The meteoric increase in real estate prices across the GTA has certainly been well documented, in some cases ad nauseam with certain media outlets. Being in the business, it seems every week I have some variation on the same conversation, usually “Holy crap, did you see what 123 Main St. sold for last night? Those people must be nuts!!” Every night new sale records are set, with no end in sight. The poor buyers have the deck stacked against them like never before.
In this environment, I would argue that no house is more coveted than the humble East York bungalow. These bungalows are hot, white hot. Think Margot Robbie hot in the Wolf Of Wall Street, and you get the idea.