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AR

join:2000-09-21
Toronto, ON

AR to donoreo

to donoreo

Re: [Rant] House prices in Toronto

I don't think any place in Toronto (and i mean Toronto proper) is less than $1M.

Just buy in Oakville or Richmond Hill......those are nice suburbs. Even by my standards!

elwoodblues
Elwood Blues
Premium Member
join:2006-08-30
Somewhere in

elwoodblues

Premium Member

said by AR:

I don't think any place in Toronto (and i mean Toronto proper) is less than $1M.

Just buy in Oakville or Richmond Hill......those are nice suburbs. Even by my standards!

Sister boiught a place in Burlington, 600K, probably spent several hundred renovating now.

She's insane though, it would have been cheaper to tear down and rebuild

A Lurker
that's Ms Lurker btw
Premium Member
join:2007-10-27
Wellington N

A Lurker

Premium Member

said by elwoodblues:

Sister boiught a place in Burlington, 600K, probably spent several hundred renovating now.

You're right, she's insane. There are few neighbourhoods that the prices are quite that high with rundown homes (unless you're heading to the lakeshore). ie. 800K+ homes. Buying at 600K and then dumping 200K into one of them she's likely over-improved (or replaced things that didn't need it).

Decades ago my parents sold their home. They guy who bought it got talked into changing the tile floor (ran through 2 main rooms and a large hallway).... two shades darker by a decorator.