A retiree in Ontario has just bought what is called the “cheapest home in the GTA” – a cabin located in a commercial parking lot near Milton.
Laurel Winn said she sold her previous property – a school house from 1921 – in February 2021. She told CTV News Toronto that she owned the property for about a year before realizing that a trip to her family in Oakville was too much. long and repair costs added.
The 64-year-old said she didn’t believe she was eligible for a mortgage and didn’t want to pay more than $ 2,500 a month in rent, so she started scanning real estate websites and came across a Zoocasa ad for a red caboose train in Campbellville. just outside Milton, Ont.
“I thought well, this could work.”
Inspired by proponents of poverty who build small home communities outside of Hamilton, Win decides to jump in and buy a home.
“I just really like the great factor of such an old structure, which is quite strange. So I decided I could do it in the summer, “she said. “Then I don’t have a mortgage and I have a place to stay.”
“Although I am by no means homeless, I am also unable to afford the housing I had before. And I don’t even think that, to be honest, I don’t know if I want that. “
The house was sold for $ 45,000. Win also has to pay the lot owner $ 500 a month; however, she said she could consider buying land in the future where she could put up a hut.
The structure was previously used as an office by the limousine business – the interior had three large benches as seats, as well as mirrors and a sound system.
43 Main Street East, Campbellville. (Jennifer Crane / Realtor.ca)
Win added that it may have been used as an ice cream parlor once.
“He’s been there for about 30 years.”
The structure is wired for electricity, but is not attached to any water pipes – so it will have to buy water. Wynne is currently renovating the cabin to include a living room, bedroom and bathroom. She says that even with the renovation she plans to pay less than most other properties on the market.
The Kabuz has been registered since at least November 2021. At the time, broker Jennifer Crane’s agent told CTV News Toronto that he did not recommend the property for residential use in its current state, but that it could be equipped for running water by installing sewer lines. and retaining tanks.
“My salesman hopes that someone will move him and enjoy him in his own space, whether in his own property as a small home or in their backyard, where children can hang out,” she said.
Win says her family was surprised by her new choice of home, but they supported the venture.
“I think my friends, I mean those who know me, know that my situation will not be amenable to conventional housing.”
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