TORONTO -- About 30 people gaze into each other's eyes in the basement of a Toronto pub.
Karen Turner and Kelly Wilk just co-purchased a home in the upper Beaches area of Toronto.
Both in their late 30s, they have been friends since they were roommates during first year university.
They take a seat at the long table, where they have a few minutes to chat before the bell rings and it's time to move on to their next "date." "I'm an investor," one man with multiple properties in Canada and Asia declares to the young woman sitting across from him. Her other criteria: "Close to transit," which she writes on her name tag. The average selling price in the Greater Toronto Area in May was $863,910, up from $752,100 the same month last year.
The average detached selling price was more than $1.1 million. When they sold their duplex for more than double the price nearly a decade later, they used the profit to go their separate ways and buy their own properties.
Toronto as a whole would benefit from co-ownership, Gaynor said, making one last argument for it.