Wednesday, February 10, 2016

10 Canadian Islands You Can Buy That Cost Less Than A House In Toronto

The real estate situation in Toronto is pretty ridiculous. The prices of properties continue to increase at a seemingly monstrous rate and there aren’t any signs of it slowing down anytime soon. As of September 2015, the average price of a detached house in downtown Toronto was $1.017 million… That’s a hefty 12.9% increase from the year before!
Many Torontonians are resorting to more affordable alternatives such as condos, townhouses or semi-detached homes, but even those are still rather pricey. On average, they come up to around $407K, $524K and $663K, respectively. What’s an aspiring Toronto home buyer to do?
Well, did you know that there are some private islands for sale in Canada – for partial or complete ownership – that would cost much less than all of the above options? You may want to put your house ambitions aside for a second and consider these 10 Canadian islands

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