Real Estate

Is there reason why the townhouses here are so cheap?

  • Last Updated:
  • Apr 26th, 2016 11:51 am
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5 replies
Deal Guru
May 1, 2012
10360 posts
10627 upvotes
Toronto
I am pretty sure that area is a little rough... those big rail lines behind the houses aren't helping either... and it's in Scarborough... so there's that.

It's only 2 bedrooms, it's probably a stacked townhouse, and it has maintenance fees.
Deal Guru
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Mar 9, 2007
14885 posts
11197 upvotes
Think of the Childre…
Links don't work.

WOULD SOMEBODY THINK OF THE CHILDREN!!!
Deal Guru
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Apr 17, 2005
11038 posts
1492 upvotes
Brampton
Cheapo-Findo wrote: Links don't work.
+1 I thought it was just me lol
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Deal Addict
Nov 7, 2012
1396 posts
756 upvotes
TORONTO
The links are bogus....

But assuming you're talking about the Stacked townhomes in Scarborough/Malvern(Neilson & McLevin) it's because it's in Malven. I live with my in-laws nearby and did look at that area. Again, they're cheaper than most because it's a stacked townhouse and only 2 bedrooms. It's technically in Toronto but in an area that isn't the most appealing. Not to say that Malvern is a ghetto, though there are rough spots, it's not close to the Subway system/LRT. There are a lot of low income buildings in the area. The soil that was dumped there for the rail road tracks were once radioactive(brought in from Pickering/Ajax). The schools surrounding aren't the greatest in the city. All of these factors contributing to the low prices. Malvern is changing though, albeit not as fast as other gentrified areas of the city. But if the Subway/LRT transformation happens in the next decade the prices can possibly go through the roof.

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