There's nothing all that special about this bike; I think you can do better for $700 even in Toronto which I assume is a reasonably hot market for used bikes. It's certainly a great city to live in. Jamis makes the sputnik which is a pretty nice single speed for around that price: http://www.jamisbikes.com/usa/thebik...putnik_or.html. If you want fat tires on a single speed to ride around the city, you should check out the surly steamroller. It runs closer to $800. There are lots of great single speeds out there that cost around $700; this Bianchi is not one of them.