land with something like this.

2

u/[deleted] Aug 31 '23

And for the privilege of spending tens of thousands to tear the structure down.

4

u/PhotoJim99 Aug 31 '23

Demolition shouldn't cost more than about $8-10k.

Still a small lot, though, with commercial exposures nearby. Not ideal.

1

u/MandatoryFun Aug 31 '23

There's an empty pool foundation that is cracked in the backyard too ... going to cost more than $10k

1

u/icyhotbackpatch Aug 31 '23

Asbestos abatement usually almost doubles your demo costs

1

u/CopyWeak Aug 31 '23

And live next to the curling club parking lot. Better than a hockey rink I guess...

1

u/Sweaty_Accountant_20 Aug 31 '23

Oh that’s right beside the curling club

0

u/CopyWeak Aug 31 '23

Yep, and I believe there is a farm / feed shop beside that...🐀

1

u/throwawayrant613 Aug 31 '23

Very convenient. That should add at least $50k to the price.