The Interrobanger
Member
Try and find an affordable home to buy in Toronto, or the GTA (Greater Toronto Area). My bro went to an open house yesterday at Yonge & 16th Avenue. A split, required lots of work, no furniture...asking for 525,000. Then their realtor revealed that the current owner bought it just last month for 470,000! The number of homes purchased for the sole purchase of flipping is preposterous!
I guess it depends on how wide your "GTA" net is, but I just bought a beautiful 5 bedroom, 3 bath house this weekend in Hamilton for 228k. 45 min drive to downtown Toronto (without traffic) or about 60 mins by train.