CityTV ran a story the other day on “Toronto’s narrowest house,” and it provided viewing pleasure for more than a few folks.
The house in question is on an 8-foot-wide lot, and is 7-feet-wide inside, so form your own opinions as you judge this book by its cover.
But when I looked at how the property was being marketed, I was surprised to see that “Toronto’s Narrowest House” was being touted, not avoided. Here’s the video, and sorry about the 30-second advertisement for Coca-Cola…
The listing starts with the following:
“Cabbagetown Landmark, Narrowest, Detached Home In Toronto”
So a narrow house, apparently, is a good thing.
Folks, I’m treading lightly here.
As I’ve explained on many occasions in the past, organized real estate has several rules that prohibit me from, among other things, “disparaging a competitor’s listing,” and since this property is currently available for sale, it would be irresponsible for me to say anything that isn’t glowing.
But that doesn’t stop you people from commenting below.
So let me ask the following questions, just to stimulate some conversation:
1) Would you live in a house on an 8-foot lot?
2) What do you think about the way the property is being marketed?
3) What does this listing say about the overall Toronto market?
4) Who is the target buyer for this property?
5) Why would a buyer target a property like this to begin with?
6) With an offer date set, do you expect to see a sale price over the $750,000 list price?
I think that’s a fair list of questions, and the answers should tell a pretty accurate story…