How Much Housing Can You ACTUALLY Afford in Toronto? (By Salary)

How Much Housing Can You ACTUALLY Afford in Toronto? (By Salary)
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►► How much housing can you actually afford in Toronto based on your salary in 2024? In this episode of Prime Properties TV, I break down this topic into 3 levels of Canadian income. Be sure to tune into this episode as some numbers may shock you! Further, I'll be diving into this Toronto Housing affordability topic from both the purchasing side of the Toronto Real Estate Market and also the renting side.
#TorontoRealEstate #TorontoCondoMarket #TorontoRealEstateMarket
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[@luckycharm8888]

The new operandi is that immigrants has someone from the banks that approve mortgage and paid them $10K upwards to accept padded income to be approve mortgage to the detriments of Canadian raised who never knew the operandi of paying off someone from the banks that approve loans. These aggravated the skyrocketing house bidding! This should be include in the conversation because it is now becoming accepted norms!

[@chineduogbonna6947]

We all can’t reside in GTA, Canada is a huge country and there are multiple cities with affordable housing. You can get a condo

[@kurtr847]

Job opportunities and income might not be the same. Edmonton vs GTA

[@kingRay5555]

-40 degree is the real issue, long suffering winter

[@PrimePropertiesTO]

😂

[@ReliableRandy]

There are so many things wrong with your analysis here but I am sure you know that already.... Even if you have the belief that people should be saddled with debt their entire life, has been stretched to great lengths.

[@TheTamingOfTheShrew]

"easily afford a condo"
Ohhh careful. Have you looked at condo fees lately?