blogTO just wrote about 61 Seaton Street, which is a house on an atypical triangular lot in downtown Toronto and is on the market right now for $1,329,000. The story goes that this lot sat vacant for decades before architect Paul Reuber bought it in the late 1990s and took on Toronto’s zoning by-law to build what you see here. My rough estimate is that the lot is around 115 square metres, which isn’t that small, but it is a triangle:
I love these kinds of irregular sites because they force creativity and offer a way to unlock hidden value. Our cities are full of neglected micro-parcels, but they often go undeveloped because of land-use policies or because the economics don’t work. Yet small or irregular sites are part of what gives cities their character. If any of you have an oddball parcel of land that has been sitting vacant for decades, drop me an email.
Parcel map from the City of Toronto
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