FML Listings

Toronto Real Estate at its finest

2 Bedroom, 1 Bathroom - Trillions of Billions of Dollars

Which one of these is more money?
 

The sold as-is 2 bedroom 1 bathroom house at “Yonge and Your-Kid-Can-Go-To-Earl-Haig” OR this “3 bedroom 3 bathroom 2.5 acre views of the ocean with a maids quarters mansion in Malibu”?


I know you’re thinking the Yonge and FML house but you’d be wrong this time! Psych! It’s actually the Malibu house… by $6,000.00.  Malibu house is $1,495,000.00 and the North York house is $1,488,888.00.

Although historical data shows that homes in that Malibu area sell for under asking, and houses in the If-You-Think-Your-Kid-Is-Going-To-Earl-Haig-You-Need-To-Get-Over- Yourself area sell for over asking,  so I’m calling this that Malibu is less money. Also, the Land Transfer Tax on the Spending-This-Money-So-You-Can-Try-To-Go-To-Earl-Haig-Even-Though-Private-School-Is-Probably-Cheaper-At-This-Point house is over $51,000.00!   So, two bonus points go back to Malibu - therefore I call Malibu cheaper. FML Listings Proprietary Math formulas.

Another fun point I learned yesterday, the average house price in Canada is $375,000.00. And the average house price in Toronto is at around $600,000.00. Weeeee!

  1. fmlistings posted this