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[–] 2 points 1 week ago (3 children)

The houses on the islands are artificially cheap since the prices and sale is controled by the city

Aren't they also under the remains of a 100 year lease? With something like 70 years left?

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  • [–] 1 point 1 week ago (1 child)

    Not sure about that part. Got my info from here and it didn't mention anything about the 100 year lease. Maybe that's on the trust itself?

    https://torontoisland.org/purchasers-list/

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