Cost Overview by Neighbourhood
First time buyers and transit-leaning Torontonians mulling over the idea of swapping out their rental payments for a monthly mortgage on a condo may be wondering – what can I afford to buy and what is a typical cost per square foot by neighourhood in Toronto?
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You finally managed to save enough for a down payment when you’re suddenly surprised by the unexpected costs of buying your dream home. With moving expenses, lawyers’ fees, home inspections, title insurance, renovations and repairs, many experts suggest you put aside up to 5% of the price of your home to pay the bills.
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