In shocking news, it's been revealed that the average price of a Toronto home is significantly higher now than it was in 1981. It's true! The price of homes in the 416 have risen 290%, from $90,203 to $351,941.
As a Toronto homeowner, it's nice to see I've made a solid investment, but there's a catch. If I were to sell my home, I'd just have to buy another home in the same market, so there's no cash grab. Since I'm not willing to pull up stakes and move to Saskatchewan, I'll just have to wait until I'm ready to die before I cash in.
But if I were willing to move to Saskatchewan, I'd have a tidy profit on my hands!
