Sales of houses that cost at least $1 million are booming in Canada’s four biggest cities, high-end real estate firm Sotheby’s International Realty Canada says. Sales of homes priced higher than $1 million increased in Vancouver, Calgary, Toronto and …
Canada’s high-end home sales soar in first half of the year: Sotheby’s …
Joe can’t afford the mortgage, Jane couldn’t even have what it takes to pay just the taxes.
So, just who is buying ?
Foreigners wanted a Canadian passport?
Why not just sell them passport … $5M for one, $10M for three (family package) … and distribute $10 to each of us the poor guys in the street ?
Well … How about Birth Tourism ?
I offer packages to make and deliver babies … on turnkey basis.
125 Macpherson Avenue – SUMMERHILL
This house has been listed for a LONG time.
Though it had an extensive renovation with an addition and a terrific wall of glass at the back, I thought the asking price of $2,195,000 was kind of crazy.
I thought it was more of a $1.66…maybe even $1.75 house.
But even though there WAS a fourth price drop, I missed it.
Two weeks ago, the price was dropped a 4th time to $1,879,000.
It has finally sold…
So….what is 10% (the rate I feel the market has been growing annually) on top of my $1,660,000 guess last March?
So…considering the costs to keep the house for a full year are WAY less than $166,000…
This whole year long wait may have been a good thing for the seller after all!