Vacant Lot in Toronto: $2.1M for a Hole

0:00A vacant lot on Indian road in Toronto is up for grabs at $2,098,000 and get this. It's mostly just a big hole in the buzz. Ground from a torn down house. The 50 by 70-foot spot hit the market aiming high but dropped from $2,248,000 after sitting empty for nearly two months. Earlier this week listings like this sparked chatter because the remnants of an old foundation make it look more like a construction headache than prime real estate. Still, developers or dream home builders see potential in clearing it out completely. Buyer seem hesitant right now with the overall market cooling off plenty of homes going for under asking price amid higher caution from folks shopping around. No one's biting yet on paying top dollar for dirt. That said, the neighborhood pulls hard, steps from Ronse's vol's village with its cool shops, bakeries and transit links plus killer views toward high park and spots in top school zones like Howard Junior Public and Fern Avenue.

1:03It's a wild reminder of Toronto's sky high land values, even for a blank slate watch if this hole finally fills someone's wallet or stays a bargain. Hunter's Puzzle. That's your update from Canada News Today, powered by AI.