{"id":589781,"date":"2026-04-08T07:43:10","date_gmt":"2026-04-08T07:43:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/589781\/"},"modified":"2026-04-08T07:43:10","modified_gmt":"2026-04-08T07:43:10","slug":"theres-a-detached-house-in-toronto-selling-for-under-300k-but-theres-a-catch","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/589781\/","title":{"rendered":"There’s a detached house in Toronto selling for under $300K but there’s a catch"},"content":{"rendered":"

The last time detached homes in Toronto were selling for around $300,000 was 2006<\/a>. And if you wanted something under that, you’re basically looking at a time when flip phones were still cool, and nobody knew what a bidding war was.<\/p>\n

So to see a detached “house”\u00a0pop up for under $300,000 in 2026? Yeah, you can practically hear the collective double-take across the city.<\/p>\n

Because yes, 44 Mahoney Ave. is technically listed as a detached property. And yes, the price tag is sitting at a very attention-grabbing $299,900<\/a>.<\/p>\n

\"44<\/p>\n

The back of the house.\u00a0<\/p>\n

But before you start drafting your “I bought a house in Toronto for less than a condo parking spot”\u00a0announcement, there’s just one tiny little detail\u2026<\/p>\n

It’s not actually livable.<\/p>\n

According to the listing, this “detached home”\u00a0is being sold as a vacant lot.\u00a0<\/p>\n

The listing makes it crystal clear that the place is not inhabitable with a very aggressive “PROPERTY BEING SOLD AS IS WHERE IS”\u00a0and an equally comforting “DO NOT ENTER PROPERTY” warning.<\/p>\n

There are also zero interior photos, which really lets your imagination run wild. Is it gutted? Collapsing? Haunted? Who’s to say!<\/p>\n

Located near Weston and Jane, the property is essentially a blank slate \u2014 pitched as an opportunity for builders, developers, or investors to “create their dream home.”<\/p>\n

\"44<\/p>\n

The backyard.\u00a0<\/p>\n

And while this isn’t exactly Toronto’s most obvious “build your forever mansion”\u00a0neighbourhood \u2014 especially with the average detached home sitting around $751,500 and values down roughly 23 per cent since 2024 \u2014 the low entry price does open the door to some interesting math.<\/p>\n

Because if you can keep construction costs in check (big if), there’s still potential upside.<\/p>\n

Homes in the area have cracked the $1 million mark, and with ongoing transit expansion and major development projects in the works, the neighbourhood is clearly entering\u00a0its glow-up era<\/a>.<\/p>\n

\"44<\/p>\n

The back of the house.\u00a0<\/p>\n

So sure, it’s not exactly a turnkey situation. But if you’ve ever wanted to buy a detached home in Toronto for under $300K\u2026 this might be the only chance you’re going to get in this century.<\/p>\n","protected":false},"excerpt":{"rendered":"The last time detached homes in Toronto were selling for around $300,000 was 2006. And if you wanted…\n","protected":false},"author":2,"featured_media":589782,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194291],"tags":[207146,199619,49,48,224693,3302],"class_list":{"0":"post-589781","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-toronto","8":"tag-207146","9":"tag-avenue","10":"tag-ca","11":"tag-canada","12":"tag-mahoney","13":"tag-toronto"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/589781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=589781"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/589781\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/589782"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=589781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=589781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=589781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}