Got $1 million to buy a house? If you're looking to spend it in a hot neighbourhood in Toronto or Vancouver, brace yourself. You might end up with a dilapidated home in desperate need of major repairs, or even a tear-down.
http://www.cbc.ca/news/business/got-1-million-you-might-score-a-tear-down-home-in-a-hot-market-1.3214412