{"id":1566,"date":"2026-05-04T08:02:50","date_gmt":"2026-05-04T13:02:50","guid":{"rendered":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/05\/04\/torontos-sub-700k-semi-a-new-door-to-freehold-ownership\/"},"modified":"2026-05-04T08:02:50","modified_gmt":"2026-05-04T13:02:50","slug":"torontos-sub-700k-semi-a-new-door-to-freehold-ownership","status":"publish","type":"post","link":"https:\/\/www.realestategtatoday.ca\/index.php\/2026\/05\/04\/torontos-sub-700k-semi-a-new-door-to-freehold-ownership\/","title":{"rendered":"Toronto&#8217;s Sub-$700K Semi: A New Door to Freehold Ownership?"},"content":{"rendered":"<p>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\u2014a 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\u2019s 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&#8217;t suddenly &#8216;cheap,&#8217; 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.<\/p>\n<p><!-- RealEstateToday Source Article --><\/p>\n<div data-original-url=\"https:\/\/www.thestar.com\/real-estate\/a-renovated-east-end-semi-detached-house-just-sold-for-under-700000-what-does-this-say-about-the-market\/article_3393f68c-c715-446e-9cb9-9019a418022d.html\"><\/div>\n<p><em>Source: <a href=\"https:\/\/www.thestar.com\/real-estate\/a-renovated-east-end-semi-detached-house-just-sold-for-under-700000-what-does-this-say-about-the-market\/article_3393f68c-c715-446e-9cb9-9019a418022d.html\" target=\"_blank\" rel=\"noopener\">Read the original article<\/a><\/em><\/p>\n<p><!-- RealEstateToday Instagram Handles --><\/p>\n<div data-instagram-handles=\"@zoocasa,@housesigma\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A rare $676,000 sale in Toronto&#8217;s east end offers a glimpse into how shifting market trends are creating new paths to freehold homeownership.<\/p>\n","protected":false},"author":3,"featured_media":1565,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[178,206],"tags":[650,808,519,221,399],"class_list":["post-1566","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-data","category-residential","tag-first-time-buyers","tag-freehold-ownership","tag-gta-housing-market","tag-housing-prices","tag-toronto-real-estate"],"_links":{"self":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/comments?post=1566"}],"version-history":[{"count":0,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/posts\/1566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media\/1565"}],"wp:attachment":[{"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/media?parent=1566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/categories?post=1566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.realestategtatoday.ca\/index.php\/wp-json\/wp\/v2\/tags?post=1566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}