"CB" (jrcb)
05/05/2017 at 13:13 • Filed to: Torontolopnik
1
9|
"CB" (jrcb)
05/05/2017 at 13:13 • Filed to: Torontolopnik | 1
| 9 |
A $2.7 million dollar home is being targeted at builders. Which means once the house is built demolished and a new one is built, asking price will be somewhere close to $4 million. This city sucks. Although the neighbourhood is pretty nice.
HammerheadFistpunch
> CB
05/05/2017 at 13:17 |
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2.7 million CAD? So thats like...what...100 grand?
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CB
> HammerheadFistpunch
05/05/2017 at 13:19 |
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Smallbear wants a modern Syclone, local Maple Leafs spammer
> HammerheadFistpunch
05/05/2017 at 13:20 |
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1.97M USD.
DasWauto
> CB
05/05/2017 at 13:28 |
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Fuck that. Divide that price by 5 (at least) and buy something much nicer where I live.
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CB
> DasWauto
05/05/2017 at 13:30 |
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Essentially going to be doing that if/when I move out to the prairies. I can’t believe that people will pay this price.
Deal Killer - Powered by Focus
> CB
05/05/2017 at 13:56 |
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Wow, that street is the very essence of McMansion Row. Huge, overwrought homes on teeny tiny lots. Excuse me for a second, I’m not feeling well...
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CB
> Deal Killer - Powered by Focus
05/05/2017 at 13:59 |
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It wasn’t always that way. Had a friend growing up who lived on that street. Main floor and basement, that’s it. Shame they tore it down and replaced it with a McMansion.
Seems like every house is being taken down, which is a damn shame.
fintail
> CB
05/05/2017 at 14:18 |
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Hey, money laundering “investors” need a place to hide and a spot to park their money. Hello Canada (it’s not much better in many areas of the west coast, and the same demographic is at work).
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Deal Killer - Powered by Focus
> CB
05/05/2017 at 14:45 |
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Well, if the current home does not add value to the lot, simple economics dictates that it is best to remove the home and build new. Just doing a Google street view, I can see a couple of fairly average quality Cape Cods, which are very out of place. They are probably candidates for a bulldozer in the near future, if housing prices remain at that level. It doesn’t make sense to me either, but that’s what I’ve been taught in appraiser school. Luckily, I don’t typically have that kind of situation in N.W. Ohio.