TAXES $7,003.57 (2017) for a 1.5 million dollar house ???
Toronto property taxes must be the lowest in the country. 
A house in Ottawa worth half that much is paying more 
Given the rate of return on investment   it makes for a 
wise investment.
So much for encouraging new comers to live outside
the Toronto region !!!!!!
Truly is it any surprise Toronto's  infrastructure has collapsed.