“The more debt you have, the more you are a slave...”
Doesn’t look like a 400,00+ house to me. Is Toronto an expensive place to live? I paid cash for my house 25 years ago, and mine looks a lot nicer. In a great small town neighborhood too. When I looked at how much interest I’d have to pay, well, that made my decision.
Toronto is an INSANELY expensive housing market.
A lot of these House Hunter shows for HGTV are shot there.
It’s astounding how little $800K will buy you in that market.
Most Canadian real estate is overpriced due to the Chinese money coming in.