Cost of living in Toronto... How much does it cost to live in your city?
- Thread starter JJWALKER
- Start date
The post is no longer available. To my knowledge and experience Toronto got Mafia type taxes. If you're not making more than $150,000 a year and single don't do it. I was paying $7 for a pack of smokes and $26 for a case of Labatts in 1988 and the taxes weren't even as high then.
How are home prices in Mississauga, Scarborough, Markham, and Ajax?
The only places in the States fucking with Toronto on housing costs are San Fransisco and New York.
My mother lives in a house in Scarborough. It’s worth $900k - 1 million.
She bought it in the seventies for $70k.
In Durham, a suburban region east of Toronto, which includes from west to east Pickering, Ajax, Whitby, and Oshawa the prices range from $400k - $1 million+
In Durham, The prices get cheaper the further east you go away from Toronto.
In Markham aka China Town, another surban region north of Toronto, the prices go from 800k +. The cost getting lower the further north you go away from Toronto.
She bought it in the seventies for $70k.
In Durham, a suburban region east of Toronto, which includes from west to east Pickering, Ajax, Whitby, and Oshawa the prices range from $400k - $1 million+
In Durham, The prices get cheaper the further east you go away from Toronto.
In Markham aka China Town, another surban region north of Toronto, the prices go from 800k +. The cost getting lower the further north you go away from Toronto.
much more bang for your buck in toronto tho, sure the taxes are no joke.. but with health care including dental and education....
the bang for you buck is there..
new york and san fran is cool if you a single dude making at least a hundred geez a year...and have no debt..
but for raising a family you cant beat the tdot... dont even compare college expenses...
http://www.cbc.ca/news/canada/british-columbia/bc-assessment-values-1.4470645
http://vancouversun.com/news/local-...ce-wide-property-assessments-released-tuesday
http://www.huffingtonpost.ca/ben-my...3078111/?utm_hp_ref=ca-vancouver-house-prices
http://www.huffingtonpost.ca/news/vancouver-house-prices/
http://angusreid.org/foreign-buyers-vancouver/
https://globalnews.ca/news/3886743/quebec-immigrant-investor-program-vancouver/
http://www.cbc.ca/news/canada/british-columbia/housing-prices-fraser-valley-1.4510428
http://vancouversun.com/news/local-...ce-wide-property-assessments-released-tuesday
http://www.huffingtonpost.ca/ben-my...3078111/?utm_hp_ref=ca-vancouver-house-prices
http://www.huffingtonpost.ca/news/vancouver-house-prices/
http://angusreid.org/foreign-buyers-vancouver/
https://globalnews.ca/news/3886743/quebec-immigrant-investor-program-vancouver/
http://www.cbc.ca/news/canada/british-columbia/housing-prices-fraser-valley-1.4510428
What if you brought a half acre in unincorporated Toronto metro area and built a shipping container house on it? Would it be a less expensive and affordable option?
Something like these?
I have two homes in Toronto. 1 downtown 1 in the suburbs. They are currently being rented out while I'm not there currently. I bought them both in 2007. The downtown condo cost me $1.2M. The suburd home cost me $659K. They both now have went up in value. The condo now is worth $2M. The suburb home is worth $890K.
Bought a townhome in the west end toronto keele/401 vicinity in 06 for ..300Gs.
dont have to tell you how much it cost now...price also skyrocketed since the opened up the new hospital across the street.
yea my ex had a home is mississauga by square one mall... that shit is easily worth over half a milly now..
but them condos lakeside in toronto is dope... when I was going out there, there was always some new shit poppin up...
toronto reminds me a lot of new york, just not as intense but a whole lot cleaner...
Constant construction in the downtown and greater toronto area,if am not mistaken toronto has the second most high rise buildings in north america next to nyc.
Condos going up every damn where.
as far my spot its over 750 since i last checked.
by for the best purchase ive ever made.
Houston is a big city bargain
. I like Houston a lot. The only downside is it is in hurricane alley. Beware though Houstonians in ten years that city might become expensive to live in as well.
Fuck a cane, it ain’t shit.Houston is a big city bargain
Now you know where no to live in the city lol
I started with 40k yrs ago and I still base my budget off it even tho I make way more now
Buy a cheap rent house and watch that money come in.
Rent to illegals, they ain’t tryin to have the laws called.
you ever thought about gettin a new place and renting that out...
Many times,its something i plan on looking into.
since this place has lots of equity ive also looked into the idea of buying another and renting one out...
we'll see how it goes.
yea seems like everyone I know that paid off their initial real estate property, get into the renting game..
and everyone of them are doing well and wonder why most people dont do it..
folks cakin lovely off of airbnb.. just renting apts for short term stays..
especially if you live in a city like toronto which gets millions of vistors a year...
in nyc its illegal to rent your shit for under thirty days...
nyc hotel industry put a stop to that shit..
I was just out there and LOVED it, except it was DUMB COLD. They had a deep freeze I came back to the states sick as hell.
I went out and had a ball it gave me a NY feel. I checked out some investment properties in Blue Mountain but money just not like that yet.
The homie @West Endian got all the info you need about the Dot
I went out and had a ball it gave me a NY feel. I checked out some investment properties in Blue Mountain but money just not like that yet.
The homie @West Endian got all the info you need about the Dot
Toronto is really dope except for the cold it's like a clean ass NY. I like the Caribbean and African communities out there met some really dope sistas there too.
its funny hearing new yorkers talk about toronto weather, its actually pretty much the same...
buffalo is a whole new ball game tho....
I didn't know after all these years so many tdot people's were here.
True I guess it's the thought of replacing one cold place with another lol. Toronto is dope though.
I know being a new yorker I used to think the same thing,
and everytime I went up there, they had the same weather we were having...
it would snow there and the next day, we had the same amount of snow and temp..
but buffalo would get slammed with snow and wind.. the crazy shit is toronto is further up and they dont get the type of snow buffalo ny be gettin...
now if you go way out into canada like edmonton thats a different story...
The facts
The Bank of Canada has recently raised interest rates.
Economic indicators are good
Canada tops G7 in latest IMF estimate for 2017 economic growth, No. 2 in 2018
Canada’s unemployment rate falls to lowest rate in over 40 years
Ontario 5.5
British Columbia 4.6
Quebec 4.9
Unemployment rate in Ontario drops to lowest in 16 years,
"Statistics Canada says Ontario has added 96,800 full-time jobs in the past year, while the number of part-time jobs has actually decreased by 10,200."
My predictions
Housing market is expecting to cool down in 2018
inflation will be up
tech industry will become the new engine especially in the Toronto/waterloo ecosystem
less business with the US (NAFTA???)
more business with Asia (TPP)
more Business with European Union ( CETA)
My advices
Before coming to Toronto Invest in Education , try to be familiar with data science, Artificial Intelligence ,
if you have money , invest in Startups,
Learn basics of Mandarin, learn basics of French
don't buy , rent
Move to scarborough not Toronto itself
The Bank of Canada has recently raised interest rates.
Economic indicators are good
Canada tops G7 in latest IMF estimate for 2017 economic growth, No. 2 in 2018
Canada’s unemployment rate falls to lowest rate in over 40 years
Ontario 5.5
British Columbia 4.6
Quebec 4.9
Unemployment rate in Ontario drops to lowest in 16 years,
"Statistics Canada says Ontario has added 96,800 full-time jobs in the past year, while the number of part-time jobs has actually decreased by 10,200."
My predictions
Housing market is expecting to cool down in 2018
inflation will be up
tech industry will become the new engine especially in the Toronto/waterloo ecosystem
less business with the US (NAFTA???)
more business with Asia (TPP)
more Business with European Union ( CETA)
My advices
Before coming to Toronto Invest in Education , try to be familiar with data science, Artificial Intelligence ,
if you have money , invest in Startups,
Learn basics of Mandarin, learn basics of French
don't buy , rent
Move to scarborough not Toronto itself
Toronto>>>>> NYC
I headed Brotha Polight got that shipping container housing industry on lock. Call him for prices and a job.....What if you brought a half acre in unincorporated Toronto metro area and built a shipping container house on it? Would it be a less expensive and affordable option?
Something like these?
Skatta you live close to Humber regional?
what makes it worse the houses for that price look like shit out of archie bunker all in the family 100 year old shit holes
Yup.
The new humber regional,keele/401 vicinity.
See what U failed to understand people want to be there. If a home is a hunnid plus years and still standing its foundation is strong and it has character via the beams and crown molding. Its not like in ohio its plenty to do in Toronto. Got a homie in Moreland Hills, ohio its nothing there.
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