Toronto's Crib Game is on Another Level 🤑🏡

The Deets

Yo, listen up! Toronto's real estate scene is wildin' out, especially if you're talking about those boujee homes that cost more than your entire existence. We're talking houses over $10 million, fam! Sales are up like crazy, like 200% more than last year. That's a W for the real estate agents, but a major L for your bank account.

So, what's considered "ultra-luxury?" Apparently, we're talking $15 million to $30 million. And if you're just tryna dip your toes in, "entry-level luxury" starts around $3 million to $5 million. Still expensive AF, tbh.

Everyone knows the Bridle Path is the OG boujee spot, but don't sleep on Bayview, York Mills, and Forest Hill. Those areas got some serious bread too. You can find mansions going for crazy prices in Forest Hill and Etobicoke rn, if you got the cheddar.

Who's buying these places? Mostly rich peeps from overseas, especially the Middle East and Asia. They gotta prove they got the funds, sign NDAs, and basically show they're living that baller lifestyle. It's not just about the house, it's about the whole vibe.

Here's the tea tho: Pricing these homes is kinda sus. There aren't a lot of similar houses to compare to, so it's hard to know what's actually worth it. And get this: some experts are saying the whole market is gonna change in the next 5-10 years. So, if you're thinking about dropping millions on a crib, maybe do your research first. Just sayin'.