Advertising Amenities Architecture Bizarre and Interesting Real Estate Commercial Real Estate Condo Sales and Prices Construction Credit Dream Home Economics Electricity and Alternative Energy Flipping Properties Gardening Home Insurance Home Related Home Sales House Prices Housing Starts Interest Rates Landscaping Legal Issues Montreal Real Estate Mortgages Moving Notes Off Grid Homes Ontario Overseas Real Estate Parking QUEST FOR A CONDO Real Estate Brokers Real Estate Bubbles Real Estate History Real Estate Humour Real Estate Investment Real Estate Quotes Renovations Renting Taxes The Home Office Toronto Real Estate Trends Urban Planning US Real Estate Vancouver Real Estate
Saturday, July 30, 2016
One Unusual Way to get a House Cheap
Option 1: Buy the former house of a murderer.
Eg. Paul Bernardo for example. The notorious serial killer.
The house shown on the right is 57 Bayview Drive in Port Dalhousie.
It is Paul Bernardo's former house. It was purchased and torn down, with a new building being built on the lot that looks very different.
Or here is another example...
Option 2: Buy a house where the former owners were murdered by the mafia.
Barry and Honey Sherman were murdered by members of the Rizzuto crime family in their North York home. Their bodies were found near their basement swimming pool with their necks tied by belts to a railing.
The property (shown below) was later purchased for relatively cheap, the buildings torn down and the new buildings erected, but if the new owners had been fine with swimming in the pool where they had been murdered (I know it sounds creepy) they could have just let it be. Or just get rid of the pool and just have a really large rec room or garage in the basement.
Tear Down, Build Fresh?
Now you may be noticing a trend here.
The new buyers typically always end up tearing the old house down and building a brand new home.
They might keep the foundation, but if the murders happened in the basement the foundation will likely be destroyed too and a new foundation will be built.
Which means the property is ripe for people looking to renovate a building and then flip the property as an investment. Especially if a decent amount of time has passed and the property no longer looks like the previous building.
Okay, maybe not worth dying for. After all if you're dead, you can't enjoy the beauty of these interesting and inspired kitchen desi...
If you've been following MY QUEST FOR A CONDO then you know I am trying to trade up and eventually get a condo in Toronto... via tradin...
The photo you are looking at above is a Google Street View photo of Antoine Berthelet Avenue in Montreal. The reason why is because th...
Did you know Toronto is one of the most expensive places to rent an apartment? In Toronto the average price of a two-bedroom apartment is $1...
CANADA - Looking to buy a cottage in Muskoka this summer? Good luck with that! (sarcasm) The cottage prices in the region are sky high (ie....
The Bank of Canada has raised interest rates again, making it more difficult for people to get a mortgage at an affordable rate. The key ove...
I was looking for something else when I found this artist's rendering of an architectural piece that looks like a King Cobra. I though...
Some people who are superstitious would prefer to avoid a house with a history... ie. its supposedly haunted. Wooooooooo... spooky! Others...
Whether you are building your dream home or looking to flip a house for a handsome profit, polished concrete is the way to go. I first s...
Kyle MacDonald is a Canadian Blogger who created a website called "One Red Paperclip". What he did was barter and trade his 1 re...