You may have found that, while perusing home listings, some have been listed for just a dollar. Why are some properties listed for so little?
Simply put, a home is listed at just a dollar to try and entice more interest from prospective buyers. This strategy ensures that the property will be seen by house hunters with various budgets. This strategy does occasionally see success – take this property for instance, which ended up selling for over $3,000,000, having been listed for just a dollar.
We took a look at a few properties that are currently listed for a dollar this year. Check them out below!
3680 Westney Rd
Property Details
- Location: Pickering, ON
- Specs: 7 beds, 1 bath
Looking for a top-notch investment in a booming area? This 10-acre lot in Pickering comes with development approval, a rentable 4-bedroom home, and a prime location at Highway 7 and Westney. A rare chance to build in one of the GTA’s fastest-growing communities.
17 Yongehurst Rd
Property Details
- Location: Richmond Hill, ON
- Specs: 6 beds, 3 baths
This 6-bedroom home sits on a large lot with tons of potential for redevelopment, rentals, or luxury living. Pair it with 15 Yongehurst Rd to create a rare oversized lot perfect for a low-rise project.
3 Elliott Trail N
Property Details
- Location: Thames Centre (Thorndale), ON
- Specs: 3 beds, 3 baths
Live comfortably in this sun-filled home in Thorndale—just minutes from London. With a chef’s kitchen, luxurious master suite, second-floor laundry, and a generous backyard, it’s perfect for modern living. Plus, vendor financing means big savings on CMHC fees.
38 & 40 Cedarvale Ave
Property Details
- Location: Toronto, ON
- Specs: 4 beds, 3 baths
Looking for flexibility and future value? These two homes at 38 & 40 Cedarvale let you live in one and rent the other, or create a spacious multi-family home. With a beautifully upgraded space at 38 and lots of potential at 40, plus severance already in progress, the possibilities are wide open.
73 Highgrove Cres
Property Details
- Location: Richmond Hill, ON
- Specs: 4 beds, 3 baths
Nestled on a quiet crescent in Mill Pond’s Heritage Estates, this charming 4-bedroom home offers a warm, traditional layout with modern updates. Enjoy a spacious kitchen, cozy family room with wood fireplace, and a private backyard patio.
