Canal stations auction Developers aren't the only ones using auctions for a speedy sale nowadays. Some individual owners are trying this non-traditional way to sell their homes. I came across one such auction yesterday (Canal Station #304) sent by a fellow colleague. According to her, the home isn't distressed or being foreclosed upon. The seller simply wants to do a fast sale (knowing it would likely be at a loss). The auction is for an one bedroom condo (873 sq.ft) in Canal Station. The minimum bid starts at $279,000.