Buying a Home in Toronto? House Prices by Subway Map
Here’s what you can expect to pay for a home in Toronto neighbourhoods, as described by the TTC map.
With real estate prices at an all-time high, buying a house in the GTA is becoming impossible for the average family.
“In Toronto, home ownership costs — including mortgage payments, utilities and property taxes — for a single detached home were 71.4 per cent of the median household income” The Canadian Press
Even a good income and large downpayment may not be enough, with the crazy bidding wars on Toronto homes, you’ll need to rely on fate and lots of luck.
Home Ownership in Toronto – An Unaffordable Dream
If you can’t afford the $1 Million price tag to be competitive in the Toronto market, what are your options of owning a home? Consider:
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Condos for Families
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Moving out of Toronto : a house near the GTA
For more info about buying a home, please contact us, we’ll help you assess the best situation for you and your family.
Christine Ng is a Real Estate Broker with Royal LePage Signature Realty, and can be reached at: tochristineng@gmail.com, 416.443.0300.