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Like I said on Twitter, that's a crazy price for an unrelated 2-word .CA domain.
In other words, that's a .COM domain you buy, not something you'd expect to sell on .CA, other than possibly to the owner of the .COM.
Not a crazy price, IMO, not at all.
I can see where some might question the registration.
While I agree that targeting seemingly unrelated word+word domains in hopes the .com comes to canada, well yes, that's a poor strategy for multiple reasons.That's really my point, that buying a pile of unrelated WORD + WORD .ca domains doesn't give you very good odds for achieving a profit on a portfolio like that.
You are right that the price of the one you might sell per year is in line with that, but your STR is going to be pretty bad.
Unless you're actively targeting.
But in this case, I just know how big that box industry is, and yes, people have registered damn near any word+box domain, so this one might not be the best example for your case.