To put this into perspective Tele, a small tiny townhouse near our chapel costs $560,000 or more.
Yes I know that. Prepare for a real estate collapse in Toronto.
It is possible, but probably not anytime soon. Land is at a premium in and around Toronto.
Luckily I do not live inside Toronto, I am in one of the surrounding cities. But even here I do not like the prices. For now I rent an apartment, but should I get married and start a family I'll very much consider moving west maybe in the direction of New Hamburg.