Tag: income
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You need to make $214k/ year to afford an average home in Toronto according to a new study

Achieving home ownership remains a significant milestone for many individuals, yet the reality of purchasing a home in Canada is becoming increasingly difficult due to rising prices, particularly in metropolitan areas such as Toronto. A study by Ratehub.ca offers insights into the required income for home ownership in various Canadian cities as of February 2024,…
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Income Needed To Get A Mortgage In Canada

Are you considering buying a home in Canada? Wondering how much income you need to secure that mortgage? Look no further! Ratehub.com launched their newest report and here is the average income needed to get a mortgage in Canada: Graph by Nesto.ca Source: Income Needed To Get A Mortgage In Canada – nesto.ca