After taking the no. 12 vaporetto from Fondamente Nuove to Murano and then Burano, you can transfer via Burano and take the 9 vaporetto (a very short ride) to Torcello, the third and lesser known island. It literally consists of a single canal that winds through the island along with fields and a few churches, and it's not really inhabited anymore. The Devil's Bridge is interesting to walk across but the other side is private property. The churches were closed when I went, there were few other tourists, and the silence was refreshing and almost eerie.
One thing I recommend is to buy your Venetian souvenirs on this island, as it's MUCH cheaper than in Venice itself (with jewelry, glass, scarves, etc. at half price). There was a lady named Fabiola with a shop near the church, and she was one of the kindest locals I met on my trip. She was very honest about what merchandise is authentic and which are imitations. I bought a couple of pieces of jewelry, a piece of Murano glass made by one of her friends, as well as a cotton/silk scarf at 5 euro (made in China, but it was pretty!).
Definitely go to Torcello to see a different side of Venice. Enjoy your trip!
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