Rumsey bungalow proof of supply and demand, $1,051,000

rumsey bungEvidence of those staggering prices for a detached home is seen in the price paid for 228 Rumsey Rd. That would be $1,051,000 in February. These prices of course are all about the City and the mud as much as the houses. As the old real estate man said, they aren’t duplicating places like mid-town Toronto no matter what developers may say.  In related news, the linked CBC story on how brokers are being forced to take down online information about prices is of interest. CBC