I
investor
Guest
Willowdale's McMansions are getting ever large and more elaborate...but that doesn't mean quality's going up. Some McMansions built in the 80s are positively quaint in comparison. An older McMansion going from, say, $900K to $1.2M over the past few years isn't such a big deal...semis in Scarborough have gone up just as much.
I never said it was the same...Willowdale's housing stock will see almost complete turnover soon, while Yonge & Eglinton's houses mainly just get renovated. That's why I suggested the increases can't be compared, at least not until Willowdale stabilizes as an area of exclusively McMansions.
And I guess Yonge & Eglinton is like a 60 year old hooker - it's better than 75, but still...
Y&E is like the hottest girl in your High School Class at age 30. Still prime, though decidedly aged.