Is Your Toronto Condo Worth More Than Toilet Paper?

Posted By on Jun 3, 2014 | 0 comments


The answer is YES! 😉

condo-toilet

I performed a scientific study comparing the average price of a roll of toilet paper to the average price of a 1 bedroom condo with parking in the Toronto downtown core.

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. Back in 2010 the median family income in Toronto was $68,110

That family would have paid approximately $0.58 for 1 roll of toilet paper.

The price of a 665 sq ft 1 bedroom plus den condo with parking downtown Toronto in CityPlace was around $318,000

…Fast Forward to 2014

The median family income is now around $76,000(based on 2013 data)

The price of a roll of toilet paper is now $0.64…up 10% from 4 years ago…that is an average increase of 2.5% per year…much higher than any GIC 😉

That same average condo in CityPlace now sells around $368,000…up 13.5% from 4 years ago.

The condo is the clear winner!!!

flushing-money-down-the-toilet1STOP FLUSHING YOUR MONEY DOWN THE TOILET…BUY A CONDO INSTEAD!

When you are ready to make your move, make sure you contact me…

I know my S#*T   LOL

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I am a full time real estate agent in Toronto and former home renovation contractor. My focus is on always doing what is best for my clients, before, during and after their real estate transaction. My clients always feel that they have a professional on their side that they can trust and count on. I believe that this is the best way to have a long lasting successful business with repeat clients and referrals.