Quote:
Originally Posted by TallerIsBetter
Isn't there insane demand right now? If I were a Toronto person about to retire and sell my house for 1.5M and had a connection to London (say went to Western and liked it). Pocket the 1.5M and rent something super nice in a new snazzy tower in London for $2200/ mo. Set for life.
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I don't know if any of the $2200 units are all that snazzy. My inlaws live in an Old Oak building in the burbs and pay around that for 2 bed, 2 bath, and I would say their unit is nice, but not really snazzy. I imagine a similar unit downtown would be a fair chunk more.