What can you buy for $200,000 Canadian dollars?

I ran a search on the MLS for houses in east Toronto. This is what I found listed at $204,900 CAD:

Is it on the right or left? I guess it doesn’t really matter. It’s a 2 bedroom, 2 bathroom, semi-detached shack bungalow. The listing describes it as more spacious than it looks, and indicates ‘no surveys’. I guess that means no home inspection (?). Yeah, okay. Don’t all rush out at once.

For the same price, you can buy this in Berlin:

It’s a spacious, 3 bedroom, 2 bathroom, detached home with everything updated and new. It’s on a lot size that millionaires in Toronto can’t even dream about.

Be honest, which one do you like better?

Note: With buying real estate in Germany, the buyer (not the seller) pays all the closing costs and taxes, which is around 12-13% of the purchase price. If you sell your property in less than 10 years, you owe the government 15% on capital gains. This discourages constant buying and selling, which is why the prices are so low. You buy a house because you want to live in it – that makes sense to me. I think it’s better than the over inflated prices of Toronto.

You may call me a princess, but I would never want to buy and/or live in that run down east Toronto home.