Not sure where you got the numbers but to buy a 1m condo in Toronto would require closer to 250k not 60k. And that isn’t taking into consideration the condo will also be up 8-10% next year.
11 karma · joined November 30, 2019
I always go with the rule of thumb that unless the person who answered is so far off base that it materially changes the outcome it’s often better letting the answer go and moving on to the next.