(Courtesy: Royal LePage)

A detached home with four bedrooms and three bathrooms that is close to public transit and schools is being advertised for only $1.

It seems too good to be true – because it is.

The home, located at 51 Soudan Avenue in the Yonge Street and Eglinton Avenue area, has been listed for 14 days and is currently the cheapest house on the market in Toronto.

The home is less than five minutes to the subway and has a private backyard. The listing says the property would be an excellent place to raise a family.

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