are we in a real estate bubble?Oakville house for sale: $45 million


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my2cents   
Member since: May 04
Posts: 260
Location: Miss, Canada

Post ID: #PID Posted on: 08-05-06 10:04:43

Quote:
Originally posted by amit kalia

[Sidenote 3: My2Cents -> are you sure the house is worth $45 million? Can the board see the listing on that? To my eyes 9 bedrooms is no big deal. We regularly do a 9 or 10 bedroom house for 750K. Frank Dunn's house in Oakville (Ex Nortel's CEO) was just $7 Million. Unless the floors are of gold , the price seems to be very high and that too in Oakville. I have to see the listing to belive it. $4.5Million is more like it.



It's true. 45 million is the asking price. The home is listed on MLS.ca. Anyone interested to buy? I'd love to be the buyer broker for this property:smash:

http://www.mls.ca/PropertyDetails.aspx?PropertyID=4562442





It seems that there are TWO not one house where the ask is $45 M.

http://investorial.com/real-estate/bubble-watch-45m-gta-home/


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