The Globe and Mail
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26th August 2026
This marketing strategist had $800,000 to buy a farmhouse in Prince Edward County, Ont. What did he buy?
In 2014, Justin Maguire moved from his hometown of Perth, Australia, to Toronto. He’d always imagined owning a house in the city one day but the real estate boom that started in 2016 made that milestone seem unattainable to him.
“It felt like the ladder into the housing market had been pulled up,” he explains. He might have been able to eventually afford a condo downtown or a house in the suburbs, but neither option appealed to him.
He continued to rent in the city, but, in 2018, Mr. Maguire,...