Buy now or you could end up in the suburbs until the end of time.
It sounds like your typical real estate pitch but this one is for your final piece of land, your burial plot. Prices are rising fast and what used to cost $200 to $400 in the 1970s in a central area of Toronto might be closer to $18,000 to $24,000 now.
Your final resting place is not unlike any other property choice, desirable locations are going to cost you more money. You can spend as little as $1,600 in Toronto for a plot and funeral, if you keep it simple and are cremated, or blow $50,000 on a plot and a swanky affair.
Plots:
Prime real estate in Toronto’s core can run close $15,000, for an adult grave although most locations are stackable so that’s the price for a couple. There may be an extra fee when the second person is buried.
Head to the greater Toronto area suburbs and that same adult grave is closer to $2,000
Crypt:
Finding one in the city is tough enough. Price comes down to what “floor” you’re on. They stack them and the second level — eye level — can cost you the most. Those spots are easily $45,000 for a couple. Once again, the suburban option will save you money with prices close to half that.
Niches:
An indoor single niche for cremated ashes can cost about $7,000 in Toronto’s core with outdoor niche’s available for half that.
Back in the suburbs, that single indoor niche is less than $2,000.
It’s important to note all these prices are guaranteed for eternity, if you pay up front.
Mausoleum
At the Mount Pleasant Group of Cemeteries, a private family mausoleum goes for $500,000
A funeral can easily run $10,000 to $12,000 on average and with many operators demanding 50% up front.
It sounds like your typical real estate pitch but this one is for your final piece of land, your burial plot. Prices are rising fast and what used to cost $200 to $400 in the 1970s in a central area of Toronto might be closer to $18,000 to $24,000 now.
Your final resting place is not unlike any other property choice, desirable locations are going to cost you more money. You can spend as little as $1,600 in Toronto for a plot and funeral, if you keep it simple and are cremated, or blow $50,000 on a plot and a swanky affair.
Plots:
Prime real estate in Toronto’s core can run close $15,000, for an adult grave although most locations are stackable so that’s the price for a couple. There may be an extra fee when the second person is buried.
Head to the greater Toronto area suburbs and that same adult grave is closer to $2,000
Crypt:
Finding one in the city is tough enough. Price comes down to what “floor” you’re on. They stack them and the second level — eye level — can cost you the most. Those spots are easily $45,000 for a couple. Once again, the suburban option will save you money with prices close to half that.
Niches:
An indoor single niche for cremated ashes can cost about $7,000 in Toronto’s core with outdoor niche’s available for half that.
Back in the suburbs, that single indoor niche is less than $2,000.
It’s important to note all these prices are guaranteed for eternity, if you pay up front.
Mausoleum
At the Mount Pleasant Group of Cemeteries, a private family mausoleum goes for $500,000
A funeral can easily run $10,000 to $12,000 on average and with many operators demanding 50% up front.
No comments:
Post a Comment