Tag: homeownership costs Toronto

• The Average Toronto Household Now Spend 71% of Their Income on Housing – Up from 50% a Decade Ago

  

  Toronto’s housing market has reached a critical point, with the average household now allocating approximately 71% of its pre-tax income to cover housing costs, including mortgage payments, property taxes, and utilities. This marks a significant increase from a decade ago, when households spent around 50% of their income on housing .​ The Escalating Cost of…

  Kaleylangille

  April 27, 2025

  ontario, Uncategorized

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