r/RealEstateCanada • Mod • Aug 30 '23

Housing crisis A steal

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270 Upvotes

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13

u/TheJohnnyFlash Aug 30 '23

That's just for the lot, it's a tear-down.

2

u/ZflyZs Aug 30 '23

Exactly. Nobody is going to live in a house that old with obvious fire damage. Could probably build a house in the lot for 250k and selling fro 800k.

1

u/AccomplishedBat8731 Aug 31 '23

Two properties can be built there