π¨ ONTARIO WATERFRONT PROPERTY CRASHES 51%! $545,000 WIPED OUT!
2021: Sold for $1,075,000
2026: Sold for $530,000
A staggering $545K LOSS.
Think about this. Over an acre of land. Private waterfront on Lake St. John, a private pond, a detached bungalow and a massive heated workshop.
In 2024, they tried asking $1.175M. No sale.
In 2026, the asking price dropped to $649,900. Then $617,500.
Finally sold for just $530K.
The latest listing describes it as a fixer-upper being sold "as-is."
From a million-dollar waterfront dream to barely half its purchase price in five years.
And this wasn't even purchased at the 2022 market peak.
Cottage country is getting absolutely hammered. The waterfront premium isn't protecting sellers from this correction.
Liberals shut down debate on a motion to have Diana Fox Carney, Mark Carney's wife appear before the Fisheries and Oceans Committee to discuss her appointment as Canada's new "Oceans Envoy" and the $1.2 Billion plus tax dollars she's been given.
#REPORT: Fake Canadian Driverβs and Commercial Truck Licences Sold for $120 on Chinese Website β Network Sold 6,500+ Fakes in Canada and the U.S. π¨π¦πΊπΈ
Experts Warn Unqualified Drivers Could Hit the Road, While Fake Licences Have Already Been Used in Bank and Telecom Fraud. Canada Still Lacks a National Licence Database.ββββββββββββββββββββββββββββββββββββββββββββββββββπ¨
π¨ SWEET, SWEET OAKVILLE!
A $519K loss in one of Oakville's most desirable neighbourhoods is now making the news.
Joshua Creek. Top-rated schools. Luxury detached home. Saltwater pool. Even recent upgrades couldn't protect the price.
Here's what should concern homeowners.
This property was purchased in March 2021, nearly a year BEFORE the market peaked.
And still, over half a million dollars vanished.
If even premium neighbourhoods aren't immune, where exactly is the safe haven in this housing market?
NEW: Philadelphia man killed after being pushed onto tracks as train approached.
Notice these are always black on white crimes? We need Trump to grow a pair and charge blacks with hate crimes.