House of the Week: $550,000 for a condo-sized home in the Junction Triangle

Bragging Rights: A house in Toronto at this price point is a rare find. This property is on the small side, though, meaning some buyers may view it as a condo alternative. It comes with parking, good-sized rooms, two bathrooms, 1,200 square feet of space and a backyard.

Big Selling Point: The main floor’s open concept layout makes 625 square feet feel much more spacious than it actually is.

Possible Deal Breaker: The surrounding neighbourhood is still pretty industrial, and the house backs onto a massive storage warehouse. For some, though, that’s part of the charm of living in this part of town.

By The Numbers:

• $549,900 • $2,411.24 in property taxes (2014) • 1,225 square feet • 2 bedrooms • 2 bathrooms • 2 storeys • 1 skylight • 1-car parking • 1 storage shed