A recent sale on Craven Road has turned heads in the Toronto real estate market. A renovated, two-bedroom semi-detached home sold for $676,000 in March 2026—a price point rarely seen for freehold properties in the city. While this tiny home under 700 square feet is an outlier, it highlights a shifting landscape for first-time buyers. With Toronto’s average semi-detached price sitting at $1.23 million, this sale offers a rare, albeit niche, path into freehold ownership for those willing to trade space for location. Experts note that while the east end isn’t suddenly ‘cheap,’ the current market allows for greater negotiation. After a significant 18 per cent correction from the 2022 peak, buyers are finding opportunities that were previously unattainable. For a deeper look at how this sale fits into the broader GTA market trends, read the full report at the Toronto Star.
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