Quote:
Originally Posted by MightyMouseTech
Ottawa is getting crazy.
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For a townhouse too - that's nuts.
Quote:
Originally Posted by Alfisti
Even if that is downtown Ottawa that's crazy, mind you the asking was a joke, i'd have figured 850 to 950K.
We paid $850K in Toronto suburbs (10 miles from downtown) 10 years ago and nothing has sold for less than $2m in my neighbourhood this year.
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Yeah, we aren't in Toronto, but I figure all the homes on the street are solidly $1.5M+ and all of us bought in for less than half that within the past 5 years. Only house that did sell on our street recently sold for $2.6M and it is a teardown, but is half an acre and probably has 150 ft on the waterfront. Everything is crazy. But to move you'd have to buy in this market too, so there is no point.